Abstract

A method and system to use a block chain infrastructure and smart contracts to monetize data transactions involving changes to data included into a data supply chain. The invention describes a system and method to use smart contracts to monetize changes to data using a block chain infrastructure. The system and method matches a data producer's data with a data buyer's specifications, and enables micropayments for changed data responsive to observation of changes to data included into a data supply chain on a granular level. The implementation of block chain infrastructure for data transfer enables a new class of business methods that enables the maintenance of privacy of personal information while giving access to actionable data and implementing a fair and transparent market for data producers and data buyers to use redundant distributed ledgers of transactions on peer to peer networks.


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Document History
  • Publication: Dec 31, 2015
  • Application: Sep 13, 2015
    US US 201514852610 A
  • Priority: Sep 13, 2015
    US US 201514852610 A
  • Priority: Jul 10, 2012
    US US 201213545891 A

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