US Patent Issued to POSTECH RESEARCH AND BUSINESS DEVELOPMENT FOUNDATION on July 15 for "Blockchain apparatus and method for mobile edge computing" (South Korean Inventors)

ALEXANDRIA, Va., July 16 -- United States Patent no. 12,362,949, issued on July 15, was assigned to POSTECH RESEARCH AND BUSINESS DEVELOPMENT FOUNDATION (Pohang-si, South Korea).

"Blockchain apparatus and method for mobile edge computing" was invented by Chanik Park (Pohang-si, South Korea) and Yong Rae Jo (Pohang-si, South Korea).

According to the abstract* released by the U.S. Patent & Trademark Office: "Disclosed is a blockchain apparatus and method for mobile edge computing, the blockchain method comprising: receiving a user transaction from clients associated with a first edge chain, determining an execution order for transactions, processing the transactions according to the transaction processing order, reading and updating data on...