U.S. Patent 10698728 was awarded to Blockstack PBC on June 30, 2020 and is entitled “Systems and methods for forming application-specific blockchains.” The first named inventor is Jude Nelson of New Brunswick, NJ. The abstract contains an overview of the patent disclosure:

An improved blockchain implementation that reduces application transaction processing bottlenecks for applications that operate on a decentralized network is described herein. For example, if an application operating on a decentralized network becomes sufficiently popular, an existing blockchain can be split into the original blockchain and an application-specific chain (or app chain) that includes blocks that only store transactions for the sufficiently popular application. Multiple application-specific chains can be formed as different applications become sufficiently popular. The original blockchain may be used to perform sortitions to select which miners should mine new blocks in the application-specific chain(s). Link to Full Patent

This blockchain patent was originally filed on November 15, 2019  as U.S. Patent Application 16/685991 at the United Stated Patent and Trademark Office. The application was them awarded a patent grant and published as U.S. Patent 10698728. The primary examiner was Wissam Rashid.

Blockstack PBC, who is the original assignee of this patent, has at least 6 total granted patents in the United States as of the date of this article. This blockchain patent has been cited 2 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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