Salesforce had 18 patents in blockchain during Q4 2023. Salesforce Inc filed patents related to managing smart contracts on a blockchain, storing CRM information related to tokens minted on a blockchain, authenticating smart contracts deployed on a blockchain, providing access to smart contract templates via an application exchange, and minting non-fungible tokens with metadata entries on a blockchain. These patents aim to enhance the functionality and efficiency of blockchain technology within a database system. GlobalData’s report on Salesforce gives a 360-degreee view of the company including its patenting strategy. Buy the report here.

Salesforce grant share with blockchain as a theme is 55% in Q4 2023. Grant share is based on the ratio of number of grants to total number of patents.

Recent Patents

Application: Multi-signature wallets in public trust ledger actions via a database system (Patent ID: US20230396445A1)

Salesforce Inc. has filed a patent for a method that involves receiving a request to perform an action related to a smart contract deployed on a blockchain, which is associated with a multi-signature authorization policy. The method includes transmitting signature request messages to recipients, receiving signature response messages with signatures generated based on private cryptographic keys, and transmitting an action execution message with the signatures to execute the smart contract. The smart contract performs the action when the signatures comply with the authorization policy, which can include updating the policy on the blockchain and specifying roles or accounts for signing.

The patent also covers a database system configured to implement the method, with a communication interface for receiving requests and transmitting messages, memory for storing signature responses, and a processor to execute the action. The system can handle functions within the smart contract, including parameters supplied upon execution, and record nonce values on the blockchain to ensure unique actions. Additionally, the system can interact with crypto wallets associated with the blockchain and user accounts within the database system. This patent showcases Salesforce's innovation in managing smart contracts on a blockchain with multi-signature authorization policies, providing a secure and efficient way to execute actions while maintaining compliance with specified criteria.

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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.