US Patent Issued to nChain Licensing on March 18 for "Blockchain transaction comprising runnable code for hash-based verification" (British Inventors)

ALEXANDRIA, Va., March 19 -- United States Patent no. 12,256,022, issued on March 18, was assigned to nChain Licensing AG (Zug, Switzerland).

"Blockchain transaction comprising runnable code for hash-based verification" was invented by Jad Wahab (London), Wei Zhang (London), Brock Doiron (London) and Craig Wright (London).

According to the abstract* released by the U.S. Patent & Trademark Office: "A computer-implemented method comprising, at a verifying nodes of a blockchain network: obtaining a first transaction which comprises runnable code; receiving a second transaction which includes information comprising at least a submitted instance of an r-part and an s-part of a first ECDSA signature, and further comprising a nonce; and miming t...