US Patent Issued to Ryodan Systems on Jan. 27 for "Transaction method for a ZK-rollup network for a blockchain" (Norwegian Inventor)

ALEXANDRIA, Va., Jan. 28 -- United States Patent no. 12,536,514, issued on Jan. 27, was assigned to Ryodan Systems AG (Luzem, Switzerland).

"Transaction method for a ZK-rollup network for a blockchain" was invented by Erik Rybakken (Drammen, Norway).

According to the abstract* released by the U.S. Patent & Trademark Office: "A computer-implemented transaction method for a ZK-rollup network for a blockchain, with transaction rules governed by a ZK-rollup smart contract deployed on the blockchain, and with the ZK-rollup network comprising several user ZK-rollup nodes of which at least one is an aggregator ZK-rollup node. The method includes using the ZK-rollup smart contract to process a valid user transfer by computing a history root hash ...