U.S. Patent 10984417 was awarded to Advanced New Technologies Co., Ltd. on April 20, 2021 and is entitled “Blockchain-based data synchronization system, method, apparatus, and electronic device.” The first named inventor is Shiyu Wang of Xi’an, . The abstract contains an overview of the patent disclosure:

Methods, systems, and apparatus, including computer programs encoded on computer storage media, for blockchain-based data synchronization are provided. One of the methods includes: receiving, a transaction order created based on a transaction record; storing, the transaction order in association with the blockchain upon confirming the transaction order; receiving, a payment order created based on a payment record; storing, the payment order in association with the blockchain upon confirming the payment order; receiving, a fund transfer corresponding to the payment order; verifying, an amount of the fund transfer is consistent with the amount paid by the payer to the payee through the payment node; performing, a split-settlement operation on the payee based on the amount paid by the payer to the payee through the payment node; creating, a split-settlement record based on the split-settlement operation; and uploading, the split-settlement record for confirmation by the transaction node and the payment node. Link to Full Patent

This blockchain patent was originally filed on May 18, 2020  as U.S. Patent Application 16/877362 at the United Stated Patent and Trademark Office. The application was them awarded a patent grant and published as U.S. Patent 10984417. The primary examiner was Johann Y Choo.

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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