U.S. Patent 10289631 was awarded on May 14, 2019 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 including receiving a first plurality of transactions on a first private blockchain network, recording the first plurality of transactions to a first private block on the first private blockchain network, receiving a second plurality of transactions on the first private blockchain network, recording the second plurality of transactions to a second private block on the first private blockchain network, generating a first merged block comprising the first and second private blocks, 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 smart contract linked to the first private blockchain network, defining a first private smart contract, and 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. Link to Full Patent

This blockchain patent was originally filed on August 31, 2018  as U.S. Patent Application 16/119163 at the United Stated Patent and Trademark Office. The application was them awarded a patent grant and published as U.S. Patent 10289631. The primary examiner was Dung K Chau.

This blockchain patent has been cited 1 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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