U.S. Patent 10394845 was awarded on August 27, 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 and recording the first plurality of transactions to a first private block on a private blockchain network, receiving a second plurality of transactions and recording the second plurality of transactions to a second private block on the private blockchain network, generating a first merged block comprising the first private block and the second private block, recording the first merged block to a single block on a second blockchain network, recording each of the first private block, the second private block, and the first merged block to a smart contract linked to the private blockchain network, defining a 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 December 18, 2018  as U.S. Patent Application 16/223237 at the United Stated Patent and Trademark Office. The application was them awarded a patent grant and published as U.S. Patent 10394845. The primary examiner was Dung K Chau.

This blockchain patent has been cited 3 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.

Select IP monitors top patents and patents which have been allowed and granted worldwide. We are experts in patent law with experience blockchain technology and IP law and intellectual property law as it pertains to blockchain technology and cryptocurrency patents. If you are interested in connecting with an IP law attorney or patent law attorney, please contact us via the contact form.

Patentability Searches – Determine the patentability of your inventions.
Freedom to Operate Searches & Opinions – Identify patents may give you potential infringement issues (including in the recording, communication or information retrieval equipment field).
Non-Infringement Opinions – Determine if your product infringes a competitor’s patent.
Patent Invalidity Searches & Opinions – Find prior art to invalidate a competitor’s patent.
U.S. Provisional Patent Applications – Receive cost-effective “patent pending” status for your invention.
U.S. Non-Provisional Patent Applications (Utility) – Apply for patent protection on the structural and functional aspects of your invention.
U.S. Design Patent Applications – Apply for patent protection on the ornamental appearance of your invention.