Systems And Methods For Tracking And Transferring Ownership Of Connected Devices Using Blockchain Ledgers

  • Published: Feb 16, 2017
  • Earliest Priority: Aug 13 2015
  • Family: 32
  • Cited Works: 0
  • Cited by: 34
  • Cites: 0
  • Additional Info: Full text

The disclosed embodiments include computerized systems and methods that generate secured blockchain-based ledger structures that facilitate event-based control of tracked assets. In one embodiment, an apparatus associated with a centralized authority of the secured blockchain-based ledger may detect an occurrence of an event, and may access and decrypt a set of rules hashed into the secured blockchain-based ledger using a confidentially-held master cryptographic key. The apparatus may identify a rule associated with the detected event, and perform one or more operations consistent with the rule and involving at least one of assets tracked within the secured blockchain-based ledger or an owner of a portion of the tracked assets. By way of example, the detected event may triggering a sale, transfer, and/or re-allocation of an ownership interest in a tracked asset, and the identified rule may specify a distribution of proceeds derived from the sale, transfer, and/or re-allocation.

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Document History
  • Publication: Feb 16, 2017
  • Application: Nov 10, 2015
    US US 201514936833 A
  • Priority: Nov 10, 2015
    US US 201514936833 A
  • Priority: Aug 13, 2015
    US US 201562204768 P

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