Method and system for data localization-compliant blockchain processing and storage

Number of patents in Portfolio can not be more than 2000

United States of America

PATENT NO 11301459
APP PUB NO 20210026841A1
SERIAL NO

16520454

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Abstract

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A method for ensuring compliance with data localization rules and regulations for blockchain data values in a blockchain network includes: a local node in a first country receiving a submission for a new blockchain transaction; identifying that the new blockchain transaction involves at least one entity in a foreign country; confirming the new blockchain transaction; transmitting the confirmed blockchain transaction to a foreign node located in the foreign country; generating a new block in the local node that includes the confirmed blockchain transaction; and distributing the new block to other nodes located in the same country as the local node.

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Patent Owner(s)

  • MASTERCARD INTERNATIONAL INCORPORATED

International Classification(s)

Inventor(s)

Inventor Name Address # of filed Patents Total Citations
Atwal, Gurpreet Chesterfield, US 20 19
Garg, Chandan Haryana, IN 46 198
Kumawat, Jaipal Singh Rajasthan, IN 61 345

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