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US 2019/0172025 A1Published application
System and methods for using kinetic energy to assign coins exchanged for cryptocurrency
OwnerRiccardo Vieriinventor
Life of this patent
Estimating the term…
Abstract
A system and methods directed to crypto coins based on kinetic energy produced by human movement, allowing decentralized distribution of the cryptocurrencies. The decentralized system and methods operates with a very low or no consumption of current, and may further harvest kinetic energy, saving electrical power such as electricity power, battery power and the like.
Claims20
A system for assigning crypto coins based on kinetic energy comprising:
- a mobile device interacting over a network with one or more sensors, a data server, and a blockchain server, wherein one or more of the mobile device, the data server and the blockchain server includes a software program stored in one or more memory units and executable by one or more processors, the software program comprising steps to assign crypto coins based on sensor data, wherein the crypto coins are exchangeable for cryptocurrency.
A method for assigning crypto coins based on kinetic energy, wherein a memory unit stores a software program executable by one or more processing units, the method comprising the steps of:
- recording by a mobile device sensor data from a user during a time period;
- calculating by a data server a number of coins assigned;
- transferring by the data server to a blockchain server the number of coins assigned;
- exchanging by the blockchain server the number of coins assigned for cryptocurrency;
- and
- adding by the blockchain server to a wallet application the cryptocurrency.
3 more elements
Dependencies are inferred from the claim text.