Asset transfer using decentralized ledger technology based on biological relationship
AssigneeNuméraire Financial, Inc.
InventorsAlexander LIPTON, Thomas P. HARDJONO
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AssigneeNuméraire Financial, Inc.
InventorsAlexander LIPTON, Thomas P. HARDJONO
Estimating the term…
Asset transfer using decentralized ledger technology based on a biological relationship between a claimant and a person associated with a physical product instance. The provenance of the physical product instance is traced using cryptography and decentralized ledger technology. For example, mechanisms to restrict ownership of the physical product instance are based on a combination of a DNA biological fingerprint of the person who originated the physical product instance and smart contract technology. The physical product instance can be represented as digital tokens on a blockchain. Due to restricted ownership rules associated with the physical product instance, a claimant seeking to acquire the physical product instance via the digital token and smart contract is required to prove that they satisfy the restricted ownership rules based on a biological relationship to the person who originated the physical product instance.
A computer-implemented method comprising:
A computer-implemented method comprising:
A non-transitory computer-readable medium having stored thereon instructions that, when executed by one or more processors, cause the one or more processors to perform operations including:
Dependencies are inferred from the claim text.