US Patent Issued to ELECTRONICS AND TELECOMMUNICATIONS RESEARCH INSTITUTE on May 27 for "Method and apparatus for storing blockchain transaction data and distributed storage system using the same" (South Korean Inventor)

ALEXANDRIA, Va., June 17 -- United States Patent no. 12,316,769, issued on May 27, was assigned to ELECTRONICS AND TELECOMMUNICATIONS RESEARCH INSTITUTE (Daejeon, South Korea).

"Method and apparatus for storing blockchain transaction data and distributed storage system using the same" was invented by Myung-Cheol Lee (Daejeon, South Korea).

According to the abstract* released by the U.S. Patent & Trademark Office: "Disclosed herein is a method for storing blockchain transaction data. The method includes selecting at least one block file storing blockchain transactions as an encoding block file target, generating encoded chunks including parity chunks using the encoding block file target, and making at least one of the encoded chunks corres...