U.S. Patent 11182786 was awarded to Capital One Services, LLC on November 23, 2021 and is entitled “System and method for processing secure transactions using account-transferable transaction cards.” The first named inventor is Jeremy Goodsitt of Champaign, IL. The abstract contains an overview of the patent disclosure:

In a method for activating account-variable transaction cards having private and public card encryption keys stored therein, private and public personal keys are associated with an account and transmitted to an account holder device. A request for activation of an account-variable transaction card is received by a central processor from the user device. The request includes information encrypted using at least the private personal key and the private card key. The central processor associates an account function with the account-variable transaction card and initiates via a first node in a distributed consensus network, an account blockchain associated with the account and the account-variable transaction card. Link to Full Patent

This blockchain patent was originally filed on January 29, 2020  as U.S. Patent Application 16/775366 at the United Stated Patent and Trademark Office. The application was them awarded a patent grant and published as U.S. Patent 11182786. The primary examiner was Vincent I Idiake.

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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