Influential LiquidApps Ltd Blockchain Patent – Systems and method for managing memory resources used by smart contracts of a blockchain – US11068316

U.S. Patent 11068316 was awarded to LiquidApps Ltd on July 20, 2021 and is entitled “Systems and method for managing memory resources used by smart contracts of a blockchain.” The first named inventor is Guy Ben Artzi of Rishpon, . The abstract contains an overview of the patent disclosure:

There is provided a system, comprising: a hardware processor(s) executing a code for: receiving a request to identify data for execution of action(s) in a limited allocated memory resource (LAMR) of a blockchain storage system, the LAMR defining storage space for storing data of smart contracts, when the requested data is not found in the LAMR, acquiring a cryptographic proof of the requested data from the LAMR, using the cryptographic proof for acquiring a copy of the requested data from a virtual allocated memory resource (VAMR), storing the copy of the requested data in the LAMR for performing the action(s) by the blockchain storage system using the stored copy, the performance of the action(s) updates the stored copy in the LAMR, replacing the cryptographic proof with a new cryptographic proof created by processing the updated stored copy in the LAMR, and storing the updated stored copy in the VAMR. Link to Full Patent

This blockchain patent was originally filed on December 24, 2018  as U.S. Patent Application 16/231664 at the United Stated Patent and Trademark Office. The application was them awarded a patent grant and published as U.S. Patent 11068316. The primary examiner was Meng Ai T An.

LiquidApps Ltd, who is the original assignee of this patent, has at least 1 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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