ALEXANDRIA, Va., July 16 -- United States Patent no. 12,361,368, issued on July 15, was assigned to SECRO INC. (Wilmington, Del.).

"System for international goods and commodities trading and management and related methods" was invented by Michele Sancricca (Charleston, S.C.), Piotr Cichocki (Szczecin, Poland), Luke Francis Zadkovich (London) and Edward William Floyd (New York).

According to the abstract* released by the U.S. Patent & Trademark Office: "A system and related methods for executing and managing international trades, particularly in goods and commodities, makes use of blockchain- or other security-based architecture. The system architecture is able to be implemented so as to be compliant with regulations and regulatory authori...