Zero knowledge third party guarantee of service on decentralized computing platform
A zero-knowledge, computer-based technology, applied in the field of services, that can solve problems such as subversion, inadequate operations, and reputation systems that cannot track multiple individual goods and service providers
- Summary
- Abstract
- Description
- Claims
- Application Information
AI Technical Summary
Problems solved by technology
Method used
Image
Examples
example 1
[0075] Party 1 (302) is an anonymous individual, such as a user. The participant 1 ( 302 ) has a reputation amount 1232 . Party 1 (302) wishes to rent movie M for 24 hours to play on an authenticated multimedia content player using a nearby cached copy.
[0076] Participant 2 (304) is an anonymous content delivery network (CDN) service. The participant 2 (304) has a reputation of 140,000. Party 2 (304) has a cached copy of movie M located close to Party 1 (302).
[0077] Party 3 ( 306 ) is the named content owner 306 . The reputation of the party 3 (306) is greater than 1 million. Party 3 (306) owns the content and provides rental services, but requires a guarantor of over 100,000 reputation backed by escrow of over 100,000 bitcoins or other cryptocurrency (BTC).
[0078]Participant 4 (308) is referred to as the transaction guarantor. The reputation of the party 4 (308) is >200,000. Participant 4 (308) uses 2000 BTC in custody as a "partial reservation" guarantee to pre...
example 2
[0081] The professional guarantor agrees to act as a binding agency for the successful completion of the crowdfunding effort to produce the film. Crowdfunding funds will accumulate multi-party intelligence. Contracts are formulated as verifiable open-source zero-knowledge schemes or traditional cryptocurrency-based smart contracts. It pays money based on knowledge in the reputation knowledge space, and possibly based on fulfillment of the goals of the prediction market associated with the reputation.
[0082] Guaranteed service process
[0083] Figure 4 is a flowchart 400 illustrating providing one or more services with a guarantee from a sponsoring party.
[0084] The method includes starting at step 402 and proceeding immediately to step 404 . E.g, image 3 Party 1 (302) in will initiate a reputation process. One embodiment of a service is a computer-implemented method. The method includes running on a server, for example as a cloud server, providing the service un...
PUM
Abstract
Description
Claims
Application Information
- R&D Engineer
- R&D Manager
- IP Professional
- Industry Leading Data Capabilities
- Powerful AI technology
- Patent DNA Extraction
Browse by: Latest US Patents, China's latest patents, Technical Efficacy Thesaurus, Application Domain, Technology Topic, Popular Technical Reports.
© 2024 PatSnap. All rights reserved.Legal|Privacy policy|Modern Slavery Act Transparency Statement|Sitemap|About US| Contact US: help@patsnap.com