U.S. Patent 10255342 was awarded on April 09, 2019 and is entitled “Method and system for tuning blockchain scalability, decentralization, and security for fast and low-cost payment and transaction processing.” The first named inventor is Vijay Madisetti of Johns Creek, GA. The abstract contains an overview of the patent disclosure:

A method of processing and validating transactions on a multi-chain network including receiving first and second pluralities of transactions, recording the first and second pluralities of transactions to first and second blocks on a first blockchain in a multi-chain network, publishing the first and second plurality of transactions to a first managed topic associated with the multi-chain network on a first messaging server, defining a first published transactions, and transmitting the first published transactions to a first subscriber, defining a first transmitted transaction. Receipt of the first transmitted transaction initiates generation of a first merged block comprising the first published transactions and recording of the first merged block to a second blockchain on the multi-chain network. The first blockchain has a parameter difference from the second blockchain selected from the group consisting of block generation time, transaction throughput, transaction latency, stale block rate, block propagation delay and consensus algorithm used. Link to Full Patent

This blockchain patent was originally filed on September 19, 2018  as U.S. Patent Application 16/135701 at the United Stated Patent and Trademark Office. The application was them awarded a patent grant and published as U.S. Patent 10255342. The primary examiner was Dung K Chau.

This blockchain patent has been cited 4 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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