Dragonchain awarded patent for blockchain-powered loyalty system42

Dragonchain, an enterprise blockchain-as-a-service provider originally developed out of a Disney technology incubator, was awarded a patent for a loyalty system that tracks and monetizes time on the blockchain, according to documents published by the U.S. Patent and Trademark Office (USPTO).

The patent, titled security systems and methods based on cryptographic utility token inventory tenure, describes a new method for creating time-based value systems on a blockchain. The patent is a continuation of an application filed in November of 2018.

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