Raj Jain, Tara Salman, "Systems and Methods for Probabilistic Blockchains," U.S. patent US20200142905 A1, May 7, 2020.

ABSTRACT:

A method for constructing blocks to a probabilistic blockchain is provided. The method includes receiving a plurality of transactions from a pularity of agents. Each transaction of the pluarlity of transations includes a confidence rating. The method also includes generating a summary based on the plurality of confidence ratings associated with the plurality of transactions. The method further includes genrating a block based on the summary and the plurality of transactions. Moreover, the method includes transmitting the block to a plurality of nodes for verification. If the block is verified, the method also includes adding the block to the probabilistic blockchain.

Complete patent application in Adobe Acrobat format. It can also be downloaded freely from Free Patents Online.


Back to the List of Papers
Back to Raj Jain's home page