U.S. Patent 10198949 was awarded to MASTERCARD INTERNATIONAL INCORPORATED on February 05, 2019 and is entitled “Method and system for parking verification via blockchain.” The first named inventor is William Joshua Becker of Manitowoc, WI. The abstract contains an overview of the patent disclosure:

A method for distributing parking availability data via blockchain includes: storing a blockchain comprised of a plurality of blocks, each block having a block header including a timestamp; receiving spot availability notifications including a common spot identifier and availability data; generating a transaction value including the common spot identifier and availability data; generating a new block header including i) a current timestamp, ii) a reference hash value generated via hashing of the block header included in a most recent block identified via the timestamp, and iii) a transaction hash value generated via hashing of the new transaction value; generating a new block comprised of the new block header and the new transaction value; and transmitting the generated new block. Link to Full Patent

This blockchain patent was originally filed on April 28, 2017  as U.S. Patent Application 15/581006 at the United Stated Patent and Trademark Office. The application was them awarded a patent grant and published as U.S. Patent 10198949. The primary examiner was Curtis King.

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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