U.S. Patent 11064004 was awarded to Infrared5, Inc. on July 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 October 16, 2018  as U.S. Patent Application 16/161264 at the United Stated Patent and Trademark Office. The application was them awarded a patent grant and published as U.S. Patent 11064004. 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.

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