US Patent Issued to Verizon Patent and Licensing on Sept. 9 for "Systems and methods for load-balanced chaincode execution and verification in a blockchain network" (American, Indian Inventors)

ALEXANDRIA, Va., Sept. 10 -- United States Patent no. 12,413,432, issued on Sept. 9, was assigned to Verizon Patent and Licensing Inc. (Basking Ridge, N.J.).

"Systems and methods for load-balanced chaincode execution and verification in a blockchain network" was invented by Ahmed A. Khan (Plano, Texas), Nityanand Sharma (Tampa, Fla.), Mohammed Alsadi (Redmond, Wash.), Salman Ali Danish Mohammed (Wylie, Texas) and Rangesh Sripathi (Chennai, India).

According to the abstract* released by the U.S. Patent & Trademark Office: "A system described herein may receive a request for a blockchain network to perform a particular set of operations, such as executing chaincode recorded to a blockchain associated with the blockchain network. The system ...