U.S. Patent 11087293 was awarded to TraDove, Inc. on August 10, 2021 and is entitled “Blockchain based bank checking network with paper checking enhancements.” The first named inventor is Jun Yan of Palo Alto, CA. The abstract contains an overview of the patent disclosure:
A system includes processors and instructions that, when executed by the one or more processors, cause the system to perform operations of receiving a blockchain check request from a first network participant, generating a paper blockchain check including a QR code, issuing the paper blockchain check to the first network participant, obtaining an image of the issued paper blockchain check, determining whether the bank account associated with the first network participant has access to a sufficient amount of funds, associating the designated amount of funds and the identifier of an intended recipient with the QR code, locking funds in the first network participant’s bank account, generating, upon the intended recipient being validated with the blockchain, a digital blockchain check based on details associated with the scanned QR code, and disabling the paper blockchain check after the conversion of the paper blockchain check into the digital BC check. Link to Full Patent
This blockchain patent was originally filed on September 17, 2020 as U.S. Patent Application 17/024632 at the United Stated Patent and Trademark Office. The application was them awarded a patent grant and published as U.S. Patent 11087293. The primary examiner was Jacob C. Coppola.
TraDove, Inc., who is the original assignee of this patent, has at least 3 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.