U.S. Patent 10785168 was awarded to Alibaba Group Holding Limited on September 22, 2020 and is entitled “Allocating virtual resource based on block chain.” The first named inventor is Tao Zou of Hangzhou, . The abstract contains an overview of the patent disclosure:

A method for allocating a virtual resource based on a blockchain, including: receiving a resource allocation transaction sent by a client, wherein the resource allocation transaction includes a user identifier of a target user; in response to the resource allocation transaction, invoking verification logic in a smart contract deployed in the blockchain to verify whether a service indicator of the target user within a preset service cycle satisfies a virtual resource allocation condition; and when the service indicator satisfies the virtual resource allocation condition, invoking virtual resource allocation logic in the smart contract to allocate a preset amount of virtual resources to the target user from a virtual resource pool and transfer the preset amount of virtual resources to a blockchain account corresponding to the user identifier, wherein virtual resources in the virtual resource pool are associated with service profits of a service operator corresponding to a service of the target user. Link to Full Patent

This blockchain patent was originally filed on February 06, 2020  as U.S. Patent Application 16/783862 at the United Stated Patent and Trademark Office. The application was them awarded a patent grant and published as U.S. Patent 10785168. The primary examiner was Padma Mundur.

Alibaba Group Holding Limited, who is the original assignee of this patent, has at least 1834 total granted patents in the United States as of the date of this article. This blockchain patent has been cited 1 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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