U.S. Patent 10496633 was awarded to THE BANK OF NEW YORK MELLON on December 03, 2019 and is entitled “Ensuring data integrity of executed transactions.” The first named inventor is Vadim Pertsovskiy of Chicago, IL. The abstract contains an overview of the patent disclosure:

A central service provider manages a blockchain network that writes the cryptographic hash of each executed transaction in a block to the blockchain network. For each executed transaction, the central service provider generates and transmits a transaction receipt such that a party can verify that the transaction was appropriately executed. Additionally, a party can check that the party’s records are correct by providing transaction data describing details of transactions recorded in the party’s records to the central service provider. The central service provider verifies the party’s records by comparing the transaction data in the party’s records to the blocks of transaction records in the blockchain network. In some scenarios, the central service provider may identify or receive an identification of a discrepancy arising from one or more transactions. The central service provider can reconcile the identified discrepancy. Link to Full Patent

This blockchain patent was originally filed on August 20, 2018  as U.S. Patent Application 16/105895 at the United Stated Patent and Trademark Office. The application was them awarded a patent grant and published as U.S. Patent 10496633. The primary examiner was Cheryl Lewis.

THE BANK OF NEW YORK MELLON, who is the original assignee of this patent, has at least 38 total granted patents in the United States as of the date of this article. This blockchain patent has been cited 2 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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