# US 2019/0378227 A1 · Method and system to facilitate gamified arbitration of smart contracts

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- Number: US 2019/0378227 A1
- Document ID: US20190378227A1
- Status: Published application
- Kind: A1
- Application number: 16/439,275
- Filed: 2019-06-12
- Published: 2019-12-12
- Earliest claimed: 2018-06-12
- Inventors: Robert Vanzetta
- Web page: https://patentgrep.com/patent/US20190378227A1

## CPC

- G06Q 50/182: {Alternative dispute resolution}
- G06Q 20/02: involving a neutral party, e.g. certification authority, notary or trusted third party [TTP]
- G06Q 20/108: {Remote banking, e.g. home banking}
- G06Q 20/383: {Anonymous user system}
- G06Q 20/405: {Establishing or using transaction specific rules}
- G06Q: INFORMATION AND COMMUNICATION TECHNOLOGY [ICT] SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES, NOT OTHERWISE PROVIDED FOR

## Abstract

Disclosed herein is a system to facilitate gamified arbitration of smart contracts. Further, the system includes a communication device configured for receiving a smart contract data associated with a disputed smart contract from an external system, transmitting an arbitration request to a plurality of arbitrator devices to arbitrate the disputed smart contract, receiving an acceptance of the arbitration request from two or more arbitrator devices in the plurality of arbitrator devices, receiving an arbitration stake from the two or more arbitrator accounts associated with the two or more arbitrator devices, transmitting the smart contract data to the two or more arbitrator devices, and receiving an arbitration result from the two or more arbitrator devices, and a processing device configured for allocating the security deposit fund amongst the plurality of participants and the two or more arbitrators corresponding to the two or more arbitrator devices based on the arbitration result.

## Claims

### Claim 1

A method to facilitate gamified arbitration of disputed smart contracts, the method comprising:
receiving, using a communication device, a smart contract data associated with a disputed smart contract from an external system, wherein the smart contract data comprises at least one of an arbitration clause and information about a plurality of participants of the disputed smart contract and an associated security deposit data,
transmitting, using the communication device, an arbitration request to a plurality of arbitrator devices to arbitrate the disputed smart contract;
receiving, using the communication device, an acceptance of the arbitration request from two or more arbitrator devices in the plurality of arbitrator devices;
transmitting, using the communication device, the smart contract data to the two or more arbitrator devices;
receiving, using the communication device, an arbitration result from the two or more arbitrator devices;
allocating, using a processing device, a smart contract fund associated with the disputed smart contract amongst the plurality of participants based on the arbitration result, wherein the smart contract fund comprises a value of the disputed smart contract; and
allocating, using the processing device, the smart contract fund amongst the two or more arbitrator accounts corresponding to the two or more arbitrator devices based on the arbitration result.

### Claim 2 (depends on 1)

The method of claim 1, the method comprising:
receiving, using the communication device, an arbitration stake from the two or more arbitrator accounts associated with the two or more arbitrator devices, wherein the arbitration stake is added to the security deposit fund.

### Claim 3 (depends on 1)

The method of claim 1, wherein the associated security deposit data comprises information about a plurality of security deposits received from the plurality of participants to create a security deposit fund.

### Claim 4 (depends on 1)

The method of claim 1, wherein the smart contract data includes at least one of a contract data and a dispute data, wherein the contract data comprises one or more terms of the disputed smart contract, identification data related to the one or more participants, wherein the dispute data comprises one or more unenforced terms of the disputed smart contract by one or more participants of the plurality of participants.

### Claim 5 (depends on 1)

The method of claim 1, wherein each participant in the plurality of participants contributes a predetermined amount to the security deposit fund at the time of institution of the disputed smart contract.

### Claim 6 (depends on 1)

The method of claim 1, wherein the smart contract data includes a predetermined number of the arbitrators required to arbitrate the disputed smart contract, wherein acceptance is received from the two or more arbitrator devices based on the predetermined number of the arbitrators.

### Claim 7 (depends on 1)

The method of claim 1 further comprising:
anonymizing, using the processing device, the smart contract data to generate an anonymized smart contract data; and
transmitting, using the communication device, the anonymized smart contract data to the two or more arbitrator devices.

### Claim 8 (depends on 1)

The method of claim 1 further comprising transmitting, using the communication device, at least one rule to the two or more arbitrator devices for arbitration of the disputed smart contract.

### Claim 9 (depends on 1)

The method of claim 1 further comprising:
analyzing, using the processing device, the arbitration result;
assigning, using the communication device, a rating to each of the two or more arbitrators corresponding to the two or more arbitrator devices based on the analyzing of the arbitration result; and
transmitting, using the communication device, the assigned rating to each of the two or more arbitrator devices.

