Swiss Based PraSaga Receives Patent for Hosting Computer OS on Blockchain September 7, 2022 September 7, 2022 Kelly Cromley http://1AZFjzw2#Nwf63pYaMWq#xIY
Market NewsSeptember 7, 2022 by Kelly Cromley

Swiss Based PraSaga Receives Patent for Hosting Computer OS on Blockchain

As per a release by the United States Patent and Trademark Office on Tuesday, Swiss blockchain firm PraSaga has been granted a patent for its blockchain-based operating system, nicknamed “SagaOS.” Techniques detailed in U.S. patent no. 11436039B2, labeled “Systemic Extensible Blockchain Object Model Comprising A First-Class Object Model And A Distributed Ledger Technology,” pertain to handling numerous message routing events through blockchain.

Currently, smart contracts only permit the execution of a single transaction or activity at a moment. Nevertheless, PraSaga asserts that its patented technologies enable the execution of many tasks concurrently and in larger numbers. The SagaOS team claimed that they want to create an operating system atop the native SagaChain that maintains the class trees and functionality for smart assets stored in personal SagaChain accounts.

David Beberman, co-founder, chief technology officer, and creator of the technology at PraSaga, commented on the innovation: “agaOS will enhance programmers’ capacity to design apps, administer their codebases, and tackle real-world problems. We aimed to resolve the parallel handling of transactions, and in doing so, we developed a method for composing blockchain apps that more closely resembles the ecosystems of many other application types.”

The patent, which was submitted in 2019, was approved three years later. PraSaga is yet without a token that is openly traded or a mainnet. According to its strategy, the company aims to accomplish both objectives by the conclusion of the second quarter of 2023. U.S. Securities and Exchange Commission Commissioner Hester M. Peirce previously lauded PraSaga as a prospective “Transport Security Administration [U.S. air travel pre-security clearance] precheck” for the regulatory application of blockchain.

AuthorKelly Cromley

Kelly is our in house crytpto researcher, delving into the stories which matter from blockchains being used in the real world to new ico coming out.