US Patent Issued on May 13 for "Systems and methods to validate transactions for inclusion in electronic blockchains" (Pennsylvania Inventor)

ALEXANDRIA, Va., June 12 -- United States Patent no. 12,299,681, issued on May 13.

"Systems and methods to validate transactions for inclusion in electronic blockchains" was invented by Jeff Stollman (Wayne, Pa.).

According to the abstract* released by the U.S. Patent & Trademark Office: "A system for validating the integrity of blockchain transactions prior to such transactions being added to the electronic blockchain using, in part, an automated, protocol-based methodology is disclosed. Use of such a system circumvents current costly consensus mechanisms for validating transactions prior to inclusion onto the underlying electronic blockchain. In a preferred embodiment, the disclosed system may be implemented within blockchain environmen...