ALEXANDRIA, Va., June 10 -- United States Patent no. 12,293,405, issued on May 6, was assigned to NIKE Inc. (Beaverton, Ore.).
"Event-based distribution of 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 event-based distribution of a cryptographically secured digital asset includes receiving, from a computing device associated with a user, an indication that the computing device is located at a predetermined venue within a predetermined window of time, receiving an indication that a conditional triggering ...