Influential PAYPAL, INC. Blockchain Patent – Blockchain validation system – US10972255

U.S. Patent 10972255 was awarded to PAYPAL, INC. on April 06, 2021 and is entitled “Blockchain validation system.” The first named inventor is Frank Anthony Nuzzi of Pflugerville, TX. The abstract contains an overview of the patent disclosure:

Blockchain validation is provided by receiving a first validation request of a blockchain. A hashing algorithm is applied to a first block of the blockchain to generate a first hash value. In response to the first validation request of the blockchain, a first image from a plurality of images is provided on a display device. The first image is selected to be provided for display on the display device based on the first hash value. The first image may be compared to a second image that was provided for display on the display device prior to the first validation request and that image was provided based on a second hash value to determine whether the first image and the second image are substantially similar, which indicates that no changes have been made to the data in the blockchain. Link to Full Patent

This blockchain patent was originally filed on June 02, 2020  as U.S. Patent Application 16/890813 at the United Stated Patent and Trademark Office. The application was them awarded a patent grant and published as U.S. Patent 10972255. The primary examiner was Elisabeth Benoit Magloire.

PAYPAL, INC., who is the original assignee of this patent, has at least 1571 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.

Select IP monitors top patents and patents which have been allowed and granted worldwide. We are experts in patent law with experience blockchain technology and IP law and intellectual property law as it pertains to blockchain technology and cryptocurrency patents. If you are interested in connecting with an IP law attorney or patent law attorney, please contact us via the contact form.

Patentability Searches – Determine the patentability of your inventions.
Freedom to Operate Searches & Opinions – Identify patents may give you potential infringement issues (including in the recording, communication or information retrieval equipment field).
Non-Infringement Opinions – Determine if your product infringes a competitor’s patent.
Patent Invalidity Searches & Opinions – Find prior art to invalidate a competitor’s patent.
U.S. Provisional Patent Applications – Receive cost-effective “patent pending” status for your invention.
U.S. Non-Provisional Patent Applications (Utility) – Apply for patent protection on the structural and functional aspects of your invention.
U.S. Design Patent Applications – Apply for patent protection on the ornamental appearance of your invention.

Leave a Reply

Your email address will not be published. Required fields are marked *