US Patent Issued on Nov. 11 for "System and method of executing, confirming and storing a transaction in a serverless decentralized node network" (Indian Inventor)

ALEXANDRIA, Va., Nov. 11 -- United States Patent no. 12,468,697, issued on Nov. 11.

"System and method of executing, confirming and storing a transaction in a serverless decentralized node network" was invented by Subramanya R. Jois (Bangalore, India).

According to the abstract* released by the U.S. Patent & Trademark Office: "The present invention provides for a new Distributed Ledger Technology platform for the secure collection, analysis, storage and transfer of Messaging and Transactions, information records and related services within clusters of users to conduct Peer-to-peer message exchange and transactions using DApps while attaining network consensus using Machine State Replication and Application Layer Multicast protocol, which ...