Influential ACCENTURE GLOBAL SOLUTIONS LIMITED Blockchain Patent – Distributed ledger technology for freight system – US11037095

U.S. Patent 11037095 was awarded to ACCENTURE GLOBAL SOLUTIONS LIMITED on June 15, 2021 and is entitled “Distributed ledger technology for freight system.” The first named inventor is Tricia Assar Agrawal of Houston, TX. The abstract contains an overview of the patent disclosure:

A system may receive a tracking update created by a tracking device. The tracking update comprising geographic location information indicative of a current geographic location of the tracking device. The system may identify, in a blockchain, a smart contract including executable logic configured to calculate a tracking metric. The system may determine, using the executable logic, the tracking metric in response to receipt of the tracking update. The system may append a datablock to the blockchain. The datablock may include the tracking metric and the geographic location information. The system may synchronize the blockchain with a plurality of blockchains stored in blockchain databases. Link to Full Patent

This blockchain patent was originally filed on November 15, 2017  as U.S. Patent Application 15/813969 at the United Stated Patent and Trademark Office. The application was them awarded a patent grant and published as U.S. Patent 11037095. The primary examiner was Emmett K. Walsh.

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 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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