U.S. Patent 9979718 was awarded to AS America, Inc. on May 22, 2018 and is entitled “System for managing security and access to resource sub-components.” The first named inventor is Manu Kurian of Dallas, TX. The abstract contains an overview of the patent disclosure:

A means for managing security and access to resources associated with blocks/sub-components of a distributed validating network, such as a blockchain network. Tags are created that can be applied to blocks so that a designated entity/user can locate the block though presentation of keywords associated with the tag. Additionally, a security token is generated that is assigned or otherwise provided to the designated entity/user which is configured to grant the designated entity access to resources in the block. Further, logic may be defined and applied to either the tag, the block and/or the security token that provides control over the access granted to the designated entities/users. The logic may define the period of time for which a designated entity/user is granted access to the block and/or the block’s resources or the logic may define an amount of access granted to the designated entity/user. Link to Full Patent

This blockchain patent was originally filed on May 11, 2016  as U.S. Patent Application 15/152317 at the United Stated Patent and Trademark Office. The application was them awarded a patent grant and published as U.S. Patent 9979718. The primary examiner was Ali Shayanfar.

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 2 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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