Influential ARTRIGGER INC. Blockchain Patent – Transaction management method, communication terminal, and method of exploitation right management – US11170457

U.S. Patent 11170457 was awarded to ARTRIGGER INC. on November 09, 2021 and is entitled “Transaction management method, communication terminal, and method of exploitation right management.” The first named inventor is Kenichi Mogi of Tokyo, . The abstract contains an overview of the patent disclosure:

An acquisition part acquires a blockchain in which a plurality of blocks are linked, the blocks store (i) creator information for identifying a creator of a work, (ii) rule information for establishing transaction rules of the work, (iii) information relating to a virtual currency used for a transaction of the work, and (iv) a transfer history of the work and information relating to an exploitation right which is a right established for the work and allows others to use the work. A license information specification part specifies a grantor and a license fee of the exploitation right. A received amount transfer part subtracts a creator’s receiving amount from a balance of the virtual currency associated with the grantor, and adds the creator’s receiving amount to a balance of the virtual currency associated with a person or management organization designated by the creator of the work. Link to Full Patent

This blockchain patent was originally filed on March 26, 2020  as U.S. Patent Application 16/830290 at the United Stated Patent and Trademark Office. The application was them awarded a patent grant and published as U.S. Patent 11170457. The primary examiner was James D Nigh.

ARTRIGGER INC., who is the original assignee of this patent, has at least 1 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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