U.S. Patent 10460283 was awarded on October 29, 2019 and is entitled “Smart contract optimization for multiparty service or product ordering system.” The first named inventor is Vijay Madisetti of Johns Creek, GA. The abstract contains an overview of the patent disclosure:

A method of tracking orders through a blockchain network including receiving an indication of order placement, receiving a plurality of global variable registration requests from a plurality of linked smart contracts recorded to a first blockchain network responsive to an order placement at a global variable name system (GVNS), defining a global variable responsive to each global variable registration request, receiving a first status update related to the order from a first smart contract of the plurality of smart contracts, defining a first received status update, and updating a first global variable of the GVNS responsive to the first received status update, defining a first GVNS variable update. The first and second smart contracts include the first global variable and the value of the first global variable on each of the first and second smart contracts is updated responsive to the first GVNS variable update. Link to Full Patent

This blockchain patent was originally filed on March 25, 2019  as U.S. Patent Application 16/363046 at the United Stated Patent and Trademark Office. The application was them awarded a patent grant and published as U.S. Patent 10460283. The primary examiner was David T. Brooks.

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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