Influential Omnichain Solutions Inc. Blockchain Patent – Blockchain-based system for efficient storage and retrieval of disparate supply-side transaction information – US10902419

U.S. Patent 10902419 was awarded to Omnichain Solutions Inc. on January 26, 2021 and is entitled “Blockchain-based system for efficient storage and retrieval of disparate supply-side transaction information.” The first named inventor is Pratik Soni of Porter Ranch, CA. The abstract contains an overview of the patent disclosure:

Systems and methods for a blockchain-based system for efficient storage and retrieval of disparate supply-side transaction information. An example embodiment includes features to receive a transaction from a provider system; aggregate the received transaction with a plurality of other transactions, wherein each transaction is encrypted; generate one or more hashes associated with the aggregated transactions, and broadcast the generated hashes onto a blockchain of a blockchain network; store the encrypted transactions and generated hashes, wherein the computer system is configured to respond to a search request received from a user, and wherein the computer system is further configured to validate stored transactions which are responsive to the search request via comparison to the generated hashes on the blockchain. Link to Full Patent

This blockchain patent was originally filed on February 24, 2020  as U.S. Patent Application 16/798779 at the United Stated Patent and Trademark Office. The application was them awarded a patent grant and published as U.S. Patent 10902419. The primary examiner was Neha Patel.

Omnichain Solutions Inc., 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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