US Patent Issued to NCHAIN LICENSING on May 27 for "Agent-based turing complete transactions integrating feedback within a blockchain system" (British Inventors)

ALEXANDRIA, Va., June 17 -- United States Patent no. 12,314,379, issued on May 27, was assigned to NCHAIN LICENSING AG (Zug, Switzerland).

"Agent-based turing complete transactions integrating feedback within a blockchain system" was invented by Craig Steven Wright (London) and Stephane Savanah (London).

According to the abstract* released by the U.S. Patent & Trademark Office: "A method and system are disclosed for a computing resource to oversee handling and execution of a looping process, comprising: the computing resource monitoring a state of the blockchain to cause one or more transactions to be written to a blockchain, wherein execution of the looping process comprises the computing resource managing and running a loop, the loop ha...