U.S. Patent 10963854 was awarded to Advanced New Technologies Co., Ltd. on March 30, 2021 and is entitled “Blockchain-based electronic bill reimbursement method, apparatus, and electronic device.” The first named inventor is Yu Chu of Hangzhou, . The abstract contains an overview of the patent disclosure:

One or more implementations of the present specification provide a blockchain-based electronic bill reimbursement method, apparatus, and an electronic device. The blockchain stores electronic bills. The method includes determining whether a maintained target electronic bill is in an unreimbursed state in response to detecting a reimbursement transaction broadcasted by a reimbursement initiator for the target electronic bill to the blockchain; if the target electronic bill is in the unreimbursed state, updating the target electronic bill from the unreimbursed state to a reimbursement lock state; instructing a reimbursement acceptor to perform reimbursement processing on the target electronic bill; determining whether a reimbursement result corresponding to the target electronic bill is broadcasted by the reimbursement acceptor to the blockchain; and if the reimbursement result is detected, updating the target electronic bill from the reimbursement lock state to a reimbursed state. Link to Full Patent

This blockchain patent was originally filed on January 31, 2020  as U.S. Patent Application 16/779173 at the United Stated Patent and Trademark Office. The application was them awarded a patent grant and published as U.S. Patent 10963854. The assistant examiner was Christopher R Buchanan.

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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