U.S. Patent 10963881 was awarded to MASTERCARD INTERNATIONAL INCORPORATED on March 30, 2021 and is entitled “Method and system for fraud control of blockchain-based transactions.” The first named inventor is Steven Charles Davis of Saint Peters, MO. The abstract contains an overview of the patent disclosure:

A method for linking blockchain transactions to privately verified identities includes: storing account profiles, each profile including data related to a transaction account including an account identifier and account data; receiving a transaction message, the message including a first data element configured to store a personal account number, a second data element configured to store a merchant identifier, and a third data element configured to store a blockchain network identifier; identifying a first account profile that includes the personal account number; identifying a second account profile that includes the merchant identifier; receiving a transaction notification, the notification indicating a transaction processed using a blockchain network associated with the blockchain network identifier and including a transaction identifier and an address identifier associated with the first or second account profile; and storing a linkage between the transaction identifier and the address identifier, the personal account number, and/or the merchant identifier. Link to Full Patent

This blockchain patent was originally filed on May 21, 2015  as U.S. Patent Application 14/719030 at the United Stated Patent and Trademark Office. The application was them awarded a patent grant and published as U.S. Patent 10963881. The primary examiner was Steven S Kim.

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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