Smart contracts, (blockchains, distributed ledgers) and rights management broadly construed are the themes of today's Spotlight Patents. Assigned to Inveniam Capital Partners, the first patent addresses techniques for specifying a digital contract via a contract identifier in a blockchain. Assigned to Alipay (CN), the second patent address techniques for identity registration in a blockchain envirnment.
11615398, “Digital contracts in blockchain environments,” assigned to Inveniam Capital Partners, Inc
Digital or “smart” contracts execute in a blockchain environment. Any entity (whether public or private) may specify a digital contract via a contract identifier in a blockchain. Because there may be many digital contracts offered as virtual services, the contract identifier uniquely identifies a particular digital contract offered by a virtual machine, vendor or supplier. The blockchain is thus not burdened with the programming code that is required to execute the digital contract. The blockchain need only include or specify the contract identifier (and perhaps one or more contractual parameters), thus greatly simplifying the blockchain and reducing its size (in bytes) and processing requirements.
11614929, “Identity registration methods, apparatuses, and devices,” assigned to Alipay (Hangzhou) Information Technology Co., Ltd. (CN)
Embodiments of the present specification disclose identity registration methods, apparatuses, and devices. One method comprising: identifying description information from a user for a secure application configured to obtain trusted data to be installed; retrieving installation package data corresponding to the secure application based on the description information; installing the secure application in a trusted execution environment (TEE) based on the installation package data; and adding the description information to a digital identity document of the user recorded on a blockchain.