Influential block.one Blockchain Patent – Storing time-sensitive secrets in a blockchain network – US11075747

U.S. Patent 11075747 was awarded to block.one on July 27, 2021 and is entitled “Storing time-sensitive secrets in a blockchain network.” The first named inventor is Ian Holsman of Minneapolis, MN. The abstract contains an overview of the patent disclosure:

A method for storing time-sensitive secrets in a network is provided. The method includes receiving a first encryption key from multiple encryption keys, the multiple encryption keys associated with a first time window and accessing a data packet encoded according to the encryption keys. The method also includes writing a decrypted data packet to a block in a blockchain when the first encryption key matches a first time-sensitive value, and writing the decrypted data packet to the block in the blockchain when a second encryption key, received from the content provider, matches a second time-sensitive value after the first time-sensitive value has lapsed, wherein the first time-sensitive value and the second time-sensitive value are a non-overlapping time sequence in the first time window. A system and a non-transitory, computer-readable medium storing instructions to perform the above method are also provided. Link to Full Patent

This blockchain patent was originally filed on February 16, 2021  as U.S. Patent Application 17/177108 at the United Stated Patent and Trademark Office. The application was them awarded a patent grant and published as U.S. Patent 11075747. The primary examiner was Jeremiah L Avery.

block.one, who is the original assignee of this patent, has at least 11 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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