U.S. Patent 11120434 was awarded to AnApp Technologies Limited on September 14, 2021 and is entitled “System and method for securing transaction in a blockchain network.” The first named inventor is Peter On Bon Chan of Hong Kong, . The abstract contains an overview of the patent disclosure:

A method for securing transaction in a blockchain network and a related system with a blockchain network. The blockchain network has information handling devices operably connected with each other. The information handling devices collectively maintain a blockchain ledger containing one or more transaction blocks with transaction information. The method includes validating a new transaction request to be added to the blockchain ledger. The validation includes digitally signing, at two or more of the information handling devices in the blockchain network, respectively, an interim block associated with the new transaction request, using a HASH value of the interim block and respective private keys of the two or more of the information handling devices. The method also includes verifying the one or more signed interim blocks for determining whether to add to the blockchain ledger a new transaction block containing the validated new transaction request and the at least two digital signatures. Link to Full Patent

This blockchain patent was originally filed on February 18, 2019  as U.S. Patent Application 16/278417 at the United Stated Patent and Trademark Office. The application was them awarded a patent grant and published as U.S. Patent 11120434. The primary examiner was Malcolm Cribbs.

AnApp Technologies Limited, who is the original assignee of this patent, has at least 3 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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