Smart contracts (blockchains, distributed ledgers) and rights management broadly construed are the themes of today's Spotlight Applications. Assigned to Goldman Sachs, the first application discloses techniques for using smart contracts to resolve joint claims on tokens. Assigned to Deedstack, the second application discloses a method for action tracking and deeds between multiple parties using a blockchain.
20220366405, “Blockchain with joint claims on tokens,” assigned to Goldman Sachs & Co. LLC
Abstract
A smart contract including one or more rules is defined and stored on a blockchain in conjunction with a pool of one or more tokens owned by the smart contract. A plurality of conflicting claims to the pool of one or more tokens is received and provided to the blockchain. An indication that a trigger condition is met is received from the blockchain. The trigger condition to determined using the one or more rules. Information indicating a distribution of the one or more tokens to resolve the plurality of conflicting claims is also received. The information is generated using the one or more rules in response to the trigger condition being met.
20220366446, “Supporting action tracking and deeds between multiple parties,” assigned to Deedstack.
Abstract
Aspects of the disclosure support a server that supports a method for action tracking and deeds between multiple parties using a blockchain. The method may include providing a marketplace for projects, receiving a selection of a project, deploying a smart contract, determining a funding amount is transmitted to the smart contract, and activating a monitoring service. The monitoring service may monitor a data feed of an external system to determine whether a triggering action is performed. The data feed may include data corresponding to actions performed on the external system by a plurality of user identifiers in association with the sponsor. The method may further include causing a funding release action to be executed by the smart contract in accordance with the triggering action being performed, such that at least a portion of the funding amount to the sponsor, a provider for the project, or both.
