Influential Nasdaq Technology AB Blockchain Patent – Systems and methods of secure provenance for distributed transaction databases – US10630485

U.S. Patent 10630485 was awarded to Nasdaq Technology AB on April 21, 2020 and is entitled “Systems and methods of secure provenance for distributed transaction databases.” The first named inventor is Alex Zinder of New York, NY. The abstract contains an overview of the patent disclosure:

An electronic resource tracking and storage computer system is provided that communicates with a distributed blockchain computing system that includes multiple computing nodes. The system includes a storage system, a transceiver, and a processing system. The storage system includes an resource repository and transaction repository that stores submitted blockchain transactions. A new resource issuance request is received, and a new resource is added to the resource repository in response. A new blockchain transaction is generated and published to the blockchain. In correspondence with publishing to the blockchain, the transaction storage is updated with information that makes up the blockchain transaction and some information that was not included as part of the blockchain transaction. The transaction storage is updated when the blockchain is determined to have validated the previously submitted blockchain transaction. Link to Full Patent

This blockchain patent was originally filed on September 21, 2018  as U.S. Patent Application 16/137595 at the United Stated Patent and Trademark Office. The application was them awarded a patent grant and published as U.S. Patent 10630485. The primary examiner was Ghazal B Shehni.

Nasdaq Technology AB, who is the original assignee of this patent, has at least 149 total granted patents in the United States as of the date of this article. This blockchain patent has been cited 1 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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