Smart contracts (blockchains, distributed ledgers) and rights management broadly construed are the themes of today's Spotlight Applications. Assigned to IBM, first application discloses techniques for smart contract based user feedback for event contexts. Assigned to Verona Holdings SEZC (KY), the second application discloses smart contract-managed decentralized lending processes using collateral tokens.
20220351218, “Smart contract based user feedback for event contexts,” assigned to IBM.
Mechanisms are provided for collecting user feedback information from sensors associated with user devices in accordance with smart contract rules. For an event context for an event, a provider portion of a smart contract is generated. The event context indicates an occurrence within the event that is detected through processing patterns of event data collected for the event, and the provider portion specifies a type of user feedback that is of interest to a provider. For the event context, a user portion of the smart contract is generated, where the user portion specifies a type of user feedback that a user of a user device permits to be shared with the provider. A smart contract comprising the smart contract rules is generated by combining the provider portion with the user portion. Collection of user feedback information from the user device is controlled according to the smart contract data structure.
20220351286, “Smart contract-managed decentralized lending processes using collateral tokens,” assigned to Verona Holdings SEZC (KY)
A loan process smart contract manages a collateralized loan process for a loan against a collateralized item, the collateralized loan process including tokenizing and locking a collateral token that tokenizes the collateral item, managing distributed appraisal of the collateral item, monitoring terms of the loan, and detecting an unlocking event of the loan for unlocking the collateral token.