U.S. Patent 10176481 was awarded to BESTON TECHNOLOGIES PTY LTD on January 08, 2019 and is entitled “Method and apparatus for managing and providing provenance of product using blockchain.” The first named inventor is Mohamed Alaa Aljawhari of South Australia, . The abstract contains an overview of the patent disclosure:

Described is a method for managing and providing provenance of a product using blockchain technology. There is disclosure of the association to the product of a unique product identifier as well as the optional association to the product of an anti-counterfeiting device also having a unique identifier as the product moves along the supply chain from its source phase, through the transformation phase and undergoes the transportation phase. There may be more than one product identifier or anti-counterfeiting device as the product is sometimes joined, sometimes partitioned and sometimes packaged. To manage and facilitate the generation and association of identifiers as the product moves along the supply chain there is a data memory device for storage of the unique identifier for the product and association by the server in the data memory device of the unique identifier for the product with the unique identifier of the anti-counterfeit device and other associations. The server is also adapted to receive and store in the data memory device one or more characteristics of the product existing or created as the product moves along the supply chain. Receipt by the processor of the unique identifier of a product or anti-counterfeit device with a query for the provenance of the product, makes available at least one characteristic associated with that product. The use of blockchain permits the creation of a block for each recorded characteristic and the retrieval of the record associated with a block and to verify that the recorded characteristic is the same as that retrieved from the block in the blockchain uniquely associated with the particular product. Link to Full Patent

This blockchain patent was originally filed on December 23, 2016  as U.S. Patent Application 15/389489 at the United Stated Patent and Trademark Office. The application was them awarded a patent grant and published as U.S. Patent 10176481. The primary examiner was Mark Blouin.

BESTON TECHNOLOGIES PTY LTD, who is the original assignee of this patent, has at least 2 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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