U.S. Patent 11068470 was awarded to Innoplexus AG on July 20, 2021 and is entitled “System and method for interoperability of blockchains.” The first named inventor is Abhijit Keskar of Pune, . The abstract contains an overview of the patent disclosure:

Disclosed herein is a system and method for interoperability of blockchains thereby allowing use of smart contracts across blockchains in real time and in a secured manner. A plurality of blockchains are connected to each other and allow use of smart contracts written on them by other connected blockchains without the need of rewriting and/or downloading the smart contract on other blockchain. The disclosed system and methods use a distributed file system storage for secured processing of information flowing from one blockchain to other connected blockchain. Further, each connected blockchain is associated with distinct private and public key in order to encrypt and decrypt the data flowing across blockchains. Link to Full Patent

This blockchain patent was originally filed on December 21, 2018  as U.S. Patent Application 16/229059 at the United Stated Patent and Trademark Office. The application was them awarded a patent grant and published as U.S. Patent 11068470. The primary examiner was Binh V Ho.

Innoplexus AG, who is the original assignee of this patent, has at least 38 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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