US 2019/0356473 A1 · BESPOKE PROGRAMMABLE CRYPTO TOKEN

Abstract

An example operation may include one or more of receiving proof of performance of an activity from a receiver system, identifying a data block, among a hash-linked chain of data blocks, that includes a bespoke crypto token associated with the activity, reading one or more requirements of the activity based on programmable instructions embedded within the bespoke crypto-token, determining whether the one or more requirements of the activity have been satisfied based on content included within the proof of performance, and in response to the one or more requirements being satisfied, releasing the crypto token to the receiver system.

Claims20

Dependent claims

A computing system comprising:

a memory configured to store a distributed ledger;
and
a processor configured to:
receive proof of performance of an activity from a receiver system;
identify a data block, among a hash-linked chain of data blocks on the distributed ledger, which includes a bespoke crypto token associated with the activity;
read one or more requirements of the activity based on programmable instructions embedded within the bespoke crypto-token;
determine whether the one or more requirements of the activity have been satisfied based on content included within the proof of performance;
and
in response to a determination of satisfaction of the one or more requirements, release a value of the crypto token to the receiver system.

6 more elements

Dependencies are inferred from the claim text.

Facts

Application

15/979,925Filed 15 May 2018

Published

21 Nov 2019

Term ends

Not estimatedThe source records don’t support an estimate.

Classification12 codes

H04L 9/0643
The encryption apparatus using shift registers or memories for block-wise or stream coding, e.g. DES systems or RC4; Hash functions;…
H04L 9/3239
Using cryptographic hash functions: involving non-keyed hash functions, e.g. modification detection codes [MDCs], MD5, SHA or RIPEMD
G06Q 20/065
Private payment circuits, e.g. involving electronic currency used among participants of a common payment scheme: using e-cash
G06Q 20/3678
Involving electronic purses or money safes: e-cash details, e.g. blinded, divisible or detecting double spending

Bespoke programmable crypto token

Life of this patent

Bespoke programmable crypto token

Life of this patent

Abstract

Claims20