Influential Advanced New Technologies Co., Ltd. Blockchain Patent – System and method for information protection – US10819505

U.S. Patent 10819505 was awarded to Advanced New Technologies Co., Ltd. on October 27, 2020 and is entitled “System and method for information protection.” The first named inventor is Baoli Ma of Hangzhou, . The abstract contains an overview of the patent disclosure:

A computer-implemented method for information protection comprises: determining one or more data inputs and one or more data outputs for a transaction, wherein the data inputs are associated with input data types respectively, and the data outputs are associated with output data types respectively; encrypting the input data types and the output data types; committing each of the encrypted input data types and the encrypted output data types with a commitment scheme to obtain corresponding commitment values; obtaining at least a parameter R based at least on the commitment values; and submitting the transaction to one or more nodes in a blockchain network with disclosure of the parameter R and without disclosure of the input data types and output data types for the nodes to verify consistency between the input data types and the output data types. Link to Full Patent

This blockchain patent was originally filed on May 18, 2020  as U.S. Patent Application 16/877276 at the United Stated Patent and Trademark Office. The application was them awarded a patent grant and published as U.S. Patent 10819505. The primary examiner was Evans Desrosiers.

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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