U.S. Patent 10795857 was awarded to INDUSTRIAL TECHNOLOGY RESEARCH INSTITUTE on October 06, 2020 and is entitled “Blockchain system and method thereof.” The first named inventor is Chia-Hui Lin of Dajia Township, . The abstract contains an overview of the patent disclosure:

A method includes the steps of: monitoring status information of a blockchain system; determining whether the status information meets a blockchain branch condition; when the status information matches the blockchain branch condition, writing a branch instruction to a selected block of the blockchain, wherein the branch instruction is configured to enable the blockchain to form a plurality of branches, and divide a plurality of blockchain devices in the blockchain system into a plurality of groups to verify the branches in parallel; and obtaining a maximum transmission delay time in the group, and deciding a new one to generate blocks of the first branch according to the maximum transmission delay time. Link to Full Patent

This blockchain patent was originally filed on September 19, 2018  as U.S. Patent Application 16/135739 at the United Stated Patent and Trademark Office. The application was them awarded a patent grant and published as U.S. Patent 10795857. The primary examiner was Tuan A Pham.

INDUSTRIAL TECHNOLOGY RESEARCH INSTITUTE, who is the original assignee of this patent, has at least 8288 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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