ALEXANDRIA, Va., July 16 -- United States Patent no. 12,361,410, issued on July 15, was assigned to PAYPAL INC. (San Jose, Calif.).
"Software architecture for efficient blockchain transactions" was invented by Alon Navon (Tel Aviv, Israel) and Lev Pachmanov (Tel Aviv, Israel).
According to the abstract* released by the U.S. Patent & Trademark Office: "The present disclosure provides techniques for efficient blockchain transaction processing. In one embodiment, a computer system broadcasts a first transaction to a blockchain network for addition to a block in a blockchain. The computer system may broadcast a second transaction to the blockchain network for addition to the block in the blockchain, where the second transaction descends from ...