U.S. Patent 10579643 was awarded on 2020-03-03 and describes a “Method and system for tuning blockchain scalability, decentralization, and security for fast and low-cost payment and transaction processing.” 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. The abstract states:

A method for sharing data between blockchains in a multi-chain network including receiving a first plurality of account addresses associated with first and second blockchains and an account state for each account associated with the first plurality of account addresses, generating a first hash tree comprising a mapping between the first plurality of account addresses and the account states, defining a world state trie, generating a root hash of the world state trie, receiving a first plurality of transactions associated with the first and second blockchains, generating a second hash tree comprising the first plurality of transactions, defining a transactions trie, and generating a root hash of the transactions trie. Link to Full Patent

This patent was originally filed on 2019-09-09 which gives it an average processing time in the field. has total patents. The first named inventor is Vijay Madisetti of Johns Creek, GA. The primary examiner was Dung K Chau.

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