New pending patent applications are published by the USPTO on Thursdays. This week's Spotlight Applications continue our theme of blockchains (smart contracts, distributed ledgers) and rights management broadly construed. Assigned to Uplay1, the first application discloses techniques for a wagering ecosystem. Assigned to Sensoriant, the second application discloses techniques for user identity and trust models in decentralized and distributed systems.
20200302745, "Wagering ecosystem system, apparatus and method," assigned to Uplay1.
Various embodiments of a wagering ecosystem are described for allowing punters and other entities to buy and sell already-placed wagers. Allowing purchases and sales of already-placed wagers minimizes risk exposures while increasing the diversity, volume and efficiency of wagering. Generally, systems, apparatus and methods are described for an exchange server to execute buy and sell orders received from licensed entities to manage imbalances in the entities' books and to provide accounting for the executed orders.
20200304309, "User identity and trust models in decentralized and distributed systems," assigned to Sensoriant.
A method for sharing information has an assertion associated therewith such that the receiving communication device is able to verify the assertion without the sender revealing underlying data demonstrating the validity of the assertion. The assertion is derived from underlying data input to a pre-provisioned first algorithm. The assertion is encapsulated in a first data object by a PGE that controls an environment in which the first algorithm is executed. A first proof is generated that is configured to verify that the first algorithm used the underlying data to produce the assertion when provided to a PVE along with the first data object. The underlying data is excluded from the first proof and the first data object such that privacy of the underlying data is maintained. The information, the first proof and the first data object are sent to the receiving communication device from the sending communication device.