U.S. Patent 10586062 was awarded to UNITED SERVICES AUTOMOBILE ASSOCIATION (USAA) on March 10, 2020 and is entitled “Systems and methods to track, store, and manage events, rights and liabilities.” The first named inventor is John Chandler Hopkins, III of San Antonio, TX. The abstract contains an overview of the patent disclosure:

Aspects herein relate to storing information concerning rights and liabilities or other records on distributed ledgers. A method disclosed can include identifying a transferor blockchain associated with rights and liabilities for transfer from a transferor to an acquirer, identifying an acquirer blockchain associated with the acquirer, creating an interim blockchain including the rights and liabilities, generating entries to the transferor blockchain removing the rights and liabilities, and generating entries to the acquirer blockchain adding the rights and liabilities. Another method disclosed can include identifying a critical record of a party, identifying a blockchain associated with the party, and generating an entry on the blockchain associated with the critical record, the entry having permissions related to at least the party. Link to Full Patent

This blockchain patent was originally filed on November 22, 2016  as U.S. Patent Application 15/359556 at the United Stated Patent and Trademark Office. The application was them awarded a patent grant and published as U.S. Patent 10586062. The primary examiner was Hee K Song.

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 6 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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