Ai-Blockchain (“AiB”), a leading provider of custom artificial intelligence driven and blockchain solutions, today announced its receipt of a patent on private blockchains issued by the United States Patent and Trademark Office (“USPTO”). According to the update, U.S. Patent No. 10,579,974, issued on March 3, 2020, is entitled “SYSTEMS, METHODS, AND PROGRAM PRODUCTS FOR A DISTRIBUTED DIGITAL ASSET NETWORK WITH RAPID TRANSACTION SETTLEMENTS.” The patent is directed to AiB’s core technology, which enables private blockchains to transact digital assets quickly between parties such as digital rights management for media companies, financial exchanges and customers, healthcare institutions and physicians, and supply chains and retailers. “Our platform has significant application in the healthcare industry and financial institutions where all stakeholders demand continual improvement of security and efficiency,” developer and AiB’s Chief Scientist, Stephen Reed, stated in the news release. “With this issued patent, Ai-Blockchain can deliver its source code across all industry standards in managing digital asset transfers between two parties or multiple parties. AiB’s patented platform is the most efficient, secure and scalable blockchain technology in the world.”
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About Ai-Blockchain
AiB technology and blockchain solutions bring a new class of products to the world. Ai-Blockchain is a privately held technology company that developed a patented blockchain platform on the cloud. Private and public blockchains are proposed for multiple business uses. AiB consultants and employees work remotely to help prevent the spread of COVID-19. For information on how to join an AiB online video session, please email info@ai-blockchain.com or call +1.201.349.4996. For more information on how to work with AiB, please visit www.AiBlockchainAlliance.org.
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