Influential AMERICAN EXPRESS TRAVEL RELATED SERVICES COMPANY, INC. Blockchain Patent – Messaging balancing and control on blockchain – US10567320

U.S. Patent 10567320 was awarded to AMERICAN EXPRESS TRAVEL RELATED SERVICES COMPANY, INC. on February 18, 2020 and is entitled “Messaging balancing and control on blockchain.” The first named inventor is Shyamala Chalakudi of Phoenix, AZ. The abstract contains an overview of the patent disclosure:

A messaging balancing and control (B&C) system is disclosed. The system configured to handle message transfers having different message exchange patterns, including: in-only exchange patterns, out-only exchange patterns, in-optional-out exchange patterns, out-optional-in exchange patterns, robust in-only exchange patterns, and robust out-only exchange patterns. The system may write a message transfer confirmation in response to a message transfer between a consumer system and a provider system, with the confirmation including at least a first hash of the message. The system may also write a message acknowledgement to the blockchain with the acknowledgement including at least a second hash of the message. The blockchain may execute a smart contract to compare the first hash of the message to the second hash of the message to identify an out-of-balance message transfer event. A monitoring device of the system may read the out-of-balance message transfer event from the blockchain. Link to Full Patent

This blockchain patent was originally filed on October 17, 2017  as U.S. Patent Application 15/785843 at the United Stated Patent and Trademark Office. The application was them awarded a patent grant and published as U.S. Patent 10567320. The primary examiner was Phyllis A Book.

AMERICAN EXPRESS TRAVEL RELATED SERVICES COMPANY, INC., who is the original assignee of this patent, has at least 1156 total granted patents in the United States as of the date of this article. This blockchain patent has been cited 1 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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