U.S. Patent 11170371 was awarded to NEC CORPORATION on November 09, 2021 and is entitled “Method for managing data in a network of nodes.” The first named inventor is Ghassan Karame of Heidelberg, . The abstract contains an overview of the patent disclosure:

A method for managing data in a decentralized blockchain consensus network of nodes interrelated with each other according to a tree-like structure includes publishing, by a root node, a product contract description for a new product, the product contract description including at least product information and product state information. The method further includes generating, by the root node, at least one product item for the new product by publishing a product item contract including at least item identification information, the product contract for the item, item state information, and valid modifier information for information of at least one node to be able to modify the item state. The method also includes updating, by the root node upon generating a new item for a product, the product contract description by including item information into the product contract description. Link to Full Patent

This blockchain patent was originally filed on March 03, 2016  as U.S. Patent Application 16/081035 at the United Stated Patent and Trademark Office. The application was them awarded a patent grant and published as U.S. Patent 11170371. The primary examiner was Neha Patel.

NEC CORPORATION, who is the original assignee of this patent, has at least 32150 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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