MUMBAI, India, Oct. 26 -- Intellectual Property India has published a patent application (202617091140 A) filed by Elevance Health, Inc. on July 27, 2026, for Systems, Methods And Interfaces For Resource Reservation Using Smart Contracts.
Inventors include Apte, Atul; Bhakhri, Akshay; Muralisrinivasan, Venkata Subramanian; S V, Jeeva; and Elayaperumal, Elayabharathi.
The application for the patent was published on October 23, 2026, under issue no. 43/2026.
Abstract: A system and method are provided for resource reservation using smart contracts. The method may be performed at a permissioned blockchain network coupled to clients. The permissioned blockchain network may include an ordering service and a plurality of members. Each member may include (i) an endorsing peer node for endorsing transactions and (ii) a committing peer node for validating and committing transactions. The method may include, at each member (i) hosting a respective ledger, (ii) receiving, from the clients, using application programmers interfaces (APIs), via graphical user interfaces, a proposal for reserving one or more resources, (iii) in response to receiving the reservation proposal, (a) executing a smart contract on the respective ledger, to initiate a transaction for reserving the one or more resources, and (b) indicating, to the client, a successful reservation or a rejection of the reservation of the one or more resources, via the graphical user interfaces.
Disclaimer: Curated by HT Syndication.
