Microsoft Received a Patent To Create Token

Microsoft received a patent to create the token. The company managed to get permission for the software.

Microsoft, one of the largest software and technology companies in the USA and the world, received a registration certificate from the US Patent and Trademark Office for a software that will allow users to create tokens. The software will allow the created tokens to be managed in different networks without being tied to a certain chain. In the registry, creating and managing the token is difficult due to the lack of standardization across different blockchains. But Microsoft's patent will allow users to create tokens and manage them on different networks with a ledger-independent system. The system will start working with a request from a user. After various templates with some functions and features are presented to the user, the user will choose one of them and the token will be created in the specified network. The templates offered to the user can vary depending on the type of token requested and the digital or physical asset it represents. The system also offers an interface service for controlling tokens. This way, developers won't have to worry about token-specific encoding.