Influential INTERNATIONAL BUSINESS MACHINES CORPORATION Blockchain Patent – System and method to dynamically setup a private sub-blockchain based on agility of transaction processing – US10657526

U.S. Patent 10657526 was awarded to INTERNATIONAL BUSINESS MACHINES CORPORATION on May 19, 2020 and is entitled “System and method to dynamically setup a private sub-blockchain based on agility of transaction processing.” The first named inventor is Nitin Gaur of Round Rock, TX. The abstract contains an overview of the patent disclosure:

The creation of a private sub-blockchain from a main blockchain is disclosed including receiving a request including a trust requirement and an agility requirement, receiving monitoring data from at least one of a plurality of validator nodes of the main blockchain, the monitoring data generated by monitoring the execution of transactions and the exchange of consensus messages by one or more of the plurality of validator nodes, determining a minimum number of validator nodes required to meet the trust requirement, identifying a subset of the plurality of validator nodes of the main blockchain that meets the agility requirement based on the received monitoring data, the subset containing at least the determined minimum number of validator nodes required to meet the trust requirement, and creating a private sub-blockchain of the main blockchain, the private sub-blockchain including the identified subset of the plurality of validator nodes of the main blockchain. Link to Full Patent

This blockchain patent was originally filed on October 28, 2016  as U.S. Patent Application 15/337857 at the United Stated Patent and Trademark Office. The application was them awarded a patent grant and published as U.S. Patent 10657526. The primary examiner was James D Nigh.

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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