US Patent Issued to Rebate Assets on June 10 for "Utilizing a public benefit assets secure token" (Illinois Inventors)

ALEXANDRIA, Va., June 18 -- United States Patent no. 12,327,246, issued on June 10, was assigned to Rebate Assets LLC (Rockford, Ill.).

"Utilizing 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 obtaining control over a transaction token representing a first pending transaction associated with a transaction item. The method further includes selecting a set of selected public benefit credit assets from a group of candidate public benefit credit assets based on an identity of the transaction item and an associated credit lev...