US Patent Issued to MICROSOFT TECHNOLOGY LICENSING on May 13 for "Smart contract template meta-programming system and method" (Israeli, American Inventors)

ALEXANDRIA, Va., June 12 -- United States Patent no. 12,299,757, issued on May 13, was assigned to MICROSOFT TECHNOLOGY LICENSING LLC (Redmond, Wash.).

"Smart contract template meta-programming system and method" was invented by Ami Turgman (Tel Aviv, Israel), Yosef Dinerstein (Haifa, Israel) and Ashwarya Poddar (Seattle).

According to the abstract* released by the U.S. Patent & Trademark Office: "Embodiments described herein are configured to generate a smart contract deployed to a distributed ledger platform. In particular, a first party and a second party select a smart contract template and a user interface user interface is thereafter presented to the parties for inclusion of negotiable contract elements. Upon agreement, a smart cont...