Method for incorporating a blockchain in a multi-level marketing system
AssigneeKwikClick, LLC
InventorFred Cooper
Life of this patent
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AssigneeKwikClick, LLC
InventorFred Cooper
Estimating the term…
Methods consistent with the present disclosure allow purchasers of a product to become a product distributor as part a multi-level marketing (MLM) organization. Once a person has purchased an item (a product or service) via their user device, they may be allowed to share information associated with the item with other user devices. Data that identifies commissions paid to user distributors of an MLM organization may be secured at chains of data blocks that store encrypted data, each data block may be secured with a unique key. Several computers may communicate with each other when products are sold by members of an MLM organization. A third party network computer may send information to a “blockchain computer” that stores commission data and a computer that administrates functions of the MLM system may communicate with the blockchain computer when product sale commissions are identified and distributed.
A method for securing data, the method comprising:
A non-transitory computer-readable storage medium having embodied thereon a program executable by a processor for implementing a method for securing data, the method comprising:
Dependencies are inferred from the claim text.