U.S. Patent 10880075 was awarded to MASTERCARD INTERNATIONAL INCORPORATED on December 29, 2020 and is entitled “Method and system for fast tracking navigation of blockchains via data manipulation.” The first named inventor is David King of Menlo Park, CA. The abstract contains an overview of the patent disclosure:
A method for generating a blockchain configured for fast navigation includes: storing a blockchain comprised of a plurality of blocks, each block including a header comprised of a fast track flag, fast track reference, timestamp, and hash value, where the plurality of blocks includes standard blocks having a deactivated fast track flag and fast track blocks having an activated fast track flag; identifying a most recent fast track block based on the timestamp in the fast track blocks; identifying a most recent overall block based on the timestamp included in the plurality of blocks; generating a fast track hash value via hashing the most recent fast track block; generating a chain hash value via hashing the most recent overall block; and writing a new block to the blockchain including a block header comprised of a timestamp, activated fast track flag, the fast track hash value, and the chain hash value. Link to Full Patent
This blockchain patent was originally filed on June 17, 2019 as U.S. Patent Application 16/443201 at the United Stated Patent and Trademark Office. The application was them awarded a patent grant and published as U.S. Patent 10880075. The assistant examiner was Amie C. Lin.
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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