US Patent Issued to LEDGERDOMAIN on May 13 for "Decentralized identity authentication framework for distributed data" (California, Massachusetts, Nevada Inventors)

ALEXANDRIA, Va., June 12 -- United States Patent no. 12,300,371, issued on May 13, was assigned to LEDGERDOMAIN INC. (Las Vegas).

"Decentralized identity authentication framework for distributed data" was invented by Victor Bovee Dods (Orinda, Calif.), Leonid Alekseyev (San Francisco), William Jack (Cambridge, Mass.) and Benjamin James Taylor (Las Vegas).

According to the abstract* released by the U.S. Patent & Trademark Office: "Disclosed is a method for authenticating requestors and granting access to a permissioned blockchain network shared among enterprise entities. A decentralized registry of credentialled users, in which credentialled users guard their own access information by keeping a private key of a public-private keypair enabl...