ALEXANDRIA, Va., June 5 -- United States Patent no. 12,277,571, issued on April 15, was assigned to SigmaLedger Inc. (Jersey City, N.J.).

"System and method including a distributed ledger data structure for authenticating and clearing coupons" was invented by Kishore Karuppan (Hamilton, Ohio), Michael T. Loyson (Fort Thomas, Ky.) and Curtis Jackson (Cincinnati).

According to the abstract* released by the U.S. Patent & Trademark Office: "System of authenticating and clearing coupons including a central platform accessible by retailer computer system(s) and manufacturer computer system(s), where the central platform contains coupon authentication table(s) updated by the manufacturer computer system(s) and accessible by the retailer computer...