MUMBAI, India, Jan. 9 -- Intellectual Property India has published a patent application (202511115508 A) filed by Nims University, Jaipur, Rajasthan, on Nov. 22, 2025, for 'decentralized system for blood donation and exchange.'
Inventor(s) include Ankit Kumar.
The application for the patent was published on Jan. 9, under issue no. 02/2026.
According to the abstract released by the Intellectual Property India: "A decentralized system (100) and method (200) for managing blood donation and exchange through blockchain technology and smart contracts. The system comprises a user interface (102) that enables users to register, schedule blood donations, and request blood units; a blockchain-based decentralized ledger (103) configured to immutably record donation and redemption transactions; and a smart contract (104) programmed to verify contributions, mint digital tokens (105), validate token balances, and generate cryptographically secured vouchers for blood unit release. The digital token (105), serves as a non-transferable medium of value exchange pegged to a unit of blood or service contribution. The smart contract (104) further incorporates an emergency protocol for token-deficient requests and a decentralized governance mechanism to enable community-led decision-making. The invention establishes a self-sustaining, transparent, and community-driven ecosystem that incentivizes donations, enhances trust, and ensures reliable access to blood resources."
Disclaimer: Curated by HT Syndication.