U.S. Patent 10936552 was awarded to INTERNATIONAL BUSINESS MACHINES CORPORATION on March 02, 2021 and is entitled “Performing bilateral negotiations on a blockchain.” The first named inventor is Matthias Neugschwandtner of Rueschlikon, . The abstract contains an overview of the patent disclosure:

An example operation may include one or more of determining a proposal associated with a first blockchain member and a second blockchain member is present in a pending notification stored on a blockchain, invoking a receiving function of a smart contract, receiving a private key from the second blockchain member to access the proposal stored in the blockchain, retrieving all pending notifications in the blockchain, and iterating decryption attempts, using the private key, over all blockchain transactions including the pending notifications to determine whether any of the pending notifications include the proposal for the second blockchain member. Link to Full Patent

This blockchain patent was originally filed on September 06, 2018  as U.S. Patent Application 16/123201 at the United Stated Patent and Trademark Office. The application was them awarded a patent grant and published as U.S. Patent 10936552. The primary examiner was Michael R Vaughan.

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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