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US 12,597,015 B2Granted
Agentic data monetization system with a data asset backed cryptocurrency
AssigneeDataCoining LLC
InventorsDavid Brener Kahn, Sorat Tungkasiri
Life of this patent
Estimating the term…
Abstract
A system and method for operating a cryptocurrency, including generating, by first computing devices, raw data sets representative of activities performed by respective users while each of the users is using the Internet. A second computing device may determine an aggregate data value of at least a portion of an aggregate of the raw data sets. The at least a portion of the aggregate of the raw data sets being received from the users who contribute that portion of the raw data sets, the contributing users being data contributors. A basis value of a cryptocurrency as a function of the aggregate data value may be established. Total quantity of the cryptocurrency in circulation may be regulated as a function of the aggregate data value.
Claims23
A computer-implemented method, comprising:
- creating, by a first computing device, a work token associated with a user, the work token being a non-fungible token (NFT) including a personal identifiable information (PII) portion and a digital footprint portion;
- executing, by a first computing device, a user interface that enables the user to access online information;
- enabling, via a smart contract, the user to opt into collecting raw data sets of the online information being accessed as the user utilizes the user interface to perform online activities;
- enabling, by the first computing device and via the smart contract, personal identifiable information (PII) unique to the user and inclusive of at least one of demographic parameter to be submitted by the user;
- receiving, by the first computing device, no PII information or at least a portion of the PII submitted by the user;
- storing, by the first computing device, the PII submitted by the user in the PII portion of the work token;
- collecting, by the first computing device, raw data sets of the information as the user performs online activities via the user interface, the raw data sets defining unique expressions defined by the online information accessed by the user utilizing the user interface;
- executing a classification engine to automatically classify the raw data sets of the collected online information into specific categories for the user;
- executing a digital footprint engine to process the classified raw data sets of the user to generate a digital footprint of the user;
- storing the digital footprint of the user inclusive of the classified raw data sets of the user in the digital footprint portion of the work token;
- based on terms of the smart contract, in response to determining that the user submitted PII information, enabling the user to selectably submit or refrain from submission data of the digital footprint and PII of the user, or in response to determining that the user submitted no PII information, enabling the user to selectably anonymously submit the data of the digital footprint;
- and
- communicating, by the work token, directly or indirectly with an application configured to access and process the stored digital footprint and/or PII associated with the user selected to be submitted in exchange for remuneration and/or other forms of compensation on behalf of the user from a third-party that operates the application.
10 more elements
A computer-implemented method, comprising:
- executing, by a first computing device, a user interface that enables a user to access online information;
- enabling, via a smart contract, the user to opt into collecting raw data sets of the online information being accessed as the user utilizes the user interface to perform online activities;
- collecting, via the user interface, raw data sets of the information as the user performs online activities;
- enabling, by the first computing device and via the smart contract, personal identifiable information (PII) unique to the user and inclusive at least one of demographic parameter to be submitted by the user;
- receiving, by the first computing device, no PII information or at least a portion of the PII submitted by the user;
- generating, by the first computing device, raw data sets representative of activities performed by the user while the user using the user interface is performing the online activities;
- storing the raw data sets in work token defined by a data structure associated with the user, the raw data sets defining unique expressions defined by the online information accessed by the user utilizing the user interface;
- executing a classification engine to automatically classify the raw data sets of the collected online information into specific categories for the user;
- executing a digital footprint engine to process the classified raw data sets of the user to generate a digital footprint of the user;
- forming a work token for the user as a combination of the digital footprint and PII of the user;
- based on terms of the smart contract, in response to determining that the user submitted PII information, enabling the user to selectably submit or refrain from submission data of the digital footprint and PII of the user, or in response to determining that the user submitted no PII information, enabling the user to selectably anonymously submit the data of the digital footprint;
- and
- enabling the work token to directly or indirectly communicate with an application configured to communicate with the work token so as to process the work token to at least in part determine a credit score of the user.
10 more elements
Dependencies are inferred from the claim text.