Influential Advanced New Technologies Co., Ltd. Blockchain Patent – Event processing method, apparatus and electronic device based on blockchain technology – US10861016

U.S. Patent 10861016 was awarded to Advanced New Technologies Co., Ltd. on December 08, 2020 and is entitled “Event processing method, apparatus and electronic device based on blockchain technology.” The first named inventor is Baoli Ma of Hangzhou, . The abstract contains an overview of the patent disclosure:

One or more embodiments of the specification provide a method, apparatus, and non-transitory computer-readable storage medium for processing an event involving a plurality of users in a blockchain. The method is implementable by any user involved in the event, the method comprising: receiving, through a non-blockchain computer network, descriptive information; verifying a plurality of homomorphic commitments in the received descriptive information; generating a signature endorsing the descriptive information based on a private key; submitting to the blockchain triggering information comprising the signature; determining, by querying the blockchain through the blockchain computer network, that the event has been marked as executable by a smart contract on the blockchain, the mark indicating that all of the plurality of blockchain nodes have submitted corresponding triggering information; and executing the event according to the descriptive information. Link to Full Patent

This blockchain patent was originally filed on May 15, 2020  as U.S. Patent Application 16/875841 at the United Stated Patent and Trademark Office. The application was them awarded a patent grant and published as U.S. Patent 10861016. The primary examiner was James D Nigh.

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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