Smart contracts (blockchains, distributed ledgers) and rights management broadly construed are the themes of today's Spotlight Applications.Today we note three patent applications. Assigned to Block, Inc. (formerly Square), the first application discloses techniques for non-fungible tokens for media item samples. Assigned to Vijay Madisetti, the second application discloses techniques for smart contract optimization for multiparty services and product offerings including derivatives. Lastly, assigned to Bank of America, the third application discloses techniques for electronic system for automatic provisioning of limited-transferability electronic digital certificates associated with events.
20230024373, “Non-fungible tokens for media item samples,” assigned to Block, Inc.
Abstract
The present technology pertains to generating a playlist based on a shared attribute between content items. The present technology includes receiving a request to generate a playlist to including first media content from a first collection associated with the user account and second media content from a second collection associated with another user account. The technology also includes generating the playlist to include the first media content and the second media content when it is determined that a condition has been met, where the condition includes at least an identification of the user account as recommended to another user account. The user account can be provided with access to the playlist, and an interactive element that, when selected, causes a computing device associated with the user account to be directed to an e-commerce service at which a product is available for sale.
20230029008, “Smart contract optimization for multiparty services and product offerings including derivatives,” assigned to Vijay Madisetti.
Abstract
A smart contract architecture for optimizing smart contracts for ordering of multiparty offerings including a primary smart contract, one or more business logic smart contracts, a global interface smart contract including smart contract functions, a global data smart contract, and a tracker smart contract. The primary smart contract includes blockchain addresses for each of the global data smart contract, the global interface smart contract, and the tracker smart contract. The smart contract functions are operable to trigger enforcement of a term comprised by a business logic smart contract. Enforcement of a term included in a business logic smart contract changes data comprised by the global data smart contract.
20230029360, “Electronic system for automatic provisioning of limited-transferability electronic digital certificates associated with events,” assigned to Bank of America.
Abstract
Systems, computer program products, and methods are described herein for automatic provisioning of limited-transferability electronic certificates associated with events. The present invention may be configured to receive event data including event information associated with an event, receive user data including user information associated with a user, where the user is associated with the event, and generate, based on the event data and the user data, an electronic digital certificate. The present invention may be configured to store the electronic digital certificate on a distributed ledger and generate, on the distributed ledger, a smart contract associated with the electronic digital certificate that prevents transfer of the electronic digital certificate. The present invention may be configured to record, on the distributed ledger, that the user owns the electronic digital certificate and provide, to a user device associated with the user, a notification that the user owns the electronic digital certificate.
