U.S. Patent 10355869 was awarded to INTERNATIONAL BUSINESS MACHINES CORPORATION on July 16, 2019 and is entitled “Private blockchain transaction management and termination.” The first named inventor is Jeffrey E. Bisti of New Paltz, NY. The abstract contains an overview of the patent disclosure:

A blockchain of transactions may be referenced for various purposes and may be later accessed for ledger verification. One example operation may include one or more of identifying a plurality of rules defining a temporary private blockchain, creating a private blockchain block comprising the plurality of rules defining the temporary private blockchain, transmitting an update to a private blockchain block, and designating the temporary private blockchain closed responsive to receiving the update. Link to Full Patent

This blockchain patent was originally filed on January 12, 2017  as U.S. Patent Application 15/404777 at the United Stated Patent and Trademark Office. The application was them awarded a patent grant and published as U.S. Patent 10355869. The primary examiner was Malcolm Cribbs.

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 4 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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