U.S. Patent 10523526 was awarded to Acronis International GmbH on December 31, 2019 and is entitled “System and method for managing services and licenses using a blockchain network.” The first named inventor is Serguei M. Beloussov of Costa Del Sol, . The abstract contains an overview of the patent disclosure:

A system and method provided for managing services and licenses using blockchain technology. An exemplary method includes storing an operator license relating to an operator node associated with a vendor, where the operator license indicates transactional authority of the operator node. Moreover, the method includes executing a transaction relating to a service and/or a license provided to client device; transmitting data relating to the operator license to a blockchain network in which a node in the blockchain network adds the data relating to the operator license as one or more blocks in an existing blockchain; and replicating the transaction to at least one additional node in the blockchain network. As a result, the existing blockchain can be used to verify the transaction authority of the operator node and the transaction between the client device and the operator node. Link to Full Patent

This blockchain patent was originally filed on December 28, 2016  as U.S. Patent Application 15/392728 at the United Stated Patent and Trademark Office. The application was them awarded a patent grant and published as U.S. Patent 10523526. The primary examiner was Adnan M Mirza.

Acronis International GmbH, who is the original assignee of this patent, has at least 119 total granted patents in the United States as of the date of this article. This blockchain patent has been cited 0 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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