ALEXANDRIA, Va., June 12 -- United States Patent no. 12,301,719, issued on May 13, was assigned to Rebate Assets LLC (Rockford, Ill.).

"Using 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 a transaction token representing a first pending transaction associated with a transaction item and establishing a set of required public benefit asset information for subsequent acquisition of a set of public benefit credit assets based on the first pending transaction. The method further includes identifying, using a securel...