U.S. Patent 10114969 was awarded on October 30, 2018 and is entitled “Ultra-secure blockchain-based electronic information transfer system.” The first named inventor is William Krut of Durham, NC. The abstract contains an overview of the patent disclosure:

The system and method presents a secure blockchain enabled encryption. Incoming information and data files may be encrypted using any preferred method of encryption, then sliced into segments, each segment of which is hashed and encrypted onto one or more blockchains depending upon the size of the segments desired. A retrieval and recombination mechanism is employed to quickly locate and decrypt all of the segments of each information file such that the blockchain distributed across multiple servers, including cloud-based servers. Upon request, the encrypted blockchain segments may also be shared among multiple users without compromising the encryption of the information file. Link to Full Patent

This blockchain patent was originally filed on August 03, 2016  as U.S. Patent Application 15/227368 at the United Stated Patent and Trademark Office. The application was them awarded a patent grant and published as U.S. Patent 10114969. The primary examiner was David J Pearson.

This blockchain patent has been cited 23 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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