US Patent Issued to NCHAIN LICENSING on Dec. 23 for "Method and system for verifying ownership of a digital asset using a distributed hash table and a peer-to-peer distributed ledger" (British Inventors)

Posted On: 2025-12-23

ALEXANDRIA, Va., Dec. 23 -- United States Patent no. 12,505,180, issued on Dec. 23, was assigned to NCHAIN LICENSING AG (Zug, Switzerland).

"Method and system for verifying ownership of a digital asset using a distributed hash table and a peer-to-peer distributed ledger" was invented by Stephane Savanah (London) and Craig Steven Wright (London).

According to the abstract* released by the U.S. Patent & Trademark Office: "A computer-implemented method (600) and system (1) for verifying ownership of a computer software for installation using a distributed hash table (13) and a peer-to-peer distributed ledger (14). This may be the Bitcoin blockchain or an alternative blockchain implementation. The method includes determining (610) a second us...

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US Patent Issued to NCHAIN LICENSING on Dec. 23 for "Method and system for verifying ownership of a digital asset using a distributed hash table and a peer-to-peer distributed ledger" (British Inventors)