U.S. Patent 10867288 was awarded to Capital One Services, LLC on December 15, 2020 and is entitled “Blockchain payment notification system.” The first named inventor is Rajendra Mokshagundam of Schaumburg, IL. The abstract contains an overview of the patent disclosure:

A system and method for payment notification using blockchain. The system and method relate to real-time monitoring and updating of a list of accounts that have not satisfied a minimum payment amount due. The real-time monitoring and updating of the list occurs through the use of a blockchain monitoring payment information by a user to the account. The blockchain is continually updated every time a payment is made. A notification system receives each update and is aware, in real-time, whether a user has satisfied a minimum payment amount due and thus whether an account is current or in need of a collections notification. Link to Full Patent

This blockchain patent was originally filed on November 25, 2019  as U.S. Patent Application 16/693522 at the United Stated Patent and Trademark Office. The application was them awarded a patent grant and published as U.S. Patent 10867288. The primary examiner was Scott S Trotter.

Capital One Services, LLC, who is the original assignee of this patent, has at least 2278 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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