Influential Acronis International GmbH Blockchain Patent – System and method for publication of private data using a blockchain network – US10951394

U.S. Patent 10951394 was awarded to Acronis International GmbH on March 16, 2021 and is entitled “System and method for publication of private data using a blockchain network.” The first named inventor is Serguei M. Beloussov of Costa Del Sol, . The abstract contains an overview of the patent disclosure:

A system and method for encrypting and publishing data using blockchain technology is provided. An exemplary method includes receiving, by one or more nodes of a distributed network that maintains a blockchain, a message requesting publication of private information within the blockchain subsequent to a specified time interval. Moreover, the method includes recording a sequence of transactions in the blockchain based on the time interval, wherein each transaction in the sequence of transactions includes a payload calculated using a first homomorphic operation; and extracting the private information from a final payload of a final transaction in the sequence of transactions from the blockchain. Link to Full Patent

This blockchain patent was originally filed on August 15, 2018  as U.S. Patent Application 15/998403 at the United Stated Patent and Trademark Office. The application was them awarded a patent grant and published as U.S. Patent 10951394. The assistant examiner was Thong P Truong.

Acronis International GmbH, who is the original assignee of this patent, has at least 119 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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