US Patent Issued to ELECTRONICS AND TELECOMMUNICATIONS RESEARCH INSTITUTE on April 22 for "System and method for distribution storage of blockchain transaction data based on erasure code" (South Korean Inventors)

ALEXANDRIA, Va., June 6 -- United States Patent no. 12,283,974, issued on April 22, was assigned to ELECTRONICS AND TELECOMMUNICATIONS RESEARCH INSTITUTE (Daejeon, South Korea).

"System and method for distribution storage of blockchain transaction data based on erasure code" was invented by Sohyun Park (Daejeon, South Korea), Myungcheol Lee (Daejeon, South Korea) and Beongjun Choi (Daejeon, South Korea).

According to the abstract* released by the U.S. Patent & Trademark Office: "Provided is a method performed by a system for distribution storage of blockchain transaction data based on an erasure code. The method includes performing RS encoding on a predetermined number of blockchain transaction original data; and after the RS encoding is ...