Global Consulting Company Accenture Patents Two solutions for Blockchain interoperability

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Global consulting company Accenture has patented two solutions focused on blockchain interoperability, according to data published by the US Patent and Trademark Office (USPTO) on April 2.

The first patent, filed in August 2018, patented a method for interoperability of the cryptological blockchain. As described in the technical part of the patent, participants can share the token data stored on a distributed ledger (DLT) network by using a digital signature in the solution.

The document also mentions the possibility of sending a multi-signature certification message to a recipient who requests information. According to the patent, the recipient can then verify the digital signatures using public keys.

The second patent, originally filed in September 2018, describes a smart contract solution for interoperability that uses pre-commit authorization. According to the patent, the sender can lock the token data on the blockchain while waiting for confirmation by the receiver.

As Cointelegraph indicated earlier, Accenture had applied for another blockchain-related patent last summer with the aim of upgrading its logistics network. According to documentation on the USPTO website, the company wants to secure, accelerate and increase the efficiency of logistic movements by using blockchain technology.

Earlier in April Accenture joined IBM, Iota, Ripple, ConsenSys and others to the International Association of Trusted Blockchain Applications (INATBA), founded by the European Union. INATBA & # 39; s main goal is to bring blockchain and DLT into the mainstream.

In other patent news, USPTO has recently granted IBM a new blockchain patent describing the implementation of decentralized technology to manage data and interactions for self-driving vehicles.

Meanwhile, the mainstream media company Thomson Reuters received a patent for a blockchain-based identity management system. The service described by the patent is capable of receiving an identity from an identity provider system in addition to validated identity data and then storing it on a blockchain in an identity token.

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Don Bradman

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