U.S. Patent 11100501 was awarded to KPMG LLP on August 24, 2021 and is entitled “Modular, configurable smart contracts for blockchain transactions.” The first named inventor is Noah Leuthaeuser of Denver, CO. The abstract contains an overview of the patent disclosure:

The invention relates to systems and methods for providing modular and configurable smart contracts for blockchain applications. The smart contracts may be utilized to retain all transaction attribute values in a world state database of the blockchain-implemented ledger. The systems and methods can further provide for dynamically configurable validation metadata and validation rules for transaction attributes recorded on a blockchain transaction log. The validation metadata and validation rules corresponding to the transaction attributes can be dynamically updated and applied to the transaction attributes to validate or invalidate a transaction. Link to Full Patent

This blockchain patent was originally filed on May 22, 2020  as U.S. Patent Application 16/881157 at the United Stated Patent and Trademark Office. The application was them awarded a patent grant and published as U.S. Patent 11100501. The assistant examiner was Cristina Owen Sherr.

KPMG LLP, who is the original assignee of this patent, has at least 16 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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