Patent · US Active

Factom protocol in blockchain environments

US11205172B2 · kind B2 · utility

25Cited by
29References
20Claims
0Family size

Assignee

Inventor

Key dates

Filing dateMar 13, 2019
Grant dateDec 21, 2021
Priority date
Expiry dateJul 30, 2040

Classification

  • Technology area (CPC H)Electricity
  • CPC primaryH04L2209/56
  • WIPO fieldDigital communication
  • WIPO sectorElectrical engineering

Abstract

A Factom protocol cost effectively separates any blockchain (such as the Bitcoin blockchain) from any cryptocurrency (such as the Bitcoin cryptocurrency). The Factom protocol provides client-defined Chains of Entries, client-side validation of Entries, a distributed consensus algorithm for recording the Entries, and a blockchain anchoring approach for security.

Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.