The patent protects claims for processing non-singular message passage transactions on the blockchain.
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According to a new United States Patent and Trademark Office e-newsletter on Tuesday, Swiss-based mostly mostly blockchain startup PraSaga has been awarded a patent placing its working machine, dubbed “SagaOS,” on the blockchain. Titled “Systemic Extensible Blockchain Object Mannequin Comprising A First-class Object Mannequin And A Distributed Ledger Abilities,” the techniques described in U.S. patent no. 11436039B2 expose to processing more than one message passing transactions by blockchain.
For the time being, clean contracts handiest enable for processing exclusively 1 transaction or action at any given time. Alternatively, PraSaga claims that its proprietary techniques, as described in the patent, can enable for the execution of more than one actions simultaneously and in higher numbers. The SagaOS crew mentioned they hope to place an working machine on the native SagaChain that retail outlets the class trees and good judgment for clean resources saved into person accounts on SagaChain.
Relating to the trend, David Beberman, PraSaga’s co-founder, chief technology officer and inventor of the technology, mentioned:
“SagaOS goes to crimson meat up the flexibility for builders to create capabilities, organize their codebases, and take care of exact-world challenges. We space out to handle parallel processing of transactions and one day of constructed a technique for writing blockchain capabilities that more closely matches heaps of capabilities environments.”
The patent, which used to be filed in 2019, took three years to be granted. PraSaga does no longer yet hold its hold publicly traded token nor its mainnet. Per its roadmap, the firm plans to complete both projects by the tip of Q2 2023. Hester M. Peirce, commissioner of the U.S. Securities and Alternate Charge, as soon as praised PraSaga as a doable “Transportation Security Administration [U.S. air travel pre-security clearance] precheck” for the regulatory utilize of blockchain.
