Influential ORACLE FINANCIAL SERVICES SOFTWARE LIMITED Blockchain Patent – Computerized transaction management module for blockchain networks – US10592993

U.S. Patent 10592993 was awarded to ORACLE FINANCIAL SERVICES SOFTWARE LIMITED on March 17, 2020 and is entitled “Computerized transaction management module for blockchain networks.” The first named inventor is Mahendran Muthu PANDIAN of Bangalore, . The abstract contains an overview of the patent disclosure:

Systems, methods, and other embodiments associated with managing transactions communicated over a blockchain network are described. In one embodiment, a method includes maintaining a static maintenance table of hardcoded properties of a first entity. The example method may also include maintaining a parent transaction table comprising columns of data that are updated less than threshold frequency. The example method may also include maintaining a child transaction table comprising columns of data that are updated greater than the threshold frequency. The example method may also include receiving a transaction to communicate over the blockchain network, and validating the transaction using the hardcoded properties. The example method may also include populating values into the parent transaction table and the child transaction table, and using such tables to facilitate the communication of the transaction over the blockchain network. Link to Full Patent

This blockchain patent was originally filed on March 19, 2018  as U.S. Patent Application 15/924784 at the United Stated Patent and Trademark Office. The application was them awarded a patent grant and published as U.S. Patent 10592993. The primary examiner was Syed H Hasan.

ORACLE FINANCIAL SERVICES SOFTWARE LIMITED, who is the original assignee of this patent, has at least 23 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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