### Claim 10 (depends on 1)

The method of claim 1, wherein the arbitration result comprises a percentage share of the security deposit corresponding to the plurality of participants, wherein the allocating comprises distributing the security deposit fund amongst the plurality of participants based on an average of the percentage share of the security deposit as assigned by the two or more arbitrators.

### Claim 11 (depends on 1)

The method of claim 1 further comprising:
evaluating, using the processing device, the arbitration result to determine collusion between the two or more arbitrators;
imposing, using the processing device, a penalty on the two or more colluding arbitrators based on the evaluating.

### Claim 12 (depends on 1)

The method of claim 1 wherein the transmitting further comprising:
inspecting, using the processing device, the smart contract data; and
determining, using the processing device, the plurality of arbitrators from predetermined tiers of arbitrators based on the inspecting.

### Claim 13

A system to facilitate gamified arbitration of disputed smart contracts, the system comprising:
a communication device configured for:
receiving a smart contract data associated with a disputed smart contract from an external system, wherein the smart contract data comprises at least one of an arbitration clause, information about a plurality of participants of the disputed smart contract and an associated security deposit data;
transmitting an arbitration request to a plurality of arbitrator devices to arbitrate the disputed smart contract;
receiving an acceptance of the arbitration request from two or more arbitrator devices in the plurality of arbitrator devices;
transmitting the smart contract data to the two or more arbitrator devices;
receiving an arbitration result from the two or more arbitrator devices; and
a processing device configured for:
allocating a smart contract fund associated with the disputed smart contract amongst the plurality of participants based on the arbitration result, wherein the smart contract fund comprises a value of the disputed smart contract; and
allocating the security deposit fund amongst the two or more arbitrator accounts corresponding to the two or more arbitrator devices based on the arbitration result.

### Claim 14 (depends on 13)

The system of claim 13, the system comprising:
receiving an arbitration stake from the two or more arbitrator accounts associated with the two or more arbitrator devices, wherein the arbitration stake is added to the security deposit fund.

### Claim 15 (depends on 13)

The system of claim 13, wherein the associated security deposit data comprises information about a plurality of security deposits received from the plurality of participants to create a security deposit fund.

### Claim 16 (depends on 13)

The system of claim 13, wherein the smart contract data includes at least one of a contract data and a dispute data, wherein the contract data comprises one or more terms of the disputed smart contract, identification data related to the one or more participants, wherein the dispute data comprises one or more unenforced terms of the disputed smart contract by one or more participants of the plurality of participants.

### Claim 17 (depends on 13)

The system of claim 13, wherein each participant in the plurality of participants contributes a predetermined amount to the security deposit fund at the time of institution of the disputed smart contract.

### Claim 18 (depends on 13)

The system of claim 13, wherein the smart contract data includes a predetermined number of the arbitrators required to arbitrate the disputed smart contract, wherein the acceptance is received from the two or more arbitrator devices based on the predetermined number of the arbitrators.

### Claim 19 (depends on 13)

The system of claim 13, wherein the processing device is further configured for anonymizing the smart contract data to generate an anonymized smart contract data, and the communication device is further configured for transmitting the anonymized smart contract data to the two or more arbitrator devices.

### Claim 20 (depends on 13)

The system of claim 13, wherein the communication device is further configured for transmitting at least one rule to the two or more arbitrator devices for arbitration of the disputed smart contract.

### Claim 21 (depends on 13)

The system of claim 13, wherein the processing device is further configured for:
analyzing the arbitration result;
assigning a rating to each of the two or more arbitrators corresponding to the two or more arbitrator devices based on the analyzing of the arbitration result; and
the communication device is configured for transmitting the assigned rating to each of the two or more arbitrator devices.

### Claim 22 (depends on 13)

The system of claim 13, wherein the arbitration result comprises a percentage share of the security deposit corresponding to the plurality of participants, wherein the allocating comprises distributing the security deposit fund amongst the plurality of participants based on an average of the percentage share of the security deposit as assigned by the two or more arbitrators.

### Claim 23 (depends on 13)

The system of claim 13, wherein the processing device is further configured for:
evaluating the arbitration result to determine collusion between the two or more arbitrators;
imposing a penalty on the two or more colluding arbitrators based on the evaluating.

### Claim 24 (depends on 13)

The system of claim 13, wherein the processing device is further configured for:
inspecting the smart contract data; and
determining the plurality of arbitrators from predetermined tiers of arbitrators based on the inspecting.
