US Patent Issued to FASTLANE LABS on Sept. 9 for "Technologies for managing transaction order for a blockchain" (American, French, Australian Inventors)

ALEXANDRIA, Va., Sept. 10 -- United States Patent no. 12,412,175, issued on Sept. 9, was assigned to FASTLANE LABS INC. (Pasadena, Calif.).

"Technologies for managing transaction order for a blockchain" was invented by David Alex Watts (Arcadia, Calif.), Eric Destaing (Sarzeau, France) and Jordan Blayne Hagan (Manly, Australia).

According to the abstract* released by the U.S. Patent & Trademark Office: "Systems and methods for managing transactions associated with a blockchain are provided. According to aspects, a blockchain scaling solution may include a sentry component configured to facilitate an auction during which transactions may be received. The sentry component may sort the transactions according to bid amount size and provide th...