Patents Assigned to LITH LLC
  • Patent number: 12387199
    Abstract: Certain aspects of the present disclosure provide techniques for generating digital tokens associated with an asset on a blockchain. An example method generally includes receiving a request to create a digital token corresponding to an asset. A first private key is received. This first private key may be associated with a wallet in which the digital token is to be stored. A second private key is received from a physical device associated with an owner of the asset. An address of the asset is encrypted with a public key associated with the second private key. Metadata associated with the digital token is encrypted with a public key associated with the first private key. The digital token is minted on a blockchain based on the encrypted address of the asset and the encrypted metadata.
    Type: Grant
    Filed: February 10, 2023
    Date of Patent: August 12, 2025
    Assignee: LITH LLC
    Inventors: Andrew Rymer, Adam Roorda, Ronald Steelman