U.S. Patent 10158479 was awarded to Northern Trust Corporation on December 18, 2018 and is entitled “Systems and methods for generating, uploading and executing code blocks within distributed network nodes.” The first named inventor is Anthony Stevens of Herefordshire, . The abstract contains an overview of the patent disclosure:
Embodiments disclosed herein describe systems and methods for deploying a new code block on a blockchain. In an embodiment, an application server may provide a user with a graphical user interface (GUI) with contract components and document components. The application server may generate an assembled contract text based on the user selecting the contract and document components. The application server may determine the blockchain addresses or local addresses of smart contract components corresponding to the contract components and the documents components. The application server may generate a code block including references to the addresses of the smart contracts and the document components or containing the executable code itself and may deploy the code block to the latest valid blockchain. The application server may execute the smart contract in the code block based in response to a digital event trigger. Link to Full Patent
This blockchain patent was originally filed on December 18, 2017 as U.S. Patent Application 15/846012 at the United Stated Patent and Trademark Office. The application was them awarded a patent grant and published as U.S. Patent 10158479. The primary examiner was Ghazal B Shehni.
Northern Trust Corporation, who is the original assignee of this patent, has at least 5 total granted patents in the United States as of the date of this article. This blockchain patent has been cited 11 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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