ALEXANDRIA, Va., July 23 -- United States Patent no. 12,368,577, issued on July 22, was assigned to LSC Ecosystem Corp. (New Taipei, Taiwan).

"Method for managing a digital identity system" was invented by Wei-Ming Li (New Taipei, Taiwan), Kuan-Hsun Cho (Kaohsiung, Taiwan) and Sung-Ching Lin (New Taipei, Taiwan).

According to the abstract* released by the U.S. Patent & Trademark Office: "A method for managing a digital identity system includes generating a user digital identity for a user, generating an asset digital identity for an asset, generating a user public key and a user private key after the user digital identity is generated, generating descriptive data related to the asset, generating a data public key and a data private key af...