Hitachi had three patents in blockchain during Q1 2024. Hitachi Ltd filed a patent for a transaction management apparatus in a blockchain system that holds transaction history, identifies and saves transactions based on a key, and transmits them after a prescribed time period. Another patent describes a storage system that prevents data destruction by managing virtual IDs for logical volumes and usage permission information, ensuring that logical volumes are not used if permission is not granted based on virtual ID management information. GlobalData’s report on Hitachi gives a 360-degree view of the company including its patenting strategy. Buy the report here.
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Hitachi grant share with blockchain as a theme is 33% in Q1 2024. Grant share is based on the ratio of number of grants to total number of patents.
Recent Patents
Application: Transaction management method and transaction management apparatus (Patent ID: US20240078225A1)
The patent filed by Hitachi Ltd. describes a transaction management apparatus in a blockchain system, specifically a queuing server. This server is designed to store transaction history between a client (WEB server) and a distributed ledger server, identify transactions updating the same key, save these transactions in a queue, and transmit them after a specified time period where the key is not updated in the same block. Additionally, the queuing server can prioritize transmitting transactions to a distributed ledger server with lower load based on load monitoring results.
In summary, the patent outlines a method and apparatus for efficient transaction management in a blockchain system. The queuing server holds transaction history, identifies key updates, saves transactions in a queue, and transmits them after a set time period. Furthermore, the system can optimize transaction transmission by selecting a distributed ledger server with lower load. This technology aims to streamline transaction processing and enhance the overall efficiency of blockchain systems.
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GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.
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.
