U.S. Patent 11188910 was awarded to Advanced New Technologies Co., Ltd. on November 30, 2021 and is entitled “Blockchain-based reconciliation system, method, and apparatus and electronic device.” The first named inventor is Fanding Yang of Hangzhou, . The abstract contains an overview of the patent disclosure:

Methods, systems, and apparatus, including computer programs encoded on computer storage media, for blockchain-based reconciliation are provided. One of the methods includes: uploading, by a service-provider node, transaction information to the blockchain, wherein the transaction information comprises an identifier of a service-consumer node and information associated with a transaction fee; initializing, by the service-provider node, a settlement state of the transaction fee in a ledger of the service-provider node; obtaining, by the service-provider node, a settlement result of a transaction fee associated with the transaction information based on an identifier of the service-provider node in the settlement result, wherein the settlement result is uploaded by the service-consumer node; and updating, by the service-provider node, the settlement state in the ledger of the service-provider node based on the settlement result upon confirming the settlement result. Link to Full Patent

This blockchain patent was originally filed on May 15, 2020  as U.S. Patent Application 16/875913 at the United Stated Patent and Trademark Office. The application was them awarded a patent grant and published as U.S. Patent 11188910. The primary examiner was Jacob C. Coppola.

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.

Select IP monitors top patents and patents which have been allowed and granted worldwide. We are experts in patent law with experience blockchain technology and IP law and intellectual property law as it pertains to blockchain technology and cryptocurrency patents. If you are interested in connecting with an IP law attorney or patent law attorney, please contact us via the contact form.

Patentability Searches – Determine the patentability of your inventions.
Freedom to Operate Searches & Opinions – Identify patents may give you potential infringement issues (including in the recording, communication or information retrieval equipment field).
Non-Infringement Opinions – Determine if your product infringes a competitor’s patent.
Patent Invalidity Searches & Opinions – Find prior art to invalidate a competitor’s patent.
U.S. Provisional Patent Applications – Receive cost-effective “patent pending” status for your invention.
U.S. Non-Provisional Patent Applications (Utility) – Apply for patent protection on the structural and functional aspects of your invention.
U.S. Design Patent Applications – Apply for patent protection on the ornamental appearance of your invention.