U.S. Patent 10755285 was awarded on August 25, 2020 and is entitled “Secured mutual confirmation method and system for tracing and verifying product identity, origin and authentication.” The first named inventor is Hiroshi Watanabe of Tokyo, . The abstract contains an overview of the patent disclosure:

A secured mutual confirmation method for tracing and verifying product identity, origin and authentication may comprise at least a seller and at least a buyer, and a series of transactions between the seller and the buyer that can be realized in an online system. The transactions comprise purchase order (PO), real shipment (RS) and shipment confirmation (SC), and one block comprising a set of PO, RS and SC is configured to be registered by a concept of blockchain. In the present invention, all processes of the transactions in the system between the seller and the buyer are monitored and the messages therebetween are encrypted, which makes the online transaction more secured and reliable for both the seller and the buyer. Link to Full Patent

This blockchain patent was originally filed on March 12, 2018  as U.S. Patent Application 15/918498 at the United Stated Patent and Trademark Office. The application was them awarded a patent grant and published as U.S. Patent 10755285. The assistant examiner was Adrian Stoica.

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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