U.S. Patent 10305694 was awarded to MASTERCARD INTERNATIONAL INCORPORATED on May 28, 2019 and is entitled “Method and system for efficient distribution of configuration data utilizing permissioned blockchain technology.” The first named inventor is Steven Charles Davis of Saint Peters, MO. The abstract contains an overview of the patent disclosure:

A method for propagating configuration data using a blockchain includes: storing a blockchain comprised of a plurality of blocks, each being comprised of a block header having a timestamp and one or more configuration transactions; receiving one or more configuration data items; generating a new configuration transaction for each configuration data item; hashing a most recent block identified based on the timestamp included in the respective block header to generate a previous block hash value; hashing a combination of the new configuration transactions and/or data associated therewith to generate a current block hash value; generating a new block header, the new block header including a current timestamp, the previous block hash value, the current block hash value, and a digital signature; generating a new block comprised of the new block header and each new configuration transaction; and updating the blockchain by appending the new block. Link to Full Patent

This blockchain patent was originally filed on May 27, 2016  as U.S. Patent Application 15/166451 at the United Stated Patent and Trademark Office. The application was them awarded a patent grant and published as U.S. Patent 10305694. The primary examiner was Shawnchoy Rahman.

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 2 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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