U.S. Patent 10915874 was awarded to Loyyal Corporation on February 09, 2021 and is entitled “System and process for tokenization of digital media.” The first named inventor is Gregory Simon of Beaufort, NC. The abstract contains an overview of the patent disclosure:

A system and process for converting a digital media file into a digital token is disclosed. The embodiments modify a digital media file so that a set of rules are attached to the digital media file creating a digital token, which can be used to persist the digital media file through a network. In an exemplary embodiment, the network is a distributed ledger or blockchain based network that securely tracks distribution of the digital media file. The digital token may have a value added to it or value may intrinsically exist as the digital token is persisted through the network. The value associated with distribution of the digital media file may be used to reward the owner of the digital media file, distributors of the token, or as an incentive program for commercial transactions and non-commercial transactions. Link to Full Patent

This blockchain patent was originally filed on January 09, 2017  as U.S. Patent Application 15/402209 at the United Stated Patent and Trademark Office. The application was them awarded a patent grant and published as U.S. Patent 10915874. The primary examiner was Michael R Vaughan.

Loyyal Corporation, who is the original assignee of this patent, has at least 1 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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