U.S. Patent 11004101 was awarded to Couponco Ltd on May 11, 2021 and is entitled “Coupon system and methods using a blockchain.” The first named inventor is Greg Bandler of Toronto, . The abstract contains an overview of the patent disclosure:

A computer implemented electronic computer system using a blockchain method for creating, distributing, validating, and redeeming a secure electronic smartcoupon. A smartcoupon transaction record is highly secure and may comprise embedded business rules that define the requirements that consumers and retailers must meet for the smartcoupon to redeemed. Consumers may save or hold smartcoupons in a variety of different digital wallets. Retailers may redeem through their POS system by evaluating the embedded business rules in the smartcoupon against the consumer’s purchase basket and if valid, completing the redemption process by publishing a redemption token to smartcoupon transaction record on the Blockchain database. Link to Full Patent

This blockchain patent was originally filed on March 26, 2020  as U.S. Patent Application 16/830506 at the United Stated Patent and Trademark Office. The application was them awarded a patent grant and published as U.S. Patent 11004101. The primary examiner was Victoria E Frunzi.

Couponco Ltd, who is the original assignee of this patent, has at least 1 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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