US Patent Issued to Shopify on Dec. 2 for "Systems and methods for blockchain network congestion-adaptive digital asset event handling" (Canadian Inventor)

ALEXANDRIA, Va., Dec. 2 -- United States Patent no. 12,488,344, issued on Dec. 2, was assigned to Shopify Inc. (Ottawa).

"Systems and methods for blockchain network congestion-adaptive digital asset event handling" was invented by John Jong-Suk Lee (Waterloo, Canada).

According to the abstract* released by the U.S. Patent & Trademark Office: "A computer-implemented method and system for blockchain network congestion-adaptive handling of events relating to digital assets, including creation and transfer operations. A congestion metric is measured to determine current congestion of the blockchain network. If below a first threshold level, then digital asset request are implemented using blockchain transactions at layer 1 as they are receive...