Influential ACCENTURE GLOBAL SOLUTIONS LIMITED Blockchain Patent – Blockchain interoperability – US10298585

U.S. Patent 10298585 was awarded to ACCENTURE GLOBAL SOLUTIONS LIMITED on May 21, 2019 and is entitled “Blockchain interoperability.” The first named inventor is David Treat of Ridgefield, CT. The abstract contains an overview of the patent disclosure:

A system supports asset transfers among blockchains of differing distributed ledger technologies using interop circuitry. The interop circuitry may receive asset permissions from origin and target participant circuitry. The asset permissions may support transfer of an asset from an origin blockchain to a target blockchain. The interop circuitry, acting on behalf of the origin and target participant circuitry, locks an asset on the origin blockchain. Then the interop circuitry creates the asset on the target blockchain. The locking of the asset on the origin blockchain may prevent a double-expend opportunity, where the asset can be redeemed on the origin blockchain and on the target blockchain. Link to Full Patent

This blockchain patent was originally filed on January 23, 2019  as U.S. Patent Application 16/255167 at the United Stated Patent and Trademark Office. The application was them awarded a patent grant and published as U.S. Patent 10298585. The primary examiner was Samson B Lemma.

ACCENTURE GLOBAL SOLUTIONS LIMITED, who is the original assignee of this patent, has at least 2272 total granted patents in the United States as of the date of this article. This blockchain patent has been cited 10 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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