U.S. Patent 11048689 was awarded to INTERNATIONAL BUSINESS MACHINES CORPORATION on June 29, 2021 and is entitled “Consensus transaction scheduler.” The first named inventor is Nitin Gaur of Round Rock, TX. The abstract contains an overview of the patent disclosure:

An example operation may include one or more of connecting, by a scheduler node, to a blockchain network comprised of member nodes, receiving, by the scheduler node, a plurality of transactions that include deadlines from the member nodes, comparing, by the scheduler node, the deadlines of the plurality of the transactions against an average time to append to a ledger (ATAL) pre-calculated for the scheduler node, dropping, by the scheduler node, the transactions of the plurality of the transactions, if a sum of the ATAL and a current time is larger than the deadlines of the plurality of the transactions, calculating, by the scheduler node, a priority usage balance (PUB) for the member nodes based on the transactions of the plurality of transactions remaining after the transactions of the plurality of the transactions have been dropped, scheduling, by the scheduler node, a transaction with an earliest deadline from the plurality of the remaining transactions to be validated first for an execution, and arranging, by the scheduler node, a validation order for the plurality of the remaining transactions based on the PUBs. Link to Full Patent

This blockchain patent was originally filed on November 08, 2018  as U.S. Patent Application 16/184144 at the United Stated Patent and Trademark Office. The application was them awarded a patent grant and published as U.S. Patent 11048689. The primary examiner was Eliyah S. Harper.

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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