U.S. Patent 11138658 was awarded to Ranieri IP, LLC on October 05, 2021 and is entitled “Methods and apparatus for mortgage loan securitization based upon blockchain verified ledger entries.” The first named inventor is Richard Sheridan Collins of New York, NY. The abstract contains an overview of the patent disclosure:

Apparatus and methods for aggregating Mortgage Loans based upon servicing records verified via a blockchain distributed ledger. The Blockchain is distributed to Participants in the Loan, such as the Borrowers, Regulators, Servicers, and Vendors. Participants may submit an aggregation criteria, such as for example a criteria used for selecting loans to be included in a securitization pool. The present disclosure further provides a method for homogenizing a variety of loan criteria and memorializing execution of a smart contract on the Blockchain. Link to Full Patent

This blockchain patent was originally filed on December 10, 2020  as U.S. Patent Application 17/117929 at the United Stated Patent and Trademark Office. The application was them awarded a patent grant and published as U.S. Patent 11138658. The primary examiner was Abdulmajeed Aziz.

Ranieri IP, LLC, who is the original assignee of this patent, has at least 3 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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