Influential INTERNATIONAL BUSINESS MACHINES CORPORATION Blockchain Patent – Changing an existing blockchain trust configuration – US11082291

U.S. Patent 11082291 was awarded to INTERNATIONAL BUSINESS MACHINES CORPORATION on August 03, 2021 and is entitled “Changing an existing blockchain trust configuration.” The first named inventor is Nitin Gaur of Round Rock, TX. The abstract contains an overview of the patent disclosure:

Operating conditions of a blockchain configuration may be dynamic and change automatically under certain circumstances. One example method of operation may include one or more of identifying an existing consensus procedure used in an existing blockchain configuration, identifying current metrics associated with the existing blockchain configuration, comparing the current metrics to predefined rules, identifying one or more deviations based on the current metrics being compared to the predefined rules, and changing the existing consensus procedure to a next consensus procedure for a subsequent block in the existing blockchain configuration responsive to identifying the one or more deviations. Link to Full Patent

This blockchain patent was originally filed on January 28, 2020  as U.S. Patent Application 16/775263 at the United Stated Patent and Trademark Office. The application was them awarded a patent grant and published as U.S. Patent 11082291. The primary examiner was Zi Ye.

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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