U.S. Patent 10783597 was awarded to Alibaba Group Holding Limited on September 22, 2020 and is entitled “Blockchain-based judgment execution.” The first named inventor is Zhiguo Li 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. One method includes: receiving a request associated with an account of a blockchain-based application for collecting a monetary award issued in an order of a court; determining a creditor, a debtor, and an amount of the monetary award; determining that the account is associated with the creditor based on data recorded on the blockchain; identifying, based on the data, a payment account of the creditor and one or more payment accounts of the debtor with an aggregated balance greater than or equal to the amount of the monetary award; transferring the amount of the monetary award from the one or more payment accounts of the debtor to the payment account of the creditor; and recording a verified time stamp representing a time the amount of the monetary award is transferred. Link to Full Patent

This blockchain patent was originally filed on December 13, 2019  as U.S. Patent Application 16/714379 at the United Stated Patent and Trademark Office. The application was them awarded a patent grant and published as U.S. Patent 10783597. The primary examiner was Dennis W Ruhl.

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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