U.S. Patent 11139957 was awarded to Telefonaktiebolaget LM Ericsson (Publ) on October 05, 2021 and is entitled “Method and apparatus for creating a finite blockchain.” The first named inventor is Harri Hakala of Turku, . The abstract contains an overview of the patent disclosure:
An apparatus and method for creating a finite blockchain is provided. The blockchain comprises a genesis block that is the first block of the blockchain. The genesis block comprising a genesis expiry time. The method comprises the steps of creating a reincarnation block when a predefined condition is satisfied and appending it to the blockchain; determining whether the genesis expiry time has elapsed based on an expiry period; if the genesis expiry time has elapsed then identifying a first reincarnation block; if the first reincarnation block is identified then deleting all the blocks preceding the first reincarnation block including the genesis block in the block chain. Link to Full Patent
This blockchain patent was originally filed on December 08, 2016 as U.S. Patent Application 16/466119 at the United Stated Patent and Trademark Office. The application was them awarded a patent grant and published as U.S. Patent 11139957. The primary examiner was Andrew J Steinle.
Telefonaktiebolaget LM Ericsson (Publ), who is the original assignee of this patent, has at least 19732 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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