US Patent Issued to Intellectual Frontiers on Oct. 7 for "Computer-controlled marketplace network for digital transactions" (Maryland Inventor)

ALEXANDRIA, Va., Oct. 8 -- United States Patent no. 12,437,338, issued on Oct. 7, was assigned to Intellectual Frontiers LLC (Silver Spring, Md.).

"Computer-controlled marketplace network for digital transactions" was invented by Shahid N. Shah (Silver Spring, Md.).

According to the abstract* released by the U.S. Patent & Trademark Office: "A marketplace network for facilitating transactions among a plurality of marketplace participants. The marketplace network includes a plurality of service provider systems associated with respective service provider participants. Each of the plurality of service provider systems are communicatively coupled to a respective merchant server. The marketplace network includes a plurality of user systems ass...