ALEXANDRIA, Va., Aug. 12 -- United States Patent no. 12,386,807, issued on Aug. 12, was assigned to The Board of Trustees of the Leland Stanford Junior University (Stanford, Calif.) and Board of Trustees of Michigan State University (East Lansing, Mich.).

"System and method implementing a distributed audit trail" was invented by Gregory Falco (Stanford, Calif.) and Joshua Siegel (Novi, Mich.).

According to the abstract* released by the U.S. Patent & Trademark Office: "Various disclosed embodiments pertain to a distributed audit trail system for use in a connected system including: a master unit to control a first aspect of the connected system and to create a blockchain light client and a distributed hash table (DHT); a first node to cont...