US Patent Issued to MASTERCARD INTERNATIONAL INCOPORATED on Aug. 12 for "Method and system for dynamic addition of blocks in a blockchain" (Indian Inventors)

ALEXANDRIA, Va., Aug. 12 -- United States Patent no. 12,386,815, issued on Aug. 12, was assigned to MASTERCARD INTERNATIONAL INCOPORATED (Purchase, N.Y.).

"Method and system for dynamic addition of blocks in a blockchain" was invented by Jaipal Singh Kumawat (Rajasthan, India), Chandan Garg (Haryana, India) and Ankur Arora (New Delhi).

According to the abstract* released by the U.S. Patent & Trademark Office: "A method for dynamic selection of transactions for inclusion in new blocks added to a blockchain includes: receiving, by a blockchain node in a blockchain network that manages a blockchain, a plurality of proposed transactions; sorting, by the blockchain node, each proposed transaction into one of a plurality of transaction groups; ...