US Patent Issued to LayerZero Labs Canada on May 27 for "Implementing blockchain-based token attribution with reduced computational complexity" (Canadian Inventor)

ALEXANDRIA, Va., June 17 -- United States Patent no. 12,314,937, issued on May 27, was assigned to LayerZero Labs Canada Inc. (Vancouver, Canada).

"Implementing blockchain-based token attribution with reduced computational complexity" was invented by Ryan Zarick (Vancouver, Canada).

According to the abstract* released by the U.S. Patent & Trademark Office: "A method includes receiving a transfer request defining a transfer amount of tokens to be transferred from a sender associated with a first digital wallet to a receiver associated with a second digital wallet. The sender has a total token balance including an attributed token balance and a float token balance of float tokens, the attribution token balance and the float token balance ar...