US Patent Issued to Mastercard International on June 2 for "Method and system of integrating blockchain technology with existing computer architecture" (New Jersey, Missouri Inventors)

ALEXANDRIA, Va., June 2 -- United States Patent no. 12,646,056, issued on June 2, was assigned to Mastercard International Inc. (Purchase, N.Y.).

"Method and system of integrating blockchain technology with existing computer architecture" was invented by Sarala Buradagunta (West Orange, N.J.) and Ravi Kumar Cherukuru (O'Fallon, Mo.).

According to the abstract* released by the U.S. Patent & Trademark Office: "A method for enabling the use of blockchain smart contracts as part of a traditional payment transaction includes: receiving, by a receiver of a processing server, a transaction message for a payment transaction, wherein the transaction message is formatted according to one or more standards and includes a plurality of data elements s...