U.S. Patent 10102265 was awarded on October 16, 2018 and is entitled “Method and system for tuning blockchain scalability 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 synchronizing transactions between blockchains comprising receiving first and second pluralities of transactions on a first private blockchain network and recording them to first and second private blocks on the first private blockchain network, respectively, generating a first merged block comprising the first private block and the second private block and recording the first merged block to a single block on a second blockchain network, recording each of the first and second private blocks and the first merged block to a first private smart contract linked to the first private blockchain network, performing a synchronization process between the first private smart contract and a second smart contract linked to the second blockchain network, defining a second smart contract, and performing a checkpointing process between the first private smart contract and the second smart contract. The first private blockchain network has a parameter difference from the second blockchain network. Link to Full Patent

This blockchain patent was originally filed on April 02, 2018  as U.S. Patent Application 15/942604 at the United Stated Patent and Trademark Office. The application was them awarded a patent grant and published as U.S. Patent 10102265. The primary examiner was Dung K Chau.

This blockchain patent has been cited 54 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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