According to 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 Expertise,” the strategies described in U.S. patent no. 11436039B2 relate to processing a number of message passing transactions by way of blockchain.
At current, sensible contracts solely enable for processing only one transaction or motion at any given time. Nevertheless, PraSaga claims that its proprietary strategies, as described within the patent, can enable for the execution of a number of actions concurrently and in larger numbers. The SagaOS group mentioned they hope to determine an working system on the native SagaChain that shops the category timber and logic for sensible property saved into particular person accounts on SagaChain.
With regard to the event, David Beberman, PraSaga’s co-founder, chief expertise officer and inventor of the expertise, mentioned:
“SagaOS goes to enhance the flexibility for builders to create purposes, handle their codebases, and tackle real-world challenges. We got down to tackle parallel processing of transactions and within the course of constructed a way for writing blockchain purposes that extra carefully 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. Based mostly 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.
