U.S. Patent 10691673 was awarded to Alibaba Group Holding Limited on June 23, 2020 and is entitled “Asset management system, method, apparatus, and electronic device.” The first named inventor is Xuebing Yan of Hangzhou, . The abstract contains an overview of the patent disclosure:

This specification describes techniques for managing assets in a blockchain. One example method includes receiving, from a target user recorded in a distributed database of a blockchain network, a user input including a request to perform a contract operation on asset objects including digital assets corresponding to physical assets associated with the target user, in response to receiving the request, generating an asset container as an operation target of the contract operation, the asset container recording field information of the asset objects, generating an asset container group by dividing the asset container into the asset container group based on an association relationship between the asset objects, wherein the association relationship defines correspondences between each asset container in the asset container group and at least one other asset container in the asset container group, and performing the contract operation on the asset container group using a contract object. Link to Full Patent

This blockchain patent was originally filed on February 14, 2019  as U.S. Patent Application 16/275868 at the United Stated Patent and Trademark Office. The application was them awarded a patent grant and published as U.S. Patent 10691673. The primary examiner was Phuong Thao Cao.

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 2 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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