ALEXANDRIA, Va., July 16 -- United States Patent no. 12,361,015, issued on July 15, was assigned to Verizon Patent and Licensing Inc. (Basking Ridge, N.J.).

"Systems and methods for on-demand distributed ledger establishment" was invented by Ahmed A. Khan (Plano, Texas), Khaliq Raza (Wesley Chapel, Fla.), Donna L. Rodela (Colorado Springs, Colo.), Nityanand Sharma (Tampa, Fla.), Syed R. Noor (Chantilly, Va.), Abubakar Syed (Tampa, Fla.), Jeaha Yang (Darien, Conn.), Andrew Buford (Columbus, Ohio) and Rangesh Sripathi (Chennai, India).

According to the abstract* released by the U.S. Patent & Trademark Office: "A system described herein may receive a distributed ledger creation request that specifies a quantity of nodes. The system may provi...