
In 2014 Reggie Middleton Filed a Patent in Japan and was granted ownership, detailing a
"zero-trust value transfer system". As the Patent describes in detail,
"Between 2 parties with no or little trust relationship, there is no special technical knowledge of the underlying transfer mechanism for any distance. A device, system, and method that allows for the establishment of a value transfer contract, contingent on input from third parties or third party participation, and which can be enforced, and optionally can be substituted, replaced, revised, and the like. It is also possible to generate such a value transfer without involving exposure to the merchant risk and the expensive third party intermediaries that have heretofore been required."
In Dec 2021, the USA Patent office recognized Reggie Middleton with the issuance of
Patent Number US11196566
Veritasium (Veri) Token has once again started trading as this project springs back to life.
2022 could be full of interesting development as Veritasium seeks to enforce rights granted by this patent via collecting royalties owed by any and all Defi Token Chains using its technology.
More to come soon,...


