Invention Grant
- Patent Title: Blockchain enabled transaction processing for an industrial asset supply chain
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Application No.: US16010809Application Date: 2018-06-18
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Publication No.: US10970669B2Publication Date: 2021-04-06
- Inventor: Walter Charles Yund , Patricia Denise Mackenzie , Joseph James Salvo , John William Carbone , Benjamin Edward Beckmann , Dan Yang , Peter Koudal
- Applicant: General Electric Company
- Applicant Address: US NY Schenectady
- Assignee: General Electric Company
- Current Assignee: General Electric Company
- Current Assignee Address: US NY Schenectady
- Agency: Fletcher Yoder, P.C.
- Main IPC: G06Q10/08
- IPC: G06Q10/08 ; H04L9/06 ; G06F16/27

Abstract:
Some embodiments provide a system to facilitate transaction processing associated with an industrial asset supply chain having a first entity and a second entity. A first entity computer processor may retrieve, from a first entity database, information associated with pre-delivery data about the industrial asset. The first entity computer processor may then record pre-delivery data about the industrial asset via a secure, distributed transaction ledger. A second entity computer processor may retrieve, from a second entity database, information associated with a post-delivery event involving the industrial asset. The second entity computer processor may then record post-delivery event data about the industrial asset via a secure, distributed transaction ledger. The post-delivery event data might indicate, for example, that the industrial asset has been delivered, has been installed, is working properly, has been used, etc.
Public/Granted literature
- US20190385120A1 BLOCKCHAIN ENABLED TRANSACTION PROCESSING FOR AN INDUSTRIAL ASSET SUPPLY CHAIN Public/Granted day:2019-12-19
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