Influential INTERNATIONAL BUSINESS MACHINES CORPORATION Blockchain Patent – On-chain governance of blockchain – US11165826

U.S. Patent 11165826 was awarded to INTERNATIONAL BUSINESS MACHINES CORPORATION on November 02, 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 generating a data block for a hash-linked chain of blocks stored on a distributed ledger and accessible to a plurality of computing nodes of a blockchain network, storing governance policies within the data block, the governance polices governing interaction with the hash-linked chain of blocks, and transmitting the generated data block with the encoded governance policies therein to a plurality of peer nodes of the distributed ledger. Link to Full Patent

This blockchain patent was originally filed on July 02, 2018  as U.S. Patent Application 16/025342 at the United Stated Patent and Trademark Office. The application was them awarded a patent grant and published as U.S. Patent 11165826. The assistant examiner was Suman Debnath.

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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