U.S. Patent 11170346 was awarded to SAP SE on November 09, 2021 and is entitled “Decentralized credentials verification network.” The first named inventor is Sanjay Shirole of Palo Alto, CA. The abstract contains an overview of the patent disclosure:
A credentials verification network utilizes blockchain technology to track/verify credentials for candidates that can later be used in the hiring verification process. As implemented by nodes of a distributed network, a candidate receives from a first network node a secure credential generated by a credentialing source from an original credential document. The first node processes the secure credential according to a security feature (e.g., hash function) to create a transaction, and assigns an identifier to the transaction. The first node signs the transaction with a private key to create a transaction signature. The first node sends the signed transaction to a central server that broadcasts the transaction to the blockchain network. Once the network has accepted the transaction, the candidate will be notified and handed over the raw text document and transaction receipt ID. The candidate can forward the information to a recruiter or potential employer running a second node. Link to Full Patent
This blockchain patent was originally filed on December 20, 2016 as U.S. Patent Application 15/385479 at the United Stated Patent and Trademark Office. The application was them awarded a patent grant and published as U.S. Patent 11170346. The assistant examiner was Yin Y Choi.
SAP SE, who is the original assignee of this patent, has at least 3844 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.
Select IP monitors top patents and patents which have been allowed and granted worldwide. We are experts in patent law with experience blockchain technology and IP law and intellectual property law as it pertains to blockchain technology and cryptocurrency patents. If you are interested in connecting with an IP law attorney or patent law attorney, please contact us via the contact form.
Patentability Searches – Determine the patentability of your inventions.
Freedom to Operate Searches & Opinions – Identify patents may give you potential infringement issues (including in the recording, communication or information retrieval equipment field).
Non-Infringement Opinions – Determine if your product infringes a competitor’s patent.
Patent Invalidity Searches & Opinions – Find prior art to invalidate a competitor’s patent.
U.S. Provisional Patent Applications – Receive cost-effective “patent pending” status for your invention.
U.S. Non-Provisional Patent Applications (Utility) – Apply for patent protection on the structural and functional aspects of your invention.
U.S. Design Patent Applications – Apply for patent protection on the ornamental appearance of your invention.