U.S. Patent 10924363 was awarded to THE CURATORS OF THE UNIVERSITY OF MISSOURI on February 16, 2021 and is entitled “Method and system for secure resource management utilizing blockchain and smart contracts.” The first named inventor is Jianyu Wang of Guangdong, . The abstract contains an overview of the patent disclosure:

This disclosure relates to a resource management system of a computing network. The design of the resource management system is an edge-Internet of Things (IoT) framework based on blockchain and smart contracts. The resource management system integrates a permissioned blockchain to link the edge cloud resources with each account for an IoT device, resource usage, and behavior of the IoT device. The resource management system uses credit-based resource management to control the resource of the IoT device that can be obtained from the edge server. Smart contracts are used to regulate behavior of the IoT device and enforce policies. Link to Full Patent

This blockchain patent was originally filed on April 12, 2019  as U.S. Patent Application 16/383291 at the United Stated Patent and Trademark Office. The application was them awarded a patent grant and published as U.S. Patent 10924363. The primary examiner was Normin Abedin.

THE CURATORS OF THE UNIVERSITY OF MISSOURI, who is the original assignee of this patent, has at least 747 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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