Influential Coral Protocol Blockchain Patent – Blockchain transaction safety – US10853812

U.S. Patent 10853812 was awarded to Coral Protocol on December 01, 2020 and is entitled “Blockchain transaction safety.” The first named inventor is Malcolm Garland of San Francisco, CA. The abstract contains an overview of the patent disclosure:

A method includes acquiring blockchain data that includes transactions between a plurality of blockchain addresses. The method includes labeling a set of the blockchain addresses as fraudulent and generating a graph data structure based on the blockchain data. The method includes calculating a set of scoring features for each blockchain address, where each set of scoring features includes a graph-based scoring feature. Calculating the graph-based scoring feature includes calculating a number of transactions associated with the blockchain address in the graph data structure. The method includes generating a scoring model using sets of scoring features for the blockchain addresses that are labeled as fraudulent and generating a trust score for each blockchain address using the scoring features and the scoring model. The trust score indicates a likelihood that the blockchain address is involved in fraudulent activity. Additionally, the method includes sending a requested trust score to a requesting device. Link to Full Patent

This blockchain patent was originally filed on March 07, 2019  as U.S. Patent Application 16/295153 at the United Stated Patent and Trademark Office. The application was them awarded a patent grant and published as U.S. Patent 10853812. The primary examiner was I Jung Liu.

Coral Protocol, who is the original assignee of this patent, has at least 1 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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