U.S. Patent 10748150 was awarded to Alibaba Group Holding Limited on August 18, 2020 and is entitled “Method and apparatus for processing transaction requests.” The first named inventor is Ning Li of Guangdong, . The abstract contains an overview of the patent disclosure:

A method for processing a transaction request, implementable by a first transaction node, may comprise: acquiring transaction data of a target transaction, wherein the first transaction node participates in the target transaction; determining, according to the transaction data, a transaction abstract after a plurality of transaction nodes each sign a data abstract of the transaction data, wherein the transaction nodes comprise at least the first transaction node and one or more second transaction nodes; generating a transaction request that comprises the transaction abstract; and broadcasting the transaction request to one or more consensus nodes, causing the consensus nodes to each save the transaction abstract in the transaction request into a blockchain after the transaction abstract passes consensus verification, the consensus nodes being blockchain nodes, wherein the transaction nodes and the consensus nodes are blockchain nodes of a blockchain network. Link to Full Patent

This blockchain patent was originally filed on March 21, 2018  as U.S. Patent Application 15/927402 at the United Stated Patent and Trademark Office. The application was them awarded a patent grant and published as U.S. Patent 10748150. The primary examiner was Alexander G Kalinowski.

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.

Select IP monitors top patents and patents which have been allowed and granted worldwide. We are experts in patent law with experience blockchain technology and IP law and intellectual property law as it pertains to blockchain technology and cryptocurrency patents. If you are interested in connecting with an IP law attorney or patent law attorney, please contact us via the contact form.

Patentability Searches – Determine the patentability of your inventions.
Freedom to Operate Searches & Opinions – Identify patents may give you potential infringement issues (including in the recording, communication or information retrieval equipment field).
Non-Infringement Opinions – Determine if your product infringes a competitor’s patent.
Patent Invalidity Searches & Opinions – Find prior art to invalidate a competitor’s patent.
U.S. Provisional Patent Applications – Receive cost-effective “patent pending” status for your invention.
U.S. Non-Provisional Patent Applications (Utility) – Apply for patent protection on the structural and functional aspects of your invention.
U.S. Design Patent Applications – Apply for patent protection on the ornamental appearance of your invention.