ALEXANDRIA, Va., July 16 -- United States Patent no. 12,361,019, issued on July 15, was assigned to Sequoia Games Inc. (Yorba Linda, Calif.).
"Systems and methods for distributed entity tracking" was invented by Daniel Choi (Yorba Linda, Calif.).
According to the abstract* released by the U.S. Patent & Trademark Office: "In some aspects, the disclosure is directed to methods and systems for secure and authenticated tracking of entity possession via a lightweight centralized or distributed ledger. Ownership records of different entities may be recorded on an immutable ledger such that provenance of the entities is verifiable and a user cannot create or counterfeit an entity. In some implementations, the system may store metadata of entitie...