U.S. Patent 11106487 was awarded to Advanced New Technologies Co., Ltd. on August 31, 2021 and is entitled “Performing parallel execution of transactions in a distributed ledger system.” The first named inventor is Ning Xia of Hangzhou, . The abstract contains an overview of the patent disclosure:

Disclosed herein are methods, systems, and apparatus, including computer programs encoded on computer storage media, for performing parallel execution of transactions by a network node in a blockchain network. One of the methods includes receiving multiple transactions, grouping all first-type transactions in the multiple transactions into a group of first-type transactions, dividing the group of first-type transactions into one or more subgroups, and executing the group of first-type transactions by executing the one or more subgroups of the group of first-type transactions in parallel. Link to Full Patent

This blockchain patent was originally filed on July 31, 2020  as U.S. Patent Application 16/945749 at the United Stated Patent and Trademark Office. The application was them awarded a patent grant and published as U.S. Patent 11106487. The primary examiner was Mehran Kamran.

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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