U.S. Patent 11134120 was awarded to Inveniam Capital Partners, Inc. on September 28, 2021 and is entitled “Load balancing in blockchain environments.” The first named inventor is Paul Snow of Austin, TX. The abstract contains an overview of the patent disclosure:
Hardware and software resources are load balanced when processing multiple blockchains. As more and more entities (whether public or private) are expected to generate their own blockchains for verification, a server or other resource in a blockchain environment may be over utilized. For example, as banks, websites, and retailers issue their own private cryptocoinage, the number of financial transactions may clog or hog networking and/or hardware resources. A blockchain load balancing mechanism thus allocates resources among the multiple blockchains. Link to Full Patent
This blockchain patent was originally filed on May 18, 2018 as U.S. Patent Application 15/983595 at the United Stated Patent and Trademark Office. The application was them awarded a patent grant and published as U.S. Patent 11134120. The primary examiner was Oleg Survillo.
Inveniam Capital Partners, Inc., who is the original assignee of this patent, has at least 4 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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