U.S. Patent 11025493 was awarded on June 01, 2021 and is entitled “Smallcell network deployment, optimization and management based on blockchain technology.” The first named inventor is Volkan Sevindik of Parker, CO. The abstract contains an overview of the patent disclosure:

Smallcell network is deployed, optimized and managed using blockchain technology. Smallcells create and mine a new coin called smallcell coin. All transactions in the network and/or between network and users are paid using smallcell coin which can also be converted to any other cryptocurrency. Each smallcell configures itself based on pre-determined parameters. Each smallcell talks with other smallcells in the network, and each communication is recorded as part of the block in smallcell blockchain. Smallcell Media Access Control layer unique identification number is used as private key, and product identification number is used as public key in recording the transactions in blockchain. Performance ledger is used during small cell network optimization to record any transaction in the blockchain. User terminals (subscribers) and smallcells sign smart contract when users terminal requests to make connection with smallcell, and any payment between smallcell and user terminal will be made using smallcell coin. Link to Full Patent

This blockchain patent was originally filed on June 25, 2018  as U.S. Patent Application 16/017802 at the United Stated Patent and Trademark Office. The application was them awarded a patent grant and published as U.S. Patent 11025493. The primary examiner was Todd L Barker.

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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