US Patent Issued to Wells Fargo Bank on Sept. 23 for "Systems and methods for issuing blockchain tokens for property rights" (Indian, American Inventors)

ALEXANDRIA, Va., Sept. 23 -- United States Patent no. 12,423,691, issued on Sept. 23, was assigned to Wells Fargo Bank N.A. (San Francisco).

"Systems and methods for issuing blockchain tokens for property rights" was invented by Shuvam Sengupta (Kolkata, India), Ramesh Babu Sarvesetty (Bangalore, India), Rameshchandra Bhaskar Ketharaju (Hyderabad, India), John Penacerrada (Brentwood, Calif.) and Maxwell Williams (San Francisco).

According to the abstract* released by the U.S. Patent & Trademark Office: "Systems, methods, and computer program products are disclosed for issuing one or more blockchain tokens for property rights. An example method includes receiving an indication of user input including attributes of a property and, and gener...