Influential INTERNATIONAL BUSINESS MACHINES CORPORATION Blockchain Patent – Authorizing multiparty blockchain transactions via one-time passwords – US11138608

U.S. Patent 11138608 was awarded to INTERNATIONAL BUSINESS MACHINES CORPORATION on October 05, 2021 and is entitled “Authorizing multiparty blockchain transactions via one-time passwords.” The first named inventor is Matthew Green of Canberra, . The abstract contains an overview of the patent disclosure:

An example operation may include one or more of creating a proposed transaction including one or more assets, transmitting the proposed transaction to a user device for authorization, receiving authorization from the user device via an asynchronous one-time password to authorize the proposed transaction, and creating a blockchain transaction including the asynchronous one-time password and content of the proposed transaction responsive to receiving the authorization. Link to Full Patent

This blockchain patent was originally filed on June 28, 2018  as U.S. Patent Application 16/021162 at the United Stated Patent and Trademark Office. The application was them awarded a patent grant and published as U.S. Patent 11138608. The primary examiner was John H. Holly.

INTERNATIONAL BUSINESS MACHINES CORPORATION, who is the original assignee of this patent, has at least 150818 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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