U.S. Patent 10891383 was awarded to BRITISH TELECOMMUNICATIONS public limited company on January 12, 2021 and is entitled “Validating computer resource usage.” The first named inventor is Gery Ducatel of London, . The abstract contains an overview of the patent disclosure:
A computer implemented method for validating use of a computing resource by a requester software component including: validating a characteristic of the requester; generating a first transaction defining criteria for consumption of the resource by the requester, the first transaction being encrypted with a private key from a public key/private key pair and being added as part of a block of transactions to a blockchain data structure; generating a subsequent encrypted transaction corresponding to a request of the requester to consume the resource, the subsequent transaction referring to the first transaction, wherein the subsequent transaction is validated by a transaction miner computing component from a plurality of miners by authenticating the transaction using the public key and verifying compliance with the criteria defined in each transaction. Link to Full Patent
This blockchain patent was originally filed on February 10, 2016 as U.S. Patent Application 15/548654 at the United Stated Patent and Trademark Office. The application was them awarded a patent grant and published as U.S. Patent 10891383. The primary examiner was Alexander Lagor.
BRITISH TELECOMMUNICATIONS public limited company, who is the original assignee of this patent, has at least 1615 total granted patents in the United States as of the date of this article. 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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