MUMBAI, India, July 25 -- Intellectual Property India has published a patent application (202547067713 A) filed by Kanovitz, Michael, Ira; and Loevy, Jon, Isaac, Chicago, on July 16, for 'authenticated modification of blockchain-based data.'
Inventor(s) include Kanovitz, Michael, Ira; and Loevy, Jon, Isaac.
The application for the patent was published on July 25, under issue no. 30/2025.
According to the abstract released by the Intellectual Property India: "Example implementations may include: obtaining a first identifier relating to a first entity, wherein the first identifier uniquely identifies the first entity within a backwardly- immutabie cryptographic sequence of data blocks: exchanging, between the first entity and a second, entity; a set of conditions, wherein a second identifier uniquely identifies the second entity within the data blocks; receiving, from the first entity and the second entity, acceptances of tiie set of conditions; generating a self-executing unit of program logic that contains the first identifier, the second identifier, a representation of the set of conditions, and a third identifier that uniquely identifies a third entity having authority to suspend, modify, or override execution of the program logic; adding, as a new data block, the self-executing unit of program logic on the data blocks; and notifying one or more of the first entity or second entity of the self executing unit of program logic."
The patent application was internationally filed on Dec. 18, 2023, under International application No.PCT/US2023/084489.
Disclaimer: Curated by HT Syndication.
