Influential Innoplexus AG Blockchain Patent – System and method for blockchain-based secure data processing – US10628450

U.S. Patent 10628450 was awarded to Innoplexus AG on April 21, 2020 and is entitled “System and method for blockchain-based secure data processing.” The first named inventor is Abhijit Keskar of Pune, . The abstract contains an overview of the patent disclosure:

Disclosed herein is a system and method for secure remote data processing between two or more entities over a blockchain. The invention provides for processing of data records within a data structure repository of a smart contract hosted on a blockchain, thereby eliminating the need to transfer the data records to one another, by the entities. The processing is secure and the data records are deleted once the processing is complete. Link to Full Patent

This blockchain patent was originally filed on July 30, 2019  as U.S. Patent Application 16/526175 at the United Stated Patent and Trademark Office. The application was them awarded a patent grant and published as U.S. Patent 10628450. The primary examiner was Joshua Bullock.

Innoplexus AG, who is the original assignee of this patent, has at least 38 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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