U.S. Patent 10833861 was awarded to INTERNATIONAL BUSINESS MACHINES CORPORATION on November 10, 2020 and is entitled “Protection of confidentiality, privacy and ownership assurance in a blockchain based decentralized identity management system.” The first named inventor is Ashish Kundu of Elmsford, NY. The abstract contains an overview of the patent disclosure:

A processor-implemented method improves security in a blockchain network of devices by protecting security, privacy and ownership assurance of identity assets, where the blockchain network of devices supports a blockchain. An identity asset provider device establishes co-ownership of an identity asset for an identity asset provider and an entity. The identity asset provider device directs a first member of the blockchain network of devices to associate identities of the identity asset provider and the entity based on their co-ownership of the identity asset by using commitments between the identity asset provider and the entity and based on collaborative proof of ownership of the identity asset using zero knowledge proofs in the blockchain network of devices. Link to Full Patent

This blockchain patent was originally filed on November 28, 2017  as U.S. Patent Application 15/824405 at the United Stated Patent and Trademark Office. The application was them awarded a patent grant and published as U.S. Patent 10833861. The primary examiner was Mahfuzur Rahman.

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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