U.S. Patent 10944560 was awarded to INTERNATIONAL BUSINESS MACHINES CORPORATION on March 09, 2021 and is entitled “Privacy-preserving identity asset exchange.” The first named inventor is KAPIL KUMAR SINGH of Cary, NC. The abstract contains an overview of the patent disclosure:

A processor-implemented method facilitates identity exchange in a decentralized setting. A first system performs a pseudonymous handshake with a second system that has created an identity asset that identifies an entity. The second system has transmitted the identity asset to a third system, which is a set of peer computers that support a blockchain that securely maintains a ledger of the identity asset. The first system transmits a set of pseudonyms to the third system, where the set of pseudonyms comprises a first pseudonym that identifies the first system, a second pseudonym that identifies a user of the second system, and a third pseudonym that identifies the third system. The first system receives the identity asset from the third system, which securely ensures a validity of the identity asset as identified by the first pseudonym, the second pseudonym, and the third pseudonym. Link to Full Patent

This blockchain patent was originally filed on August 02, 2018  as U.S. Patent Application 16/053189 at the United Stated Patent and Trademark Office. The application was them awarded a patent grant and published as U.S. Patent 10944560. The primary examiner was Joseph P Hirl.

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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