Smart contracts, blockchains (distributed ledgers), and rights management broadly construed are the themes of today's Spotlight Patents. Assigned to IBM, the first patent addresses techniques for proof-of-work for smart contracts on a blockchain. Assigned to Mythical, the second patent addresses techniques for transfer of rights pertaining to game assets between users of an online gaming platform.
11,228,440, "Proof-of-work for smart contracts on a blockchain," assigned to IBM.
A blockchain configuration may be used to store a distributed ledger for information security and accessibility. One example method of operation may include determining a proof-of-work via a device and using a predefined set of nonce values when determining the proof-of-work, storing the proof-of-work on a blockchain, and broadcasting the proof-of-work as a broadcast message.
11,224,818, "Systems and methods for transfer of rights pertaining to game assets between users of an online gaming platform," assigned to Mythical, Inc.
Systems and methods for transfer of rights pertaining to game assets operate between users of an online gaming platform. Exemplary implementations may: tokenize a game asset into a tokenized game asset; record, on a distributed blockchain, ownership of a beneficiary right to a share resulting from selling the game asset; responsive to a sale of the game asset, transfer the share resulting from the sale to a first beneficiary; responsive to a transfer of ownership of a particular virtual item from the first beneficiary to a second beneficiary, and responsive to a second sale of the game asset, transferring a second share resulting from the second sale to the second beneficiary in accordance with the beneficiary right.