U.S. Patent 11068888 was awarded to Countia, LLC. on July 20, 2021 and is entitled “Value-transfer payment system.” The first named inventor is Shams Khan of Wesley Chapel, FL. The abstract contains an overview of the patent disclosure:

A value-transfer payment system, having an electronic device, an operations center, a blockchain, a decentralized mesh networking, and an identification confidence-based system. The blockchain is associated to the decentralized mesh networking to define an immutable and decentralized platform that allows users to transfer funds. The electronic device is a computer device or a teller machine. The blockchain associated with the decentralized mesh networking is accessed via Internet with the computer device through a central website, mobile applications, or through third-party website/mobile applications or through the teller machine. The decentralized mesh networking has a plurality of nodes operatively associated to each other. The value-transfer payment system works in rural locations through the decentralized mesh networking, whereby the users are allowed for transfer the funds with or without the availability of traditional dial-up, broadband, or wireless Internet connectivity. Link to Full Patent

This blockchain patent was originally filed on February 06, 2019  as U.S. Patent Application 16/268655 at the United Stated Patent and Trademark Office. The application was them awarded a patent grant and published as U.S. Patent 11068888. The primary examiner was Kenneth Bartley.

Countia, LLC., who is the original assignee of this patent, has at least 2 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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