Ant Blockchain Smart Contract Patent EP2023231342A1
Summary
The European Patent Office published patent application EP2023231342A1 by Ant Blockchain Technology (Shanghai) Co., Ltd. for a method and apparatus enabling automatic contract execution based on variable state conditions using blockchain technology. The invention covers smart contract automation mechanisms where contractual obligations trigger automatically when predefined state conditions are met on a distributed ledger. The patent is designated across 35 European member states including Germany, France, Italy, Spain, and the United Kingdom.
What changed
EPO published European patent application EP2023231342A1 for a blockchain-based smart contract automation system developed by Ant Blockchain Technology (Shanghai) Co., Ltd. The invention enables contracts to automatically execute when predefined variable state conditions are satisfied on a distributed ledger network, covering methods and apparatus for condition monitoring and automatic trigger mechanisms.
For technology companies, fintech firms, and financial institutions operating in blockchain or smart contract development, this patent establishes intellectual property protection that may constrain similar product development within EU member states. Companies developing automated contract execution systems should conduct freedom-to-operate analyses to assess potential infringement risks in designated states including Germany, France, the Netherlands, Belgium, Austria, Switzerland, and the Nordic countries.
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- Monitor for updates
- Review patent claims for potential infringement exposure
Archived snapshot
Apr 9, 2026GovPing captured this document from the original source. If the source has since changed or been removed, this is the text as it existed at that time.
METHOD AND APPARATUS FOR AUTOMATICALLY EXECUTING CONTRACT ON THE BASIS OF VARIABLE STATE
Publication EP2023231342A1 Kind: A1 Apr 01, 2026
Applicants
Ant Blockchain Technology (Shanghai) Co., Ltd.
Inventors
The designation of the inventor has not yet been filed
IPC Classifications
G06F 9/448 20180101AFI20231208BHEP G06F 9/54 20060101ALI20231208BHEP G06F 21/62 20130101ALI20231208BHEP G06Q 10/10 20230101ALI20231208BHEP G06Q 40/04 20120101ALI20231208BHEP
Designated States
AL, AT, BE, BG, CH, CY, CZ, DE, DK, EE, ES, FI, FR, GB, GR, HR, HU, IE, IS, IT, LI, LT, LU, LV, MC, ME, MK, MT, NL, NO, PL, PT, RO, RS, SE, SI, SK, SM, TR
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