Influential AS America, Inc. Blockchain Patent – Real-time processing distributed ledger system – US10643202

U.S. Patent 10643202 was awarded to AS America, Inc. on May 05, 2020 and is entitled “Real-time processing distributed ledger system.” The first named inventor is Joseph Benjamin Castinado of North Glenn, CO. The abstract contains an overview of the patent disclosure:

A system, computer program product, and method for executing real-time processing of resource transfers using distributed ledger technology is provided. In particular, the system utilizes a private or semi-private blockchain to create a distributed ledger which comprises a record of all resource transfers between a number of entities. The real-time processing system addresses a number of computer technology-centric challenges associated with executing resource transfers. In particular, executing resource transfers on a real-time basis allows the nodes of the blockchain to more evenly distribute computing workload over time when compared to more traditional resource transfer systems that use batch processing to execute transfers. Link to Full Patent

This blockchain patent was originally filed on July 25, 2017  as U.S. Patent Application 15/659215 at the United Stated Patent and Trademark Office. The application was them awarded a patent grant and published as U.S. Patent 10643202. The primary examiner was Jamie R Kucab.

AS America, Inc., who is the original assignee of this patent, has at least 4320 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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