U.S. Patent 10965460 was awarded on March 30, 2021 and is entitled “Robust security technology for coupons.” The first named inventor is Gideon Samid of Rockville, MD. The abstract contains an overview of the patent disclosure:
This invention provides merchants the capability to mint store credit as a secure physical handheld coin, resisting fraud and counterfeiting. It is based on a technology that marks the physical handheld coins with a large number of features, the reading of these features representing an assigned unique identity or signature, an assigned nominal monetary value, and assigned limitations of use, all verifiable through blockchain technology. This secure physical handheld coin, as well as a secure digital coin, may be cash-redeemable, and use-trackable to leverage the store’s credibility to push its loyalty currency into the wallets of the public and win more customers. Link to Full Patent
This blockchain patent was originally filed on August 24, 2020 as U.S. Patent Application 17/001163 at the United Stated Patent and Trademark Office. The application was them awarded a patent grant and published as U.S. Patent 10965460. The primary examiner was Bradley W Holder.
This blockchain patent has been cited 0 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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