US Patent Issued to NIKE on April 22 for "System and method for providing cryptographically secured digital assets" (Oregon Inventors)

ALEXANDRIA, Va., June 6 -- United States Patent no. 12,284,274, issued on April 22, was assigned to NIKE Inc. (Beaverton, Ore.).

"System and method for providing cryptographically secured digital assets" was invented by Christopher Andon (Portland, Ore.), Matthew Davis (Portland, Ore.), Hien Tommy Pham (Beaverton, Ore.) and Jeremy Schroeder (Tigard, Ore.).

According to the abstract* released by the U.S. Patent & Trademark Office: "A method of distributing a real-life product version of a cryptographic digital asset includes modifying an attribute of the cryptographic digital asset based on a received input, the cryptographic digital asset being registered on a distributed blockchain ledger and including a plurality of attributes with at l...