ALEXANDRIA, Va., June 17 -- United States Patent no. 12,314,963, issued on May 27, was assigned to SecureTap LLC (Sheridan, Wyo.).

"System, method and process for product authentication and verification" was invented by Richard Hudec (Naples, Fla.) and Davin Young (Fort Myers, Fla.).

According to the abstract* released by the U.S. Patent & Trademark Office: "A system, method and process for product authentication and verification using Near Field Communication (NFC) technology, blockchain technology (Hyperledger), and cryptography. A unique product identifier is generated for a unique individual product, incorporated into a data structure, and the data structure is recorded to a blockchain initiating an immutable record for the unique pro...