U.S. Patent 11023981 was awarded to Advanced New Technologies Co., Ltd. on June 01, 2021 and is entitled “Blockchain-based commodity claim method and apparatus, and electronic device.” The first named inventor is Danqing Hu of Hangzhou, . The abstract contains an overview of the patent disclosure:

Appearance data associated with a target commodity is collected by a blockchain node device, where original appearance data associated with the target commodity is registered with a distributed database associated with a blockchain in advance. Whether a damage event occurs on the target commodity is determined by the blockchain node device based on the appearance data and the original appearance data. In response to a determination that the damage event occurs on the target commodity, a smart contract corresponding to the target commodity is invoked by the blockchain node device. Commodity damage claim logic stated in the smart contract is executed by the blockchain node device to complete a commodity damage claim for the target commodity. Link to Full Patent

This blockchain patent was originally filed on July 30, 2020  as U.S. Patent Application 16/943970 at the United Stated Patent and Trademark Office. The application was them awarded a patent grant and published as U.S. Patent 11023981. The primary examiner was Sara C Hamilton.

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 1 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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