U.S. Patent 10713722 was awarded to EQUITY SHIFT, INC. on July 14, 2020 and is entitled “Blockchain instrument for transferable equity.” The first named inventor is Joseph W. Forbes, Jr. of Raleigh, NC. The abstract contains an overview of the patent disclosure:
Systems and methods for offering and purchasing tokenized securities on a blockchain platform meeting current and future federal, state, and offering and holding entity rules and regulations. Tokenized securities purchased during or after the tokenized securities offering are tradable on a secondary market. The server computer of the tokenized securities provides an automated transfer capability for tokenized securities holders. Link to Full Patent
This blockchain patent was originally filed on February 08, 2019 as U.S. Patent Application 16/271447 at the United Stated Patent and Trademark Office. The application was them awarded a patent grant and published as U.S. Patent 10713722. The primary examiner was Abhishek Vyas.
EQUITY SHIFT, INC., who is the original assignee of this patent, has at least 4 total granted patents in the United States as of the date of this article. This blockchain patent has been cited 0 times by other U.S. patents according to our law firm research, and can be considered an innovative patent in the field of cryptocurrency and blockchain.
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