Blockchain
In line with a brand new United States Patent and Trademark Workplace publication on Tuesday, Swiss-based blockchain startup PraSaga has been awarded a patent putting its working system, dubbed “SagaOS,” on the blockchain. Titled “Systemic Extensible Blockchain Object Mannequin Comprising A First-class Object Mannequin And A Distributed Ledger Know-how,” the strategies described U.S. patent no. 11436039B2 pertains to processing a number of message passing transactions through blockchain.
Good contracts of the current solely enable for processing only one transaction or motion at any given time. Nevertheless, PraSaga claims that its proprietary strategies described within the patent can enable for the execution of a number of actions concurrently and in larger numbers. The SagaOS staff mentioned they hope to ascertain an working system on the native SagaChain that shops the category timber and logic for good property saved into particular person accounts on SagaChain.
As regards to the event, David Beberman, PraSaga’s co-founder, CTO, and inventor of the know-how, mentioned:
“SagaOS goes to enhance the flexibility for builders to create purposes, handle their codebases, and deal with real-world challenges. We got down to deal with parallel processing of transactions and within the course of constructed a technique for writing blockchain purposes that extra intently matches different purposes environments.”
The patent, which was filed in 2019, took three years to be granted. PraSaga doesn’t but have its personal publicly traded token nor its mainnet. Primarily based on its roadmap, the agency plans to finish each duties by the top of Q2 2023. Hester M. Peirce, commissioner of the U.S. Securities and Change Fee, as soon as praised PraSaga as a possible “Transportation Safety Administration [U.S. air travel pre-security clearance] precheck” for the regulatory use of blockchain.