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PraSaga receives US Patent for Smart Blockchain Technology 

SwiSS-based blockchain startup PraSaga has received a patent to put an operating system called SagaOS on top of the blockchain, according to a recent announcement by the US Patent and Trademark Office. PraSaga claims that a unique method detailed in its patent allows it to perform more than one action at a time. 

According to Cointelegraph, U.S. Patent No. 1136039B2, titled “Systematic Extensible Blockchain Object Model Constructing First-Class Object Model and Distributed Ledger Technology,” describes how blockchains process multiple messaging transactions. 

Smart contracts currently only allow him one transaction or action at a time. However, PraSaga claims that the unique method described in the patent allows more than one action to be performed simultaneously. 

A statement from the SagaOS team cites their goal of creating a native SagaChain-centric operating system to house the logic behind the smart assets associated with SagaChain’s individual accounts. 

The SagaOS team said they want to establish an operating system on top of native SagaChain that will store the class tree and logic of smart assets stored in individual accounts on SagaChain. 

Regarding the development of the PraSaga technology, David Beberman, co-founder, CTO, and inventor of the PraSaga technology, said:

SagaOS is going to improve the ability for developers to create applications, manage their codebases, and address real-world challenges. We set out to address parallel processing of transactions and in the process built a method for writing blockchain applications that more closely matches other applications environments.”

 “PraSaga does not yet have its own public token or manner. Based on the roadmap, the company expects they will complete both tasks by the end of Q2 2023. Hester M. The U.S. Commissioner Perth, of the U.S. Securities and Exchange Commission, once declared PraSaga as a potential “Transportation Security Administration [U.S. air travel pre-security clearance] precheck” for the regulatory use of blockchain.”

 

Source:Cointelegraph

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