Smart contracts (blockchains, distributed ledgers) and rights management broadly construed are the themes of today's Spotlight Applications. A 3fer today. Assigned to Americorp Investments, the first patent addresses distributed consent protecting data across systems and services. Assigned to BofA, the second patent addresses techniques for blockchain-based digital token utilization. Assigned to OpenCT, the third patent addresses techniques for a ubiquitous, industry agnostic platform for automated, smart contract based, real time trusted transactions.
11671256, “Distributed consent protecting data across systems and services,” assigned to Americorp Investments LLC. (Hi Jordan)
Non-limiting examples of the present disclosure relate to generation and implementation of a new security protocol that is used to secure common data access transactions across distributed network examples. An exemplary proof of verification protocol is disclosed that implements consensus security mechanisms across a plurality of distributed nodes, which may be utilized to validate owners of data in common data access transactions. Extending principles of blockchain security to common data access transactions and Internet of Things (IoT) networking requires a solution that: improves speed in transactional processing; reduces computational complexity; and presents efficient, secure and repeatable validation for owners of data in distributed networking environments. An exemplary proof of verification protocol provides such technical advantages by validating both user-specific data for a subscriber of an application/service and session data for user activity (past and present) within the application/service.
11669811, “Blockchain-based digital token utilization,” assigned to Bank of America
Methods, systems, and apparatuses for blockchain-based digital token utilization are described herein. Data corresponding to digital tokens may be stored on a blockchain associated with a decentralized peer-to-peer (P2P) network. Smart contracts for collecting digital tokens in exchange for service provider tokens may be deployed to the blockchain. Smart contracts for distributing digital tokens based on credit tokens may be deployed to the blockchain. Through execution of the smart contracts, digital tokens may be utilized by users in various ways.
11671242, “Ubiquitous, industry agnostic platform for automated, smart contract based, real time trusted transactions,” assigned to OpenCT, AG (CH)
A network platform, system and method for high volume transactions requiring verifiable transaction tracking is provided. The platform, system and method leverages the Blockchain as a ledger for tracking, e.g., bandwidth usage at a granular level, allowing for efficiency in selling parts of a pipeline, instead of the entire pipeline itself. Also provided is a platform, system and method which leverages the Blockchain to facilitate financial transactions such as trading, medical records ledgers, energy enterprises, supply chain functions, real estate asset management, intellectual property tokenization and cryptocurrency transactions.