US Patent Issued to NCHAIN LICENSING on May 27 for "Blockchain-implemented control method and system for controlling an external process or system" (British Inventor)

ALEXANDRIA, Va., June 17 -- United States Patent no. 12,316,771, issued on May 27, was assigned to NCHAIN LICENSING AG (Zug, Switzerland).

"Blockchain-implemented control method and system for controlling an external process or system" was invented by Ying Chan (London).

According to the abstract* released by the U.S. Patent & Trademark Office: "A computer-implemented method for controlling an external process or system and allowing a modification of blockchain transaction outputs, the method comprising one or more steps to generate a blockchain transaction comprising at least one signed input which comprises a value and at least one modifiable output, extract one or more values from one or more signed inputs associated with one or more c...