Influential Northwestern University Blockchain Patent – System and method for reducing information volume in a blockchain distribution network – US11010736

U.S. Patent 11010736 was awarded to Northwestern University on May 18, 2021 and is entitled “System and method for reducing information volume in a blockchain distribution network.” The first named inventor is Aleksandar Kuzmanovic of Evanston, IL. The abstract contains an overview of the patent disclosure:

A server in a blockchain distribution network includes a processor and a transceiver operatively coupled to the processor. The transceiver is configured to receive a transaction from a peer node. The processor is configured to assign a transaction identifier to the transaction. The transceiver is configured to propagate the transaction identifier to one or more additional peer nodes and one or more additional servers in the blockchain distribution network. The transceiver is configured to receive bytes of a blockchain that represents a plurality of transactions. The blockchain includes the transaction identifier corresponding to the transaction. The transceiver is further configured to propagate the bytes of the blockchain to the one or more additional peer nodes and to the one or more additional servers in the blockchain distribution network. Link to Full Patent

This blockchain patent was originally filed on September 07, 2018  as U.S. Patent Application 16/124232 at the United Stated Patent and Trademark Office. The application was them awarded a patent grant and published as U.S. Patent 11010736. The primary examiner was David P Zarka.

Northwestern University, who is the original assignee of this patent, has at least 1632 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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