The patent badge is an abbreviated version of the USPTO patent document. The patent badge does contain a link to the full patent document.
The patent badge is an abbreviated version of the USPTO patent document. The patent badge covers the following: Patent number, Date patent was issued, Date patent was filed, Title of the patent, Applicant, Inventor, Assignee, Attorney firm, Primary examiner, Assistant examiner, CPCs, and Abstract. The patent badge does contain a link to the full patent document (in Adobe Acrobat format, aka pdf). To download or print any patent click here.
Patent No.:
Date of Patent:
May. 12, 2026
Filed:
Jan. 10, 2024
Nchain Licensing Ag, Zug, CH;
Ying Chan, Cambridge, GB;
Dean Kramer, London, GB;
NCHAIN LICENSING AG, Zug, CH;
Abstract
Computer-implemented methods are provided that create and validate a spending blockchain transaction created by a node in a blockchain network and including a locking script representing an instance of an execution thread joined from a plurality of execution threads represented at least one previous blockchain transaction. The spending blockchain also represents an execution thread joined from the execution thread instances pointed to by the spending blockchain transaction. Once created and validated, the spending blockchain transaction can be communicated on a blockchain network for storage in a blockchain ledger. The blockchain transactions can implement thread-specific locking scripts and associated fork, join and barrier constructs for concurrent or asynchronous threads of execution. The blockchain transactions can be validated according to constraints of a smart contract that encodes the terms for the blockchain transactions. The blockchain transactions can further be mined, and stored in a blockchain ledger.