U.S. Patent 11210372 was awarded to nChain Holdings Limited on December 28, 2021 and is entitled “Method and system for verifying ownership of a digital asset using a distributed hash table and a peer-to-peer distributed ledger.” The first named inventor is Craig Steven Wright of London, . The abstract contains an overview of the patent disclosure:

A computer-implemented method (600) and system (1) for verifying ownership of a computer software for installation using a distributed hash table (13) and a peer-to-peer distributed ledger (14). This may be the Bitcoin blockchain or an alternative blockchain implementation. The method includes determining (610) a second user public key associated with a second user (24) from a transaction record stored on the peer-to-peer distributed ledger (14). A second public key associated with the second user may be determined (620) from an entry on the distributed hash table (13). The method further includes comparing (630) the second user public key and the second public key, and verifying (640) the ownership of the computer software based on the comparing of the second user public key and the second public key. Link to Full Patent

This blockchain patent was originally filed on May 12, 2017  as U.S. Patent Application 16/300514 at the United Stated Patent and Trademark Office. The application was them awarded a patent grant and published as U.S. Patent 11210372. The primary examiner was Neha Patel.

nChain Holdings Limited, who is the original assignee of this patent, has at least 18 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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