US Patent Issued to Gian Luis Irizarry on Oct. 14 for "NFT ownership authentication and distribution" (Puerto Rico Inventors)

ALEXANDRIA, Va., Oct. 21 -- United States Patent no. 12,443,956, issued on Oct. 14, was assigned to Gian Luis Irizarry (Carolina, Puerto Rico).

"NFT ownership authentication and distribution" was invented by Gian Luis Irizarry (Carolina, Puerto Rico).

According to the abstract* released by the U.S. Patent & Trademark Office: "The system will provide a method of authenticating the ownership of an NFT that has been assigned through a distributed ledger, with the creation of a unique QR Code that links the NFT and wallet address to the owner. This resolves the problem of authenticating NFT ownership in physical events or establishments without the user requiring the use of a wallet or internet connection. The system will also provide the dis...