Influential MASTERCARD INTERNATIONAL INCORPORATED Blockchain Patent – Method and system for travel itinerary bidding via blockchain – US10679152

U.S. Patent 10679152 was awarded to MASTERCARD INTERNATIONAL INCORPORATED on June 09, 2020 and is entitled “Method and system for travel itinerary bidding via blockchain.” The first named inventor is Ankur Arora of New Delhi, . The abstract contains an overview of the patent disclosure:

A method for processing travel bids via blockchain includes: receiving an itinerary request including a travel itinerary comprised of reservation requests, each reservation request including a type identifier and reservation details; transmitting a blockchain transaction to a blockchain network for each reservation requests, the transaction including the reservation details and a unique identifier; receiving merchant bid for each reservation request, wherein each merchant bid includes a bid amount and additional bidding details; identifying a winning bid for each reservation request based on the bid amount and additional bidding details included in each corresponding merchant bid; and transmitting a new blockchain transaction to the blockchain network for each reservation request, wherein the blockchain transaction includes the unique identifier and indicates unavailability of the corresponding reservation request. Link to Full Patent

This blockchain patent was originally filed on December 06, 2016  as U.S. Patent Application 15/370657 at the United Stated Patent and Trademark Office. The application was them awarded a patent grant and published as U.S. Patent 10679152. The primary examiner was Paul Danneman.

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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