US Patent Issued to Rebate Assets on April 22 for "Identifying a public benefit assets secure token" (Illinois Inventors)

ALEXANDRIA, Va., June 6 -- United States Patent no. 12,282,952, issued on April 22, was assigned to Rebate Assets LLC (Rockford, Ill.).

"Identifying a public benefit assets secure token" was invented by Peter M. Shannon III (Western Springs, Ill.) and Gary W. Grube (Barrington Hills, Ill.).

According to the abstract* released by the U.S. Patent & Trademark Office: "A method executed by a computing entity includes identifying, using a securely passing process and based on at least one of a public benefit project type and a public benefit project geographic location of selection criteria for a set of public benefit credit assets, a secure first token on an object distributed ledger representing the set of public benefit credit assets. The m...