U.S. Patent 10601665 was awarded to INTERNATIONAL BUSINESS MACHINES CORPORATION on March 24, 2020 and is entitled “Using blockchain smart contracts to manage dynamic data usage requirements.” The first named inventor is Luis Angel D. Bathen of Placentia, CA. The abstract contains an overview of the patent disclosure:

An example operation may include one or more of identifying one or more data volume management policies from a plurality of different parties, storing the one or more data volume management policies in a smart contract stored on a blockchain, identifying one or more data access thresholds being exceeded on a network, modifying an operating status of the network based on the one or more policies and the one or more data access thresholds being exceeded, and storing the modified operating status in the blockchain. Link to Full Patent

This blockchain patent was originally filed on July 26, 2017  as U.S. Patent Application 15/659671 at the United Stated Patent and Trademark Office. The application was them awarded a patent grant and published as U.S. Patent 10601665. The primary examiner was Frantz Coby.

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 1 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.

Select IP monitors top patents and patents which have been allowed and granted worldwide. We are experts in patent law with experience blockchain technology and IP law and intellectual property law as it pertains to blockchain technology and cryptocurrency patents. If you are interested in connecting with an IP law attorney or patent law attorney, please contact us via the contact form.

Patentability Searches – Determine the patentability of your inventions.
Freedom to Operate Searches & Opinions – Identify patents may give you potential infringement issues (including in the recording, communication or information retrieval equipment field).
Non-Infringement Opinions – Determine if your product infringes a competitor’s patent.
Patent Invalidity Searches & Opinions – Find prior art to invalidate a competitor’s patent.
U.S. Provisional Patent Applications – Receive cost-effective “patent pending” status for your invention.
U.S. Non-Provisional Patent Applications (Utility) – Apply for patent protection on the structural and functional aspects of your invention.
U.S. Design Patent Applications – Apply for patent protection on the ornamental appearance of your invention.