U.S. Patent 11038685 was awarded to Turing Technology, Inc. on June 15, 2021 and is entitled “Correcting blockchain transactions with cryptocurrency type mistakes.” The first named inventor is Stewart MacGregor Dennis of Redwood City, CA. The abstract contains an overview of the patent disclosure:

Systems and techniques are provided for blockchain transactions where tokens of a first token type are transferred to a blockchain address of the second token type, the first token type being different than the second token type. In a specific implementation, a token exchange system receives blockchain blocks from one or more blockchain networks. The token exchange system identifies a wrong token type blockchain transaction in the blockchain blocks where the wrong token type blockchain transaction transfers tokens of the first token type to a blockchain address associated with the second token type. The token exchange system executes a fix token type blockchain transaction to correct the wrong token type blockchain transaction. Link to Full Patent

This blockchain patent was originally filed on March 22, 2019  as U.S. Patent Application 16/362169 at the United Stated Patent and Trademark Office. The application was them awarded a patent grant and published as U.S. Patent 11038685. The primary examiner was J. Brant Murphy.

Turing Technology, Inc., who is the original assignee of this patent, has at least 9 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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