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US 2020/0090188 A1Published application
Autonomous data exchange marketplace system and methods
AssigneeMyndshft Technologies, Inc.
InventorsTyler Wince, Ronnie Wince, Stephen Meyers
Life of this patent
Estimating the term…
Abstract
A data exchange marketplace through a private blockchain network is provided in association with a system facilitating automated data exchange and related methodology for effectuating the same.
Claims20
A method for providing a data exchange marketplace through a private blockchain network, the method comprising:
- creating a marketing data object in a world state associated with the blockchain network, wherein the marketing data object provides open access on the private blockchain network to details about a data object stored on a database;
- adding descriptive data to the marketing data object, the descriptive data received from a peer associated with a provider, the descriptive data comprising a first hash of the data object;
- receiving a first transaction proposal on the private blockchain network, from a peer associated with a recommender approved on the private blockchain network, the first transaction proposal comprising a recommendation data object;
- receiving an endorsed first transaction proposal response from each of, the peer associated with the provider and the peer associated with the recommender;
- adding the recommendation data object to the marketing data object in the world state;
- receiving a second transaction proposal on the private blockchain network, from a peer associated with an acquirer approved on the private blockchain network, the second transaction proposal comprising an acquisition data object;
- receiving an endorsed second transaction proposal response from each of, the peer associated with the provider and the peer associated with the acquirer;
- adding the acquisition data object to the marketing data object in the world state;
- facilitating possession of a copy of the data object for the acquirer, wherein possession is only facilitated after the acquisition data object is added to the world state;
- facilitating validation, by the acquirer, that the copy of the data object has a second hash that identically matches the first hash of the data object contained in the marketing data object of the world state;
- and
- modifying at least one of a credit data object associated with the provider, a credit data object associated with the recommender, and a credit data object associated with the acquirer.
9 more elements
A method for providing a data exchange marketplace through a private blockchain network, the method comprising:
- creating a marketing data object in a world state associated with the blockchain network, wherein the marketing data object provides open access on the private blockchain network to details about a data object stored on a database;
- adding descriptive data to the marketing data object, the descriptive data received from a first peer associated with a first entity, the descriptive data comprising a first hash of the data object;
- receiving a first transaction proposal on the private blockchain network, from a second peer associated with a second entity approved on the private blockchain network, the first transaction proposal comprising a recommendation data object;
- receiving an endorsed first transaction proposal response from each of, the first peer associated with the first entity and the second peer associated with the second entity;
- adding the recommendation data object to the marketing data object in the world state;
- receiving a second transaction proposal on the private blockchain network, from a third peer associated with a third entity approved on the private blockchain network, the second transaction proposal comprising an acquisition data object;
- receiving an endorsed second transaction proposal response from each of, the first peer associated with the first entity and the third peer associated with the third entity;
- adding the acquisition data object to the marketing data object in the world state;
- facilitating possession of a copy of the data object for the third entity, wherein possession is only facilitated after the acquisition data object is added to the world state;
- and
- facilitating validation, by the third entity, that the copy of the data object has a second hash that identically matches the first hash of the data object contained in the marketing data object of the world state.
8 more elements
A method for providing a data exchange marketplace through a private blockchain network, the method comprising:
- creating a marketing data object in a world state associated with the blockchain network, wherein the marketing data object provides open access on the private blockchain network to details about a data object stored on a database;
- adding descriptive data to the marketing data object, the descriptive data received from a peer associated with a provider, the descriptive data comprising a first hash of the data object;
- receiving a transaction proposal on the private blockchain network, from a peer associated with an acquirer approved on the private blockchain network, the second transaction proposal comprising an acquisition data object;
- receiving an endorsed transaction proposal response from each of, the peer associated with the provider and the peer associated with the acquirer;
- adding the acquisition data object to the marketing data object in the world state;
- facilitating possession of a copy of the data object for the acquirer, wherein possession is only facilitated after the acquisition data object is added to the world state;
- facilitating validation, by the acquirer, that the copy of the data object has a second hash that identically matches the first hash of the data object contained in the marketing data object of the world state;
- and
- modifying at least one of a credit data object associated with the provider and a credit data object associated with the acquirer.
6 more elements
Dependencies are inferred from the claim text.