U.S. Patent 11093924 was awarded to MASTERCARD INTERNATIONAL INCORPORATED on August 17, 2021 and is entitled “Method and system for verification of device authenticity.” The first named inventor is Ankur Arora of New Delhi, . The abstract contains an overview of the patent disclosure:

A method for determining authenticity of a point of sale device includes: storing a blockchain and point of sale identifier pair, wherein the blockchain is comprised of a plurality of blocks, each comprised of a block header and transaction data values, each transaction data value corresponding to a payment transaction involving a point of sale device associated with the point of sale identifier and includes an indication of approval or denial for the payment transaction; receiving a fraud probability request, the request including the point of sale identifier; identifying a number of transaction data values that include an indication of denial; determine an authenticity value indicating a likelihood that the point of sale device is engaged in fraudulent activity based on a registered latitude and longitude of the point of sale device, the number of transaction data values, and additional criteria; and transmitting the determined authenticity value. Link to Full Patent

This blockchain patent was originally filed on July 31, 2017  as U.S. Patent Application 15/664302 at the United Stated Patent and Trademark Office. The application was them awarded a patent grant and published as U.S. Patent 11093924. The primary examiner was A. Hunter Wilder.

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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