U.S. Patent 11195177 was awarded to UNITED SERVICES AUTOMOBILE ASSOCIATION (USAA) on December 07, 2021 and is entitled “Distributed ledger systems for tracking recurring transaction authorizations.” The first named inventor is Gunjan C. Vijayvergia of San Antonio, TX. The abstract contains an overview of the patent disclosure:

In an example computer-implemented method executed by at least one processor, a first notification is received at a first computing system in a distributed computing network from a second computing system in the distributed computing network. The first notification identifies a first block in a distributed blockchain. The first block encodes authorization data describing a recurring payment authorization between a user and a merchant. The authorization data includes an account identifier associated with an account held by the user, and an identity of the merchant. The first block is obtained by the first computing system from the distributed computing network. The first block is decoded by the first computing system to determine an association between the user, the account, and the merchant. Link to Full Patent

This blockchain patent was originally filed on November 30, 2016  as U.S. Patent Application 15/365885 at the United Stated Patent and Trademark Office. The application was them awarded a patent grant and published as U.S. Patent 11195177. The assistant examiner was Gabriel Mercado.

UNITED SERVICES AUTOMOBILE ASSOCIATION (USAA), who is the original assignee of this patent, has at least 1657 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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