ALEXANDRIA, Va., April 15 -- United States Patent no. 12,603,793, issued on April 14, was assigned to Soda Bubble Labs LTD (Bnei Brak, Israel).
"Oracle-driven blockchain" was invented by Avishay Yanai (Petach Tikva, Israel), Meital Levy (Oranit, Israel) and Asaf Kozovsky (Tel Aviv, Israel).
According to the abstract* released by the U.S. Patent & Trademark Office: "A novel blockchain network architecture and transaction processing workflow, collectively referred to as the oracle-driven blockchain approach, is disclosed. In certain embodiments, this approach enables a blockchain network to efficiently execute and validate transactions that require answers from an oracle by (1) separating block creation from transaction execution (such that...