Influential SAP SE Blockchain Patent – Decentralized credentials verification network – US11170346

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.

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