U.S. Patent 10909534 was awarded to PRORTUS on February 02, 2021 and is entitled “Cryptocurrency with value based on electronic resources made available to peer nodes.” The first named inventor is Pawel Cichocki of Warsaw, . The abstract contains an overview of the patent disclosure:

Methods and systems are presented for a cryptocurrency based on distributed ledger (such as blockchain) technology, where a currency emission mechanism is tied to providing useful electronic resources such as computational power, storage, or connectivity to other nodes of the network, effectively creating a distributed computational cloud or supercomputer. Such resources may be provided in a secure (in case of computation sandboxed) environment in order to provide security for the nodes providing the resource. Stored data chunks may be encrypted in order to prevent the storage nodes from accessing the information. Resources may be provided on a non-exclusive basis, with a certain degree of redundancy to assure the nodes requesting the service about its integrity. The present disclosures allow free trading of electronic resources, and have a cryptocurrency that has its value associated with them, effectively building a supercomputer or a cloud where the nodes are rewarded monetarily for their participation. Link to Full Patent

This blockchain patent was originally filed on February 08, 2018  as U.S. Patent Application 15/892324 at the United Stated Patent and Trademark Office. The application was them awarded a patent grant and published as U.S. Patent 10909534. The primary examiner was James D Nigh.

PRORTUS, who is the original assignee of this patent, has at least 1 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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