U.S. Patent 10677886 was awarded to LocatorX, Inc. on June 09, 2020 and is entitled “Mini blockchain in a chip device and methods of utilization.” The first named inventor is William D. Meadow of Jacksonville, FL. The abstract contains an overview of the patent disclosure:

The present disclosure relates to methods and apparatus for creating a Definable Blockchain in a Chip along with other components that can receive process and communicate information to enable locating, identifying, and tracking physical Assets and data contained within the Assets. More specifically, the present disclosure presents a Definable Blockchain in a Chip that can be inserted into product labels or packaging which can communicate via Bluetooth with a Smartphone or other Authenticated Radio Source to update the Definable Blockchain with a validated transaction and then optionally provide that information to a Cloud. Link to Full Patent

This blockchain patent was originally filed on August 08, 2018  as U.S. Patent Application 16/058786 at the United Stated Patent and Trademark Office. The application was them awarded a patent grant and published as U.S. Patent 10677886. The primary examiner was Ahshik Kim.

LocatorX, Inc., who is the original assignee of this patent, has at least 10 total granted patents in the United States as of the date of this article. This blockchain patent has been cited 2 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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