U.S. Patent 10824988 was awarded to NCR Corporation on November 03, 2020 and is entitled “Automated inventory management including blockchain smart contracting.” The first named inventor is Jamal Mohiuddin Mohammad of Karimnagar, . The abstract contains an overview of the patent disclosure:

Various embodiments each include at least one of systems, methods, software, and data structures for automated inventory management including blockchain smart contracting. One such embodiment in the form of a method includes maintaining a database of products available for purchase from vendors, receiving a data representation of a purchase request for a desired product from a buying entity, and finding a match between the purchase request and vendor of the desired product. This method may then generate a data representation of a contract between the buying entity and the vendor of the match followed by generating a hash of the data representation of the contract and adding the data representation of the contract and the generated hash to a blockchain data structure. A copy of the block chain data structure may then be stored and forwarded to at least each of the contracting parties. Link to Full Patent

This blockchain patent was originally filed on August 30, 2018  as U.S. Patent Application 16/117632 at the United Stated Patent and Trademark Office. The application was them awarded a patent grant and published as U.S. Patent 10824988. The primary examiner was Andrew Joseph Rudy.

NCR Corporation, who is the original assignee of this patent, has at least 4284 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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