U.S. Patent 11126613 was awarded to Duvon Corporation on September 21, 2021 and is entitled “Autonomous exchange via entrusted ledger immutable distributed database.” The first named inventor is Anthony Tan of Las Vegas, NV. The abstract contains an overview of the patent disclosure:

An Autonomous Exchange via Entrusted Ledger (AXEL) blockchain is discussed herein. The AXEL blockchain enables users to perform transactions in a private setting while enabling the transaction records thereof to be verified by other network users without publicly divulging the contents or details of the transaction records. The token identification system and method allows the tokens to carry an immutable identification to prevent negative blockchain occurrences such as double spending. A payment methodology allowing integration of external financial institutions with user owned and managed wallet. The AXEL blockchain can also interface with and utilize a distributed database to create an immutable record of each transaction while providing a complete backup of the transactions that occur within the system and on the AXEL blockchain. Link to Full Patent

This blockchain patent was originally filed on February 08, 2019  as U.S. Patent Application 16/271694 at the United Stated Patent and Trademark Office. The application was them awarded a patent grant and published as U.S. Patent 11126613. The primary examiner was Malcolm Cribbs.

Duvon Corporation, who is the original assignee of this patent, has at least 9 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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