Systems and methods for autonomous device transacting

a technology of autonomous transacting and system, applied in the field of electronic connectivity and communications, can solve the problems of limiting the autonomy of the devices operating in the central system, not allowing optimal connectivity, autonomous transacting, communication between and through the devices, and not realizing the full potential of digitally connecting the physical world of things

Inactive Publication Date: 2017-05-11
BEAN HLDG LLC
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  • Summary
  • Abstract
  • Description
  • Claims
  • Application Information

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Problems solved by technology

These centralized systems for connecting these devices, however, are accompanied with several disadvantages that limit connectivity in remote locations, limit the autonomy of the devices operating in the centralized systems, and therefore, do not allow for optimal connectivity, autonomous transacting, and communications between and through the devices.
While the ability to build connectivity between devices like these is novel, there is a possibility that it may not realize the full potential of digitally connecting the physical

Method used

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  • Systems and methods for autonomous device transacting
  • Systems and methods for autonomous device transacting
  • Systems and methods for autonomous device transacting

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Embodiment Construction

[0014]The following description of the preferred embodiments of the inventions are not intended to limit the inventions to these preferred embodiments, but rather to enable any person skilled in the art to make and use these inventions.

[0015]Dist Protocols

[0016]In the present application, a set of protocols called Distributed Sentient Transactions (DIST), are implemented in the systems and methods described herein to provide a minimum set of requirements necessary to realize autonomous, decentralized devices.

[0017]In addition to the capabilities described of DIST and other novel protocols described herein, there are two fundamental requirements that are cornerstone for implementing a truly decentralized connected device environment. The baseline of these requirements revolve around security and privacy.

[0018]Security and privacy as two concepts that are sometimes used interchangeably, and while these concepts are related, they are not the same thing. For instance, in the realm of co...

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Abstract

A system and method for facilitating a transaction involving an autonomous device includes: receiving a transaction request from the initiating party; generating an addendum based on the transaction request; validating the one or more requests in the addendum by referencing the one or more claims in the exhibit; digitally signing the addendum by the autonomous transacting device with a cryptographic key and by the initiating transacting device with a cryptocurrency key; verifying a value of the cryptocurrency key; and performing the one or more requests of the transaction request based on the digitally signed addendum and once the value of the cryptocurrency key is verified.

Description

CROSS-REFERENCE TO RELATED APPLICATIONS[0001]This application claims the benefit of U.S. Provisional Application No. 62 / 252,306, filed 6 Nov. 2015, which is incorporated in its entirety by this reference.TECHNICAL FIELD[0002]The inventions of the present application relate generally to the electronic connectivity and communications fields, and more specifically to improved systems and methods for implementing secure and private communications between devices.BACKGROUND[0003]In many centralized systems, many devices across great and small distances can achieve heightened levels of connectivity and interaction without being physically connected to each other and thus, are able to connect and communicate with one another wirelessly. These centralized systems for connecting these devices, however, are accompanied with several disadvantages that limit connectivity in remote locations, limit the autonomy of the devices operating in the centralized systems, and therefore, do not allow for ...

Claims

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Application Information

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IPC IPC(8): G06Q20/38H04L9/32
CPCG06Q20/3829H04L2209/56G06Q2220/00H04L9/3247G06Q20/06G06Q20/065H04L9/3297H04L9/3236H04L63/061H04L63/0428H04L9/50H04L9/0637H04L9/14H04L9/30H04L63/083H04L2209/80H04W12/04H04W12/06H04L67/12H04L2209/805H04W12/02H04L9/0861
Inventor MILLER, JEREMIEMULDOWNEY, THOMASCLIFT-JENNINGS, ALLISON
Owner BEAN HLDG LLC
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