US Patent Issued to Worldpay on July 1 for "Decentralized computer systems and methods for efficient transaction dispute management using blockchain" (Ohio Inventor)

ALEXANDRIA, Va., July 3 -- United States Patent no. 12,346,897, issued on July 1, was assigned to Worldpay LLC (Symmes Township, Ohio).

"Decentralized computer systems and methods for efficient transaction dispute management using blockchain" was invented by Ramesh Vijayaraghavan (Mason, Ohio).

According to the abstract* released by the U.S. Patent & Trademark Office: "Decentralized computer systems and methods are disclosed for efficient transaction dispute management using blockchain. One method includes: receiving transaction information of a transaction, wherein the transaction information includes (1) an identifier of an issuer of a payment source account, (2) an identifier of an acquirer of a payment account of a merchant, and (3) t...