US Patent Issued to NCHAIN LICENSING on April 15 for "Blockchain-implemented control method and system" (British Inventor)

ALEXANDRIA, Va., June 5 -- United States Patent no. 12,278,898, issued on April 15, was assigned to NCHAIN LICENSING AG (Zug, Switzerland).

"Blockchain-implemented control method and system" was invented by Gavin Allen (London).

According to the abstract* released by the U.S. Patent & Trademark Office: "This invention relates generally to distributed ledger technology (including blockchain related technologies), particularly a method and corresponding system for providing a blockchain transaction comprising a redeem script for an output that comprises: i) a plurality of public keys, each associated with a corresponding private key, wherein each public key is uniquely associated with a potential state of at least one data source; and ii) l...