U.S. Patent 10796329 was awarded to MASTERCARD INTERNATIONAL INCORPORATED on October 06, 2020 and is entitled “Method and system for authentication of coupons via blockchain.” The first named inventor is Ankur Arora of New Delhi, . The abstract contains an overview of the patent disclosure:

A method for authentication of coupons using a blockchain includes: storing transaction data for a payment transaction, wherein the transaction data includes at least a transaction amount; receiving an identification value; receiving a block included in a blockchain, wherein the block includes at least a block header and a plurality of transaction values, each transaction value including at least a coupon identifier and coupon data; executing a query on the received block to identify a specific transaction value of the plurality of transaction values where the included coupon identifier corresponds to the received identification value; and executing a query on the memory to update at least the transaction amount included in the stored transaction data based on the coupon data included in the identified specific transaction value. Link to Full Patent

This blockchain patent was originally filed on November 29, 2016  as U.S. Patent Application 15/363110 at the United Stated Patent and Trademark Office. The application was them awarded a patent grant and published as U.S. Patent 10796329. The primary examiner was Daniel M Sorkowitz.

MASTERCARD INTERNATIONAL INCORPORATED, who is the original assignee of this patent, has at least 1445 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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