U.S. Patent 10762479 was awarded to SAMSUNG SDS CO., LTD. on September 01, 2020 and is entitled “Method and system for processing blockchain-based real-time transaction.” The first named inventor is Kyung Jin Kim of Cupertino, CA. The abstract contains an overview of the patent disclosure:

A blockchain-based method is described which is related to transferring electronic currency from a payer to a payee. In some embodiments, a first process, a second process and a third process are performed. The first process includes receiving a processing request for a target transaction from a terminal of a payer, and transferring the processing request to a first blockchain node among a plurality of blockchain nodes. When a verification result indicates that the target transaction is valid, the method proceeds to performing the second and third processes. The second process includes transferring electronic currency from an electronic wallet of the payer to an electronic wallet of the payee. The third process includes recording data for the target transaction in a new block, and spreading the new block over the blockchain network. In some embodiments, the second process and the third process are performed in parallel. Link to Full Patent

This blockchain patent was originally filed on March 30, 2018  as U.S. Patent Application 15/941517 at the United Stated Patent and Trademark Office. The application was them awarded a patent grant and published as U.S. Patent 10762479. The primary examiner was Sara C Hamilton.

SAMSUNG SDS CO., LTD., who is the original assignee of this patent, has at least 247 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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