Influential Blockchain Patent – System and method for composite-key based blockchain device control – US10693637

U.S. Patent 10693637 was awarded on June 23, 2020 and is entitled “System and method for composite-key based blockchain device control.” The first named inventor is Belavadi Nagarajaswamy Ramesh of Bangalore, . The abstract contains an overview of the patent disclosure:

System and method for composite-key based blockchain device control, where the composite-key is created from control codes and a unique identification key. The control codes are used to control the blockchain device. The system uses the controlling system that can create controlling data. The system uses controlling data to control blockchain devices. The controlling data is used in conjunction with data in the blockchain. The system has methods for integrating with smart contracts to make execution of blockchain device depend on the smart contract. The system can be used for controlling financial activity, movement activity, asset activity, device activity, game activity. The system has methods for coupling controlling system with blockchain devices. The system has mechanisms to make blockchain device execution depend on the signature. Link to Full Patent

This blockchain patent was originally filed on August 12, 2018  as U.S. Patent Application 16/101452 at the United Stated Patent and Trademark Office. The application was them awarded a patent grant and published as U.S. Patent 10693637. The primary examiner was Kaveh Abrishamkar.

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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