U.S. Patent 10225076 was awarded on March 05, 2019 and is entitled “Splitting digital promises recorded in a blockchain.” The first named inventor is Tianhui Leng of Kunming, . The abstract contains an overview of the patent disclosure:

A method and system to securely split a digital promise that is recorded in a blockchain. A digital promise represents a promise by a promisor to pay a promisee an asset when a specified condition is satisfied. The specified condition may be fulfillment of a digital contract, also recorded in the blockchain, to which the digital promise is linked. When splitting a digital promise, a split transaction is recorded indicating a split into a first child digital promise and a second child digital promise. In each child digital promise, the promisor promises to pay a child promisee a portion of the asset when a specified child condition is satisfied. When a digital promise is split, the digital promise itself is no longer payable, but the child digital promises are payable when both the specified condition and the specified child condition for the child digital promise are satisfied. Link to Full Patent

This blockchain patent was originally filed on February 17, 2017  as U.S. Patent Application 15/436187 at the United Stated Patent and Trademark Office. The application was them awarded a patent grant and published as U.S. Patent 10225076. The assistant examiner was Vu V Tran.

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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