Influential ACCENTURE GLOBAL SOLUTIONS LIMITED Blockchain Patent – Shielded interoperability of distributed ledgers – US11075757

U.S. Patent 11075757 was awarded to ACCENTURE GLOBAL SOLUTIONS LIMITED on July 27, 2021 and is entitled “Shielded interoperability of distributed ledgers.” The first named inventor is Luca Schiatti of Juan les Pins, . The abstract contains an overview of the patent disclosure:

A system may receive a request to perform a token exchange between a first account and a second account. A selected token for the token exchange may be associated with the first account. A hash of the selected token may be stored on a furnisher blockchain of a first distributed ledger. The system may generate a new token and a hash of the new token. The system may generate a shielded exchange instruction, the shielded exchange instruction comprising the hash of the new token and a zero-knowledge proof, wherein the zero-knowledge proof is indicative of the selected token being associated with the first account. The system may submit the shielded exchange instruction to a distributed ledger technology platform to cause execution of a furnisher smart contract and a receiver smart contract. Each of the smart contracts are configured to separately verify the zero-knowledge proof and update corresponding blockchains to consummate and record the token exchange. Link to Full Patent

This blockchain patent was originally filed on April 12, 2019  as U.S. Patent Application 16/383066 at the United Stated Patent and Trademark Office. The application was them awarded a patent grant and published as U.S. Patent 11075757. The primary examiner was Meng Li.

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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