US Patent Issued to International Business Machines on Jan. 20 for "Performing bilateral negotiations on a blockchain" (Swiss Inventors)

ALEXANDRIA, Va., Jan. 20 -- United States Patent no. 12,530,679, issued on Jan. 20, was assigned to International Business Machines Corp. (Armonk, N.Y.).

"Performing bilateral negotiations on a blockchain" was invented by Elli Androulaki (Zurich, Switzerland), Angelo De Caro (Zurich, Switzerland), Matthias Neugschwandtner (Rueschlikon, Switzerland) and Alessandro Sorniotti (Rueschlikon, Switzerland).

According to the abstract* released by the U.S. Patent & Trademark Office: "An example operation may include one or more of identifying a proposal associated with a first blockchain member and a second blockchain member, generating a key/value pair for the proposal, creating a writeset including the key/value pair, storing the writeset in a b...