Intellectual Property India Publishes Patent Application for 'A System And Method For Providing Blockchain Based Transaction' Filed by Redeemption Digital Technology Private Limited

MUMBAI, India, Sept. 26 -- Intellectual Property India has published a patent application (202421022268 A) filed by Redeemption Digital Technology Private Limited, Pune, Maharashtra, on March 22, 2024, for 'a system and method for providing blockchain based transaction.'

Inventor(s) include Kunden Shrikant Hanumant.

The application for the patent was published on Sept. 26, under issue no. 39/2025.

According to the abstract released by the Intellectual Property India: "A system and method for providing blockchain based transaction is disclosed. The system includes a transaction input module, a verification unit, a data accessing unit, a network server, a blockchain-based cryptocurrency mechanism, a processor and a memory. The transaction ...