Quant Secures US Patent for Revolutionary Blockchain Transaction Ordering Method

Quant, a prominent distributed ledger technology (DLT) service provider, has recently achieved a significant milestone by securing a new patent from the United States Patent and Trademark Office. The patent, titled ‘Blockchain Communications and Ordering,’ acknowledges Quant’s inventive approach to chronologically ordering transactions across different blockchains.

Innovative Transaction Ordering Method

The patent underscores Quant’s dedication to simplifying and future-proofing distributed ledger technology. It recognizes Quant’s breakthrough method for chronologically ordering transactions, addressing the challenge posed by the varying ‘block times’ across different blockchains. Prior to Quant’s research and development efforts, the disjointed and inconsistent process of finding a definitive transaction ordering method hindered the integration of multi-blockchain projects into existing systems.

Overcoming Challenges in Multi-Blockchain Integration

Quant’s patent, identified as US patent 11842335, signifies the introduction of a method to establish a universal time zone for all blockchains. This innovative approach aims to facilitate enterprises and smaller businesses in generating reliable, consensus-based records, overcoming the hurdles associated with different block times.

Strategic Importance of Patents

Helen Kemmitt, Quant’s general counsel, emphasizes the strategic importance of patents in the blockchain space. She views patents as crucial…