New patents are published by the USPTO on Tuesdays. Both of today's Spotlight Patents continue the theme of blockchains (distributed ledgers, smart contracts) and rights management broadly construed. Assigned to Rokfin, the first patent addresses techniques for a mint-and-burn blockchain-based feedback-communication protocol. Assigned to IBM, the second patent addresses techniques for partitioning of a blockchain ledger.
10,600,009, "Mint-and-burn blockchain-based feedback-communication protocol," assigned to Rokfin, Inc.
Described processes include: obtaining a first amount of cryptographic tokens transferred to burn addresses by members of a first set of entities; determining a second amount of instances of the first type of cryptographic token to be minted; determining portions of the second amount of instances of the first type of cryptographic token to be allocated to members of a second set of entities, wherein: the portions are determined based on effects determined to be caused by members of the second set of entities on performance of a computer-implemented network in which both the first set of entities and the second set of entities participate, and the effects on network performance are quantified by metrics reported by members of the first set of entities; appending to the first distributed ledger, records indicating the respective portions are transferred to respective accounts of corresponding members of the second set of entities.
10,601,911, "Partitioning of a blockchain ledger," assigned to IBM.
An example operation may include one or more of identifying partitions associated with a blockchain, identifying a new transaction to be committed to the blockchain, determining a partition code assigned to the new transaction, and committing the new transaction to one of the partitions associated with the partition code.