Influential Advanced New Technologies Co., Ltd. Blockchain Patent – Parallel execution of transactions in a blockchain network – US11132676

U.S. Patent 11132676 was awarded to Advanced New Technologies Co., Ltd. on September 28, 2021 and is entitled “Parallel execution of transactions in a blockchain network.” The first named inventor is Ning Xia of Hangzhou, . The abstract contains an overview of the patent disclosure:

Implementations of this specification include identify a plurality of transactions to be executed in the blockchain, wherein the transactions are arranged in an execution order, and wherein the execution order includes a contract call arranged after the plurality of transactions; identify groups of transactions within the plurality of transactions, wherein each transaction in each group is associated with a same account in the blockchain network as the other transactions in the group; instruct nodes of the blockchain network to execute each of the groups of transactions in parallel, wherein executing each group of transactions includes executing the transactions within the group serially and according to the execution order; determine that the nodes of the blockchain network have completed executing all of the groups of transactions; and in response, instruct the nodes of the blockchain network to execute the contract call. Link to Full Patent

This blockchain patent was originally filed on May 24, 2019  as U.S. Patent Application 16/421995 at the United Stated Patent and Trademark Office. The application was them awarded a patent grant and published as U.S. Patent 11132676. The primary examiner was Bruce I Ebersman.

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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