Influential VISA INTERNATIONAL SERVICE ASSOCIATION Blockchain Patent – Systems and methods for creating multiple records based on an ordered smart contract – US10762217

U.S. Patent 10762217 was awarded to VISA INTERNATIONAL SERVICE ASSOCIATION on September 01, 2020 and is entitled “Systems and methods for creating multiple records based on an ordered smart contract.” The first named inventor is Venkata Javaji of Foster City, CA. The abstract contains an overview of the patent disclosure:

A method for creating a smart contract detailing an ordered set of events is disclosed. A smart contract can include information about multiple events and responses for each event. The events and response can be arranged in a predefined order. The responses can include adding new records to a blockchain. Link to Full Patent

This blockchain patent was originally filed on June 13, 2018  as U.S. Patent Application 16/618776 at the United Stated Patent and Trademark Office. The application was them awarded a patent grant and published as U.S. Patent 10762217. The primary examiner was Bryan F Wright.

VISA INTERNATIONAL SERVICE ASSOCIATION, who is the original assignee of this patent, has at least 1320 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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