Influential CISCO TECHNOLOGY, INC. Blockchain Patent – Consumption-based licensing of network features based on blockchain transactions – US10680915

U.S. Patent 10680915 was awarded to CISCO TECHNOLOGY, INC. on June 09, 2020 and is entitled “Consumption-based licensing of network features based on blockchain transactions.” The first named inventor is David C. White, Jr. of St. Petersburg, FL. The abstract contains an overview of the patent disclosure:

Consumption-based licensing of network features based on blockchained transactions includes receiving, at a server having connectivity to a network including a plurality of network devices, a request from a particular network device of the plurality of network devices for a feature that is licensed in the network on a per-use basis. Feature-specific key blockchain elements and a feature-specific template are generated for the feature and at least one message that includes the feature-specific key blockchain elements and the feature-specific template is sent to the particular network device. The message enables the plurality of network devices to generate one or more blockchain transactions related to consumption of the feature when a usage interval associated with the feature expires. Link to Full Patent

This blockchain patent was originally filed on March 29, 2017  as U.S. Patent Application 15/472849 at the United Stated Patent and Trademark Office. The application was them awarded a patent grant and published as U.S. Patent 10680915. The primary examiner was Shirley X Zhang.

CISCO TECHNOLOGY, INC., who is the original assignee of this patent, has at least 16856 total granted patents in the United States as of the date of this article. This blockchain patent has been cited 3 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.

Select IP monitors top patents and patents which have been allowed and granted worldwide. We are experts in patent law with experience blockchain technology and IP law and intellectual property law as it pertains to blockchain technology and cryptocurrency patents. If you are interested in connecting with an IP law attorney or patent law attorney, please contact us via the contact form.

Patentability Searches – Determine the patentability of your inventions.
Freedom to Operate Searches & Opinions – Identify patents may give you potential infringement issues (including in the recording, communication or information retrieval equipment field).
Non-Infringement Opinions – Determine if your product infringes a competitor’s patent.
Patent Invalidity Searches & Opinions – Find prior art to invalidate a competitor’s patent.
U.S. Provisional Patent Applications – Receive cost-effective “patent pending” status for your invention.
U.S. Non-Provisional Patent Applications (Utility) – Apply for patent protection on the structural and functional aspects of your invention.
U.S. Design Patent Applications – Apply for patent protection on the ornamental appearance of your invention.