Influential Alibaba Group Holding Limited Blockchain Patent – Blockchain transaction speeds using global acceleration nodes – US10505708

U.S. Patent 10505708 was awarded to Alibaba Group Holding Limited on December 10, 2019 and is entitled “Blockchain transaction speeds using global acceleration nodes.” The first named inventor is Ning Xia of Hangzhou, . The abstract contains an overview of the patent disclosure:

In a blockchain transaction acceleration system, access is provided to a multiple blockchain acceleration network accessible to a plurality of blockchains, where the multiple blockchain acceleration network includes a plurality of acceleration nodes, each acceleration node accessible to at least one node in at least one blockchain of the plurality of blockchains. A transaction to be forwarded is received at a first acceleration node from a first node in a first blockchain of the plurality of blockchains. The transaction is forwarded by the first acceleration node to a second node. Link to Full Patent

This blockchain patent was originally filed on May 23, 2019  as U.S. Patent Application 16/421384 at the United Stated Patent and Trademark Office. The application was them awarded a patent grant and published as U.S. Patent 10505708. The primary examiner was Mahesh H Dwivedi.

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 7 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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