Influential INTERNATIONAL BUSINESS MACHINES CORPORATION Blockchain Patent – Granting access to a blockchain ledger – US10885590

U.S. Patent 10885590 was awarded to INTERNATIONAL BUSINESS MACHINES CORPORATION on January 05, 2021 and is entitled “Granting access to a blockchain ledger.” The first named inventor is Gandhi Sivakumar of Melbourne, . The abstract contains an overview of the patent disclosure:

Approaches presented herein enable automatically fulfilling an obligation under a smart contract. A block is added to a blockchain ledger in response to an event that triggers the obligation. The block includes data related to the event. Inferences related to the event are derived based on an analysis of event data and historical data incorporated in prior blocks in the blockchain ledger. Based on the inferences, a potential cause of the event is derived. Based on the potential cause, an interested stakeholder to the fulfilling of the obligation is identified. The interested stakeholder is added to a group that is allowed access to the blockchain ledger corresponding to the smart contract. Link to Full Patent

This blockchain patent was originally filed on April 04, 2018  as U.S. Patent Application 15/944866 at the United Stated Patent and Trademark Office. The application was them awarded a patent grant and published as U.S. Patent 10885590. The primary examiner was Sara C Hamilton.

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 1 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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