Influential INTERNATIONAL BUSINESS MACHINES CORPORATION Blockchain Patent – Selective exchange of transaction data – US10917233

U.S. Patent 10917233 was awarded to INTERNATIONAL BUSINESS MACHINES CORPORATION on February 09, 2021 and is entitled “Selective exchange of transaction data.” The first named inventor is Praveen Jayachandran of Bangalore, . The abstract contains an overview of the patent disclosure:

An example operation may include one or more of generating, by a transaction initiator peer, a key pair for a transaction on a blockchain, querying, by the transaction initiator peer, a built-in account manager to discover webhooks of a plurality of blockchain peers, comparing, by the transaction initiator peer, query results from the plurality of the blockchain peers to ensure consistency, encrypting, by the transaction initiator peer, a transaction data with a key of the key pair based on the ensured consistency of the query results, committing, by the transaction initiator peer, the transaction data to the blockchain, and in response to a successful commitment of the transaction data, instantiating, by the transaction initiator peer, a client application executed on the transaction initiator peer to post a decryption key for the transaction data to webhook URLs of the plurality of the blockchain peers. Link to Full Patent

This blockchain patent was originally filed on October 16, 2018  as U.S. Patent Application 16/161972 at the United Stated Patent and Trademark Office. The application was them awarded a patent grant and published as U.S. Patent 10917233. The primary examiner was Piotr Poltorak.

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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