New patents are issued by the USPTO on Tuesdays. Both of today's Spotlight Patents concern aspects of blockchains (distributed ledgers, smart contracts) and rights management broadly construed. Assigned to BofA, the first patent addresses techniques for bockchain-based property management. Assigned to SAP (DE), the second patent addresses techniques for identity verification using blockchain technology.
10,498,808, "Blockchain-based property management," assigned to Bank of America.
Methods, systems, and apparatuses for blockchain-based property management are described herein. According to a first embodiment of the disclosure, a plurality of computing systems may be established at a plurality of points along a supply chain associated with the manufacture, shipment, and sale of a physical property item. At each of the plurality of points, the plurality of computing systems may identify data corresponding to the physical property item, which may be stored on a blockchain associated with a decentralized peer-to-peer (e.g., P2P) network. According to a second embodiment of the disclosure, content creator computing devices may transmit digital property item upload requests to a digital property management computing device, which may generate smart contracts corresponding to the requests. Through execution of the smart contracts, access may be granted to digital property items and fees may be provided to the content creator computing devices.
10,506,104, "Identity verification using blockchain technology," assigned to SAP (DE)
Systems and methods for using blockchain technology for the purpose of securely identifying parties to a communication. The method may comprise receiving a request to establish a communications connection between a first entity and a second entity in a telephony environment and writing a first digital identity associated with the first entity to a first data block in an immutable chain of blocks, in response to determining that the first entity is recognizable as a trusted entity. The blocks may be associated according to a defined cryptographic relationship. A second digital identity associated with the second entity may be written to a second data block in the immutable chain of blocks, in response to determining that the second entity is unrecognizable as a trusted entity.