U.S. Patent 11120517 was awarded to Advanced New Technologies Co., Ltd. on September 14, 2021 and is entitled “Blockchain-based dispute resolution.” The first named inventor is Zhiguo Li of Hangzhou, . The abstract contains an overview of the patent disclosure:

Disclosed herein are methods, systems, and apparatus, including computer programs encoded on computer storage media. One method includes: at a blockchain-based application, receiving a request for resolving a dispute between at least a first party and a second party. A time that the request is received on the blockchain is recorded. One or more potential dispute resolutions is received from one or more dispute resolution providers that are registered on the blockchain-based application. A first selection is received from the first party and a second selection from the second party. At least one of (i) at least one common potential dispute resolution between the first set of the one or more potential dispute resolutions and the second set of the one or more potential dispute resolutions, or (ii) that none of the potential dispute resolutions are acceptable to the first and second parties is determined. Link to Full Patent

This blockchain patent was originally filed on December 13, 2019  as U.S. Patent Application 16/714136 at the United Stated Patent and Trademark Office. The application was them awarded a patent grant and published as U.S. Patent 11120517. The primary examiner was Richard W. Crandall.

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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