Blockchain System for Compliant Inmate Transactions

meshDETECT® is pleased to announce that it has been granted a seventh wireless blockchain patent for managing inmate financial transactions in prison using blockchain technology.

Our thirteenth patent granted, U.S. Patent 12,212,710 is entitled “Systems and Methods For Blockchain Wireless Services In a Controlled Environment.”

The claims in our latest blockchain patent are directed toward a system for regulating transactions in a controlled environment, a method for controlling inmate blockchain transactions comprised of rules enforced by network nodes/validator software, and a system for overseeing transactions between wallet accounts on a blockchain-protected network in a controlled environment.

This invention aims to provide a secure and regulated system for managing inmate financial transactions in prison using blockchain technology, enforcing compliance rules and obligations via smart contracts while allowing for administrative oversight and control within correctional facilities.

This patent describes a systems for regulating blockchain transactions in a controlled environment, such as a correctional facility.

The key components of the invention include:

1. A blockchain-protected network with an administrative node.
2. Electronic wallets associated with parties inside and outside the controlled environment.
3. Smart contracts that enforce rules for transactions.
4. A validator application that executes on the administrative node.

Key features of the invention include:

1. Ability to handle transactions for detainees in controlled environments.
2. Rules for modifying wallet balances and states.
3. Metadata addition to transactions for tracking and reporting.
4. Administrative override capabilities.
5. Automatic direction of funds for various obligations (e.g., fees due, restitution, debt payment, spousal support, savings accounts, and child support).

The system also includes a method for controlling inmate blockchain transactions:

1. Receiving and inserting smart contracts into the network.
2. Executing rules associated with each smart contract.
3. Validating compliant transactions and rejecting non-compliant ones

Our six previous blockchain patents can be found at US10,694,032, US10,855,838, US11,140,263, US11,425,244, US11,689,658, US12,212,710 and US11,956,383.

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Brian

Managing Partner at meshIP, LLC

Brian Byrne is the founder and Managing Partner of Dallas based meshIP, a technology services firm offering cloud computing strategies and services. He is an accomplished executive with senior management experience in all facets of the technology, telecom, cloud computing, and SaaS industries. He has proven success in developing, financing and executing strategic plans as well as launching new ventures. His background includes a record of significant achievement in international business development and his credentials include a MBA in Marketing and Management Strategy from the J.L. Kellogg Graduate School of Management at Northwestern University, a MS from the School of Computer Science at DePaul University, and a BBA in Finance from the University of Notre Dame.

He is also the inventor of the patented meshDETECT, Secure Prison Cell Phone Solutions.

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