Influential EXPERIAN INFORMATION SOLUTIONS, INC. Blockchain Patent – Symmetric encryption for private smart contracts among multiple parties in a private peer-to-peer network – US10735183

U.S. Patent 10735183 was awarded to EXPERIAN INFORMATION SOLUTIONS, INC. on August 04, 2020 and is entitled “Symmetric encryption for private smart contracts among multiple parties in a private peer-to-peer network.” The first named inventor is Vijay Mehta of Newport Beach, CA. The abstract contains an overview of the patent disclosure:

Features for providing a secure method of symmetric encryption for private smart contacts among multiple parties in a private peer-to-peer network. The features include a master key representing a unique blockchain ledger. The master key may be shared among multiple participants in a private peer-to-peer network. Sharing of the master key may include communicating the master key in an encrypted message (e.g., email) using public key infrastructure (PKI). In some implementations, more complex distribution features may be includes such as quantum entanglement. The features support instantiation of a smart contract using a specific master key. The request may be submitted as an entry to the ledger with appropriate metadata and/or payload information for identifying and processing the request. Link to Full Patent

This blockchain patent was originally filed on June 28, 2018  as U.S. Patent Application 16/022354 at the United Stated Patent and Trademark Office. The application was them awarded a patent grant and published as U.S. Patent 10735183. The primary examiner was Samson B Lemma.

EXPERIAN INFORMATION SOLUTIONS, INC., who is the original assignee of this patent, has at least 94 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.

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