Invention Grant
- Patent Title: Tokenization platform
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Application No.: US17518989Application Date: 2021-11-04
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Publication No.: US12205093B2Publication Date: 2025-01-21
- Inventor: Jonathan Yantis , William Edward Quigley , Lukasz Jakub Sliwka
- Applicant: VERONA HOLDINGS SEZC
- Applicant Address: KY George Town
- Assignee: VERONA HOLDINGS SEZC
- Current Assignee: VERONA HOLDINGS SEZC
- Current Assignee Address: KY George Town
- Agency: RMCK Law Group, PLC
- Main IPC: G06F21/60
- IPC: G06F21/60 ; G06Q20/12 ; G06Q20/32 ; G06Q20/34 ; G06Q20/36 ; G06Q20/38 ; G06Q20/40 ; G06Q30/018

Abstract:
A system for generating a digital token that uniquely represents a real-world object is disclosed. The system includes a digital token generation system that generates a unique digital token having a set of digital attributes that correspond to a set of real-world object attributes of a real-world object and to generate a cryptographic link between the unique digital token generated by the cryptographic token generation system and a unique identifier for the unique unit of the real-world object, such that the unique digital token provides a unique digital representation of the unique unit of the real-world object. The system also includes a ledger update system configured to write the unique digital token to a blockchain, thereby facilitating transactions for the real-world object using the digital token, wherein the ledger update system updates a side chain of the blockchain with the unique digital token.
Public/Granted literature
- US20220058624A1 TOKENIZATION PLATFORM Public/Granted day:2022-02-24
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