Influential Hewlett-Packard Development Company, L.P. Blockchain Patent – System and method of decentralized management of multi-owner nodes using blockchain – US11010370

U.S. Patent 11010370 was awarded to Hewlett-Packard Development Company, L.P. on May 18, 2021 and is entitled “System and method of decentralized management of multi-owner nodes using blockchain.” The first named inventor is Ravi Sarveswara of Bangalore, . The abstract contains an overview of the patent disclosure:

The disclosure relates to decentralized management of nodes in a blockchain network. Participants may agree to a consensus rules and implement them as smart contracts. For example, one rule may specify that a node will accept a change proposal only when its local policies and/or data allow it to implement the change. A smart contract may implement this rule and deploy it across the blockchain network for each node to follow. Other participants, through their nodes, may propose changes to the blockchain network, and each node may consult its copy of the smart contract to determine whether to vote to approve the change request and apply the change request locally. Link to Full Patent

This blockchain patent was originally filed on October 25, 2018  as U.S. Patent Application 16/171288 at the United Stated Patent and Trademark Office. The application was them awarded a patent grant and published as U.S. Patent 11010370. The primary examiner was Ajith Jacob.

Hewlett-Packard Development Company, L.P., who is the original assignee of this patent, has at least 37773 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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