Salesforce had seven patents in blockchain during Q2 2024. Salesforce Inc’s patent filed in Q2 2024 involves deploying a smart contract with a minting function to a blockchain, where token minting is authorized only for specific roles. The patent also includes recording associations between public keys, unique identifiers, and minting roles on the blockchain. Transactions involving minting tokens to designated wallets are identified and authorized based on the public key applied to the request information. GlobalData’s report on Salesforce gives a 360-degree view of the company including its patenting strategy. Buy the report here.

Salesforce had no grants in blockchain as a theme in Q2 2024.

Recent Patents

Application: Intermediary roles in public trust ledger actions via a database system (Patent ID: US20240177143A1)

The patent filed by Salesforce Inc. describes a method and system for deploying a smart contract with a minting function to a blockchain. The minting function includes an authorization portion that allows token minting only when requested by an authorized role. The system also records an association between an intermediary wallet's public key, the smart contract's unique identifier, and an intermediary minting role on the blockchain. Transactions involving minting tokens to designated wallets are identified and authorized based on the public key's application to the request information. The database system is updated to reflect these transactions, including creating designated wallets and maintaining records associated with minting and transferring tokens.

The method and system outlined in the patent involve transmitting instructions to deploy smart contracts to a blockchain, recording associations between wallets and roles, and managing token minting transactions. The system includes a communication interface, processor, and storage system to facilitate these operations. It allows for the creation of designated wallets, updating database records, and ensuring authorization based on the public key. The patent also covers scenarios where designated and intermediary wallets are identical, multiple records are maintained for different transactions, and the smart contract includes various roles and functions. Overall, the patent details a comprehensive approach to managing token minting processes on a blockchain using a database system.

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GlobalData Patent Analytics tracks bibliographic data, legal events data, point in time patent ownerships, and backward and forward citations from global patenting offices. Textual analysis and official patent classifications are used to group patents into key thematic areas and link them to specific companies across the world’s largest industries.