Influential INTERNATIONAL BUSINESS MACHINES CORPORATION Blockchain Patent – On-chain governance of blockchain – US11095433

U.S. Patent 11095433 was awarded to INTERNATIONAL BUSINESS MACHINES CORPORATION on August 17, 2021 and is entitled “On-chain governance of blockchain.” The first named inventor is Gennaro A. Cuomo of Durham, NC. The abstract contains an overview of the patent disclosure:

An example operation may include one or more of receiving a request to modify a governance policy of a blockchain, identifying a principal identity that controls the governance policy, determining an allowable combination of signatures of the principal identity required for modifying the governance policy based on a graph data structure storing signature policies for endorsing modifications to governance policies, and modifying the governance policy of the blockchain based on the request in response to an allowable combination of signatures being received. Link to Full Patent

This blockchain patent was originally filed on July 02, 2018  as U.S. Patent Application 16/025535 at the United Stated Patent and Trademark Office. The application was them awarded a patent grant and published as U.S. Patent 11095433. The primary examiner was Nelson S. Giddins.

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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