U.S. Patent 11018851 was awarded to PAYPAL, INC. on May 25, 2021 and is entitled “Multi-blockchain digital transaction information segregation system.” The first named inventor is Pankaj Sarin of New Delhi, . The abstract contains an overview of the patent disclosure:

The systems and methods of the multi-blockchain transaction information segregation system of the present disclosure receive a first digital transaction, which includes first digital transaction information and second digital transaction information, through a network via broadcast by a first transaction device. A primary blockchain address provided on a primary blockchain is then identified in the first digital transaction, and a primary blockchain smart contract that is stored on the primary blockchain in association with the primary blockchain address is accessed. The primary blockchain smart contract is then executed to cause the first digital transaction information to be stored on the primary blockchain, and the second digital transaction information to be stored on a secondary blockchain that is separate from the primary blockchain. In a specific example, the first digital transaction information identifies a physical property, and the second digital transaction information identifies a purchase price of the physical property. Link to Full Patent

This blockchain patent was originally filed on August 23, 2018  as U.S. Patent Application 16/110771 at the United Stated Patent and Trademark Office. The application was them awarded a patent grant and published as U.S. Patent 11018851. The primary examiner was Cheng-Feng Huang.

PAYPAL, INC., who is the original assignee of this patent, has at least 1571 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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