U.S. Patent 11050551 was awarded to ACCENTURE GLOBAL SOLUTIONS LIMITED on June 29, 2021 and is entitled “Secure verification of conditions of a contract using a set of verification tools.” The first named inventor is Ian Gray of Braunton, . The abstract contains an overview of the patent disclosure:
A device may receive a request for a contract associated with a project. The request may include a blockchain identifier for an organization associated with the project and a set of project requirements for the project. The device may generate the contract using information included in the request. The contract may include one or more conditions that are associated with the set of project requirements. The device may create one or more blocks in a blockchain using the one or more conditions of the contract and the blockchain identifier. The device may receive multimedia data associated with completion of a phase of the project. The device may verify whether the phase of the project is complete using metadata associated with the multimedia data. The device may perform one or more actions based on verifying whether the phase of the project is complete. Link to Full Patent
This blockchain patent was originally filed on October 09, 2019 as U.S. Patent Application 16/597099 at the United Stated Patent and Trademark Office. The application was them awarded a patent grant and published as U.S. Patent 11050551. The primary examiner was Sher A Khan.
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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