Influential MASTERCARD INTERNATIONAL INCORPORATED Blockchain Patent – Method and system for partitioned blockchains and enhanced privacy for permissioned blockchains – US10505717

U.S. Patent 10505717 was awarded to MASTERCARD INTERNATIONAL INCORPORATED on December 10, 2019 and is entitled “Method and system for partitioned blockchains and enhanced privacy for permissioned blockchains.” The first named inventor is Steven Charles Davis of Saint Peters, MO. The abstract contains an overview of the patent disclosure:

A method for generation of blocks for a partitioned blockchain includes: storing blocks comprising a partitioned blockchain, wherein each block includes a header and transaction entries; receiving transaction data entries for each of a plurality of subnets; generating a hash value of the header included in the most recently added block; generating a new block header, the new block header including the generated hash value, a timestamp, and a sequence of pairs including a pair for each of the plurality of subnets, each pair including a subnet identifier associated with the respective subnet and a merkle root of each of the transaction data entries received for the respective subnet; generating a new block, the new block including the generated new block header and the transaction data entries for each of the plurality of subnets; and transmitting the new block to a plurality of nodes associated with the partitioned blockchain. Link to Full Patent

This blockchain patent was originally filed on September 06, 2018  as U.S. Patent Application 16/123365 at the United Stated Patent and Trademark Office. The application was them awarded a patent grant and published as U.S. Patent 10505717. The primary examiner was Monjur Rahim.

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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