U.S. Patent 10782998 was awarded to Alibaba Group Holding Limited on September 22, 2020 and is entitled “Blockchain-based transaction processing method and apparatus.” The first named inventor is Honglin Qiu of Hangzhou, . The abstract contains an overview of the patent disclosure:

Methods, systems, and apparatus, including computer programs encoded on computer storage media, for transaction processing are provided. One of the methods includes: receiving a transaction request for a target transaction; loading a transaction template matching a transaction type of the target transaction; processing the target transaction according to the transaction template to obtain transaction information; and writing the transaction information into a blockchain. Link to Full Patent

This blockchain patent was originally filed on February 02, 2020  as U.S. Patent Application 16/779641 at the United Stated Patent and Trademark Office. The application was them awarded a patent grant and published as U.S. Patent 10782998. The primary examiner was Wissam Rashid.

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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