U.S. Patent 10771242 was awarded to Alibaba Group Holding Limited on September 08, 2020 and is entitled “Blockchain-based data processing.” The first named inventor is Haibin Wang of Shenzhen, . The abstract contains an overview of the patent disclosure:

One or more embodiments of the present specification provide blockchain-based data processing methods and apparatuses that are applied to a blockchain network system that includes a node device of a service platform and a node device of a service provider. The method includes sending first transaction data by the blockchain node device of the service platform; obtaining, by the blockchain node device of the service platform, second transaction data where the second transaction data is generated by a blockchain node device of a service provider; checking whether the blockchain node device of the service platform receives the service processing data; executing predetermined service processing data acquisition logic or executing application logic for the service processing data if the blockchain node device of the service platform does not or does, respectively, receive the service processing data. Link to Full Patent

This blockchain patent was originally filed on February 28, 2020  as U.S. Patent Application 16/805641 at the United Stated Patent and Trademark Office. The application was them awarded a patent grant and published as U.S. Patent 10771242. The primary examiner was Amir Mehrmanesh.

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 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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