U.S. Patent 10657607 was awarded to ADP, LLC on May 19, 2020 and is entitled “Implementation of payroll smart contract on a distributed ledger.” The first named inventor is Anna Linne of Mendham, NJ. The abstract contains an overview of the patent disclosure:

A method of increasing security and accessibility of data on a computer using a blockchain. A first smart contract is stored on the blockchain. The blockchain prevents alterations to the first smart contract. The first smart contract contains a redirection clause. The first smart contract contains a second clause to pay first wages to an employee upon receipt of a trigger event. A modification to the first smart contract is stored as a second smart contract on the blockchain prior to executing the instructions to pay the wages. The second smart contract contains a clause to pay second wages to the employee. The blockchain prevents any alterations to the second smart contract. Responsive to a trigger event, the first smart contract is executed, including executing the redirection clause prior to executing the second clause. Thereafter the second smart contract is executed and the second wages are directed be paid. Link to Full Patent

This blockchain patent was originally filed on May 06, 2017  as U.S. Patent Application 15/588607 at the United Stated Patent and Trademark Office. The application was them awarded a patent grant and published as U.S. Patent 10657607. The primary examiner was Talia F Crawley.

ADP, LLC, who is the original assignee of this patent, has at least 323 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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