U.S. Patent 11017392 was awarded to Advanced New Technologies Co., Ltd. on May 25, 2021 and is entitled “Method, apparatus and electronic device for blockchain transactions.” The first named inventor is Baoli Ma of Hangzhou, . The abstract contains an overview of the patent disclosure:

The application provides a method, apparatus, and electronic device for implementing blockchain-based transactions. The method comprises: determining a plurality of blockchain-based transactions to be executed among a transaction-initiating party, a transaction-relay party, and a transaction-target party in a blockchain; generating common transaction data and first independent transaction data, wherein: the common transaction data is related to the plurality of blockchain-based transactions, and the first independent transaction data is related to one or more of the plurality of blockchain-based transactions involving the transaction-initiating party; obtaining second independent transaction data, wherein: the second independent transaction data is related to one or more of the plurality of blockchain-based transactions involving the transaction-relay party; and submitting a consolidated transaction related to the plurality of blockchain-based transactions to the blockchain, wherein the consolidated transaction comprises the common transaction data, the first independent transaction data, and the second independent transaction data. Link to Full Patent

This blockchain patent was originally filed on May 26, 2020  as U.S. Patent Application 16/882841 at the United Stated Patent and Trademark Office. The application was them awarded a patent grant and published as U.S. Patent 11017392. The primary examiner was Steven S Kim.

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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