Influential Advanced New Technologies Co., Ltd. Blockchain Patent – Data processing method and apparatus – US10931684

U.S. Patent 10931684 was awarded to Advanced New Technologies Co., Ltd. on February 23, 2021 and is entitled “Data processing method and apparatus.” The first named inventor is Husen Wang of Hangzhou, . The abstract contains an overview of the patent disclosure:

A data processing method may include: determining, by a transaction initiation node in a blockchain, transaction data of a transaction and information to be hidden in the transaction data; obtaining, by using the transaction data as an input of a predetermined one-way function, a transaction root of the transaction, and constructing, based on the transaction root, proof data corresponding to the information to be hidden; and, after signing the transaction root, initiating a transaction request to write the transaction root and the proof data on the blockchain, for a node in the blockchain to perform consensus verification on the transaction root and the proof data, and approve or reject the transaction request based on a verification result. Link to Full Patent

This blockchain patent was originally filed on February 03, 2020  as U.S. Patent Application 16/780819 at the United Stated Patent and Trademark Office. The application was them awarded a patent grant and published as U.S. Patent 10931684. The primary examiner was Mohammad A Siddiqi.

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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