Influential PokitDok, Inc. Blockchain Patent – System and method for cryptographically verified data driven contracts – US10108954

U.S. Patent 10108954 was awarded to PokitDok, Inc. on October 23, 2018 and is entitled “System and method for cryptographically verified data driven contracts.” The first named inventor is Theodore C. Tanner, Jr. of San Mateo, CA. The abstract contains an overview of the patent disclosure:

A system and method are disclosed that methodologies concerning cryptographically verified blockchain-based contract data inputs and off-chain side-effects. The system and method provide a deterministic and cryptographically verifiable chain of transactions, recorded on a blockchain (distributed ledger) system. This system provides an irrefutable public accounting of the transactions involved in incorporating on-chain contract execution with off-chain data and side-effects (resource actions). Link to Full Patent

This blockchain patent was originally filed on August 15, 2016  as U.S. Patent Application 15/237415 at the United Stated Patent and Trademark Office. The application was them awarded a patent grant and published as U.S. Patent 10108954. The primary examiner was Hiep V Nguyen.

PokitDok, Inc., 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 16 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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