US Patent Issued to NCHAIN LICENSING on Nov. 25 for "Computer-implemented system and method enabling secure storage of a large blockchain over a plurality of storage nodes" (British, Luxembourger Inventors)

ALEXANDRIA, Va., Nov. 25 -- United States Patent no. 12,483,417, issued on Nov. 25, was assigned to NCHAIN LICENSING AG (Zug, Switzerland).

"Computer-implemented system and method enabling secure storage of a large blockchain over a plurality of storage nodes" was invented by Giuseppe Destefanis (London), Simone Madeo (London), Patrick Motylinski (London), Stephane Vincent (Luxembourg) and Craig Steven Wright (London).

According to the abstract* released by the U.S. Patent & Trademark Office: "A protocol is described which: (i) allows storage nodes to be rewarded for maintaining a public blockchain; and (ii) verifies the integrity of the blockchain with the help of a Proof-of-Blockchain Storage (PoBS) scheme. The protocol provides a way t...