U.S. Patent 11087372 was awarded to Advanced New Technologies Co., Ltd. on August 10, 2021 and is entitled “Benefit allocation method, apparatus, and electronic device.” The first named inventor is Xuming Lu of Hangzhou, . The abstract contains an overview of the patent disclosure:

A computer-implemented method includes receiving a participation request from a participant requesting a blockchain resource; invoking a first smart contract that generates a random character sequence for the participant, the generated random character sequence satisfying a predetermined rule; publishing the random character sequence and identity information of the corresponding participant on a blockchain in a manner that identifies the correspondence; and invoking a second smart contract for allocating a benefit certificate corresponding to the blockchain resource to the participant, wherein the second smart contract is used to: obtain a target character sequence satisfying the predetermined rule that is generated later than the generation of the random character sequence and published on the blockchain; and allocate a first benefit certificate to the participant when the random character sequence matches the target character sequence; and publishing a matching result between the random character sequence and the target character sequence on the blockchain. Link to Full Patent

This blockchain patent was originally filed on October 27, 2020  as U.S. Patent Application 17/081702 at the United Stated Patent and Trademark Office. The application was them awarded a patent grant and published as U.S. Patent 11087372. The assistant examiner was Dennis G Keritsis.

Advanced New Technologies Co., Ltd., who is the original assignee of this patent, has at least 1031 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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