PraSaga awarded with the US patent for placing a full operating system onto blockchain
Swiss blockchain startup PraSaga has reportedly found a way to execute multiple actions on the blockchain simultaneously
By Shashank Bhardwaj
On Tuesday, the United States Patent and Trademark Office granted a patent to blockchain startup PraSaga. According to reports, the company received the patent for its method of processing message-passing transactions. This enables them to deploy a full operating system, dubbed 'SagaOS,' on the blockchain. The U.S. patent number is 11436039B2. PraSaga is a Swiss corporation. Its goal is to create the next generation of Layer One blockchain. It also aspires to provide the world with a limitless global infrastructure. Through this, the company wants to build a system that will benefit users all over the world.
Earlier, US Securities and Exchange Commission Commissioner Hester M Peirce praised PraSaga as a potential 'Transportation Security Administration [U.S. air travel pre-security clearance] precheck' for the regulatory use of blockchain. The patent is titled 'Systemic Extensible Blockchain Object Model Comprising A First-class Object Model And A Distributed Ledger Technology.' It is concerned with the processing of multiple messages passing transactions via blockchain. In other words, PraSaga's systemic extensible blockchain object model is covered by the patent. It includes a first-rate object model as well as distributed ledger technology.
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Indian companies storm the metaverse and NFT spaceRead More..
Coinbase is producing a movie trilogy on Bored Ape NFTsRead More..
Multiple Indian Twitter accounts hacked, NFT content postedRead More..
German police shut down $1.3 billion illegal darknet firmRead More..
Meta tests sale of virtual goods in metaverseRead More..
Bitcoin 2022 Conference: Bitcoin Maximalists attack national currenciesRead More..
Binance Gets In-Principle Approval to Operate as Crypto Broker in Abu DhabiRead More..
EU limits Russians' crypto investments to 10k EurosRead More..
Coinbase suspends UPI payments in India three days after launchRead More..
From KFC to Tesla, Dell: Crypto-curious corporations struggle to find right recipeRead More..
In Texas, crypto miners turn to solar powerRead More..
South Africa concludes technical Proof-of-Concept for its CBDC settlement systemRead More..
Terra buys $200 million in AVAX for reservesRead More..
Bitcoin will remain as a standard: Chess world champion Garry KasparovRead More..
Coinbase launches in IndiaRead More..
Meta working on virtual money 'Zuck Bucks': reportRead More..
Germany closes Russian darknet marketplace HydraRead More..
Britain paves way to accept stablecoinRead More..
Crypto industry reels from $600 million hackRead More..
NFT of Nelson Mandela's arrest warrant auctioned for $130,000Read More..
Bank of England calls for tighter regulation of cryptocurrenciesRead More..
ECB's Lagarde 'concerned' about crypto use to dodge Russia sanctionsRead More..
Crypto provides fix for some in crisis-hit AfghanistanRead More..
Bitcoin to the rescue: Cryptocurrencies' role in UkraineRead More..
Digital art in spotlight as Dubai makes crypto hub bidRead More..
G7 looks to thwart cryptoassets use as Russian sanctions dodgeRead More..
Can cryptocurrencies give Russia, others breather from economic sanctions?Read More..
Cryptocurrencies enter Russia-Ukraine conflictRead More..
Russia seeks to regulate cryptocurrenciesRead More..
Donald Trump's NFT collection to laud his own presidencyRead More..