Influential Advanced New Technologies Co., Ltd. Blockchain Patent – Methods and apparatuses for executing smart contract of blockchain, and electronic devices – US11108541

U.S. Patent 11108541 was awarded to Advanced New Technologies Co., Ltd. on August 31, 2021 and is entitled “Methods and apparatuses for executing smart contract of blockchain, and electronic devices.” The first named inventor is Zhiyuan Feng of Hangzhou, . The abstract contains an overview of the patent disclosure:

A blockchain-based smart contract execution computer-implemented method, medium, and system are disclosed. In one computer-implemented method, a target transaction initiated by a client device is received by a node device in a blockchain to invoke a target smart contract. The blockchain is interconnected to a trusted third party. A contract engine for smart contract execution is deployed in the trusted third party. Contract source code of the target smart contract is obtained from a distributed database of the blockchain by the node device in response to the target transaction being received by the node device. The contract source code is sent by the node device to the trusted third party. An execution result from execution of the contract source code by the contract engine is received from the trusted third party by the node device. Link to Full Patent

This blockchain patent was originally filed on April 29, 2021  as U.S. Patent Application 17/244719 at the United Stated Patent and Trademark Office. The application was them awarded a patent grant and published as U.S. Patent 11108541. The primary examiner was Arvin Eskandarnia.

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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