U.S. Patent 10979476 was awarded to Infrared5, Inc. on April 13, 2021 and is entitled “System and method for verifying and providing compensation for participation in real-time streaming of multimedia over a decentralized network.” The first named inventor is Chris Allen of Jamaica Plain, MA. The abstract contains an overview of the patent disclosure:

The present invention relates to systems and methods suitable for verifying and compensating nodes for streaming multimedia. In particular, the present invention relates to systems and methods that utilize a blockchain to verify and compensate devices for computational resources contributions when streaming multimedia over a decentralized network. Link to Full Patent

This blockchain patent was originally filed on April 16, 2018  as U.S. Patent Application 15/954318 at the United Stated Patent and Trademark Office. The application was them awarded a patent grant and published as U.S. Patent 10979476. The primary examiner was Viet D Vu.

Infrared5, Inc., who is the original assignee of this patent, has at least 4 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.

Select IP monitors top patents and patents which have been allowed and granted worldwide. We are experts in patent law with experience blockchain technology and IP law and intellectual property law as it pertains to blockchain technology and cryptocurrency patents. If you are interested in connecting with an IP law attorney or patent law attorney, please contact us via the contact form.

Patentability Searches – Determine the patentability of your inventions.
Freedom to Operate Searches & Opinions – Identify patents may give you potential infringement issues (including in the recording, communication or information retrieval equipment field).
Non-Infringement Opinions – Determine if your product infringes a competitor’s patent.
Patent Invalidity Searches & Opinions – Find prior art to invalidate a competitor’s patent.
U.S. Provisional Patent Applications – Receive cost-effective “patent pending” status for your invention.
U.S. Non-Provisional Patent Applications (Utility) – Apply for patent protection on the structural and functional aspects of your invention.
U.S. Design Patent Applications – Apply for patent protection on the ornamental appearance of your invention.