New pending patent applications are published on the Thursdays by the USPTO. Both of today's Spotlight Applications continue the theme of blockchains (smart contracts, distributed ledgers) and rights management broadly construed. Assigned to the Industrial Technology Research Institute (TW), the first application discloses a digital rights management system and digital rights protection method. Assigned to Raistone, the second application discloses techniques for transferring digital assets using a de-centralized escrow service.
20200175136, "Digital rights management system and digital rights protection method," assigned to Industrial Technology Research Institute (TW).
A digital rights management system and a digital rights management method are provided. The digital rights management system includes an authority management module, a user confirmation module and an authority blockchain. The authority management module is configured for: receiving a user authority information corresponding to a user end from a service providing; sending user authority information to the user confirmation module; receiving an identification code corresponding to the user authority information from the user confirmation module; and sending and storing the user authority information and the identification code into the authority blockchain. Therefore, the authority management module, the user confirmation module and the authority blockchain manage and protect digital rights.
20200175601, "Systems and methods for transferring digital assets using a de-centralized escrow service," assigned to Raistone, Inc.
Systems and methods for transferring digital assets amongst a network of distributed users without the need to transfer the assets to an external party, such as an escrow agent, are provided. The transferring of assets may be in the form of electronic transactions between pluralities of currencies or assets. Temporary and localized escrow services may be created on a user terminal for safely overseeing the process of transferring digital assets. The trade instructions and execution orders for the transfer of assets may be validated over a de-centralized network of user terminals, such as the user terminals of traders. This type of network allows secure peer-to-peer electronic transactions to occur between distributed and anonymous users or participants, which are assumed to be trustless. In such networks, the transactions may be handled by cryptographic mathematical algorithms and which are known to be identical across all users or participants of the same network.