US Patent Issued to STRONG FORCE VCN PORTFOLIO 2019 on Sept. 16 for "Autonomous contingency-responsive smart contract configuration system" (Massachusetts, Michigan Inventors)

ALEXANDRIA, Va., Sept. 17 -- United States Patent no. 12,417,464, issued on Sept. 16, was assigned to STRONG FORCE VCN PORTFOLIO 2019 LLC (Fort Lauderdale, Fla.).

"Autonomous contingency-responsive smart contract configuration system" was invented by Charles Howard Cella (Pembroke, Mass.) and Andrew S. Locke (Farmington, Mich.).

According to the abstract* released by the U.S. Patent & Trademark Office: "A system for managing future costs associated with a product includes a future requirement system programmed to estimate an amount of resources required for manufacturing, distributing, and selling the product at a future point in time. The system includes an adverse contingency system configured to identify adverse contingencies and calcu...