Computer-implemented method and system for implementing real-time royalty and enforcing real-time royalty payments in a blockchain network
OwnerJoshua Combs, Christopher W. Hillinventors
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OwnerJoshua Combs, Christopher W. Hillinventors
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A computer-implemented method and system for implementing real-time royalty and enforcing real-time royalty payments in a blockchain network which includes providing a portal platform for rights owner onboarding and registration data and providing a crypto wallet for smart contract credit, debit and staking transactions, a module for uploading user proprietary content data and metadata corresponding to the proprietary content data; a decentralized storage system for the data; employing an AI module for detecting a transaction use of the proprietary content data and using a smart contract stored on a blockchain, wherein the transaction used is associated with a verified digital asset and transaction using the asset; employing an AI module for automatically computing a royalty based on a predefined percentage stored in the smart contract; executing a transfer using a cryptographically secure digital transaction; and recording the completed transaction on the blockchain to create an immutable ledger entry.
A computer-implemented method for implementing real-time royalty and enforcing real-time royalty payments in a blockchain network, the method comprising:
A decentralized system for real-time royalty distribution for digital content, comprising:
A decentralized system for real-time royalty distribution for digital content, comprising:
The decentralized system for real-time royalty distribution of claim of 26, wherein said data aggregation module employs an AI module.
The decentralized system for real-time royalty distribution of claim of 26, wherein said royalty calculation module employs an AI module.
Dependencies are inferred from the claim text.