Influential Capital One Services, LLC Blockchain Patent – System and method for creating a secure mesh network utilizing the blockchain – US10636030

U.S. Patent 10636030 was awarded to Capital One Services, LLC on April 28, 2020 and is entitled “System and method for creating a secure mesh network utilizing the blockchain.” The first named inventor is Jeremy Goodsitt of Champaign, IL. The abstract contains an overview of the patent disclosure:

Techniques for providing a secure mesh network based on a cryptocurrency blockchain are provided. An electronic device can receive data from a mesh network to establish the device as a node on the mesh network. The established node can generate a cryptocurrency wallet that can be loaded with an amount of cryptocurrency. The established node can receive a payment for facilitating transfers on the mesh network including routing transactional or communication data. Public and/or private keys associated with the cryptocurrency wallets can be used to encrypt communications, thereby providing a secure mesh network. Further, the blockchain, which can be managed by one or more authorized nodes of the mesh network, can provide a payment system within the mesh network. The distributed nature of the mesh network allows it to operate securely without a central authority. In turn, the mesh network is more adaptable and flexible. Link to Full Patent

This blockchain patent was originally filed on November 06, 2018  as U.S. Patent Application 16/182184 at the United Stated Patent and Trademark Office. The application was them awarded a patent grant and published as U.S. Patent 10636030. The primary examiner was Steven S Kim.

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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