IP Library Patent Application 16118414
Patent Application
App. No. 16/118,414

SYSTEMS AND METHODS OF BLOCKCHAIN PLATFORM FOR AUTOMATED ASSET BASED PROVISIONING OF RESOURCES

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Quick Facts
Patent No.
US None
App. No.
16/118,414
Abstract

The systems and methods on a blockchain platform of automated asset provisioning, comprising: timing a period of staking; allocating fixed resources for the period with a fixed valuation; allocating fungible resources for the period with a fungible valuation; establishing a net worth on the blockchain with the fixed and fungible valuation using a multiplier; locking portion of the net worth on the blockchain to participate in a transaction; receiving initial trigger to participate in the transaction on the blockchain; anticipating revised valuation of the net worth for participation on the transaction; calculating a participation constraint for the transaction with revised valuation and a target criterion; and automatically deciding to participate based on reaching a threshold for the participation constraint.

Claims (44)

1 . A method on a blockchain platform of automated asset provisioning, comprising:

timing a period of staking;

allocating fixed resources for the period with a fixed valuation;

allocating fungible resources for the period with a fungible valuation;

establishing a net worth on the blockchain with the fixed and fungible valuation using a multiplier;

locking portion of the net worth on the blockchain to participate in a transaction;

receiving initial trigger to participate in the transaction on the blockchain;

anticipating revised valuation of the net worth for participation on the transaction;

calculating a participation constraint for the transaction with revised valuation and a target criterion; and

automatically deciding to participate based on reaching a threshold for the participation constraint.

2 . The method of claim 1 , wherein the revised valuation of the net worth is based on one of the following:

(i) earning fungible valuation for providing services; or

(ii) spending fungible valuation for using services.

3 . The method of claim 1 , wherein the established net worth on the blockchain accounts for inflation rate.

4 . The method of claim 1 , wherein the multiplier can be revised only within a set range.

5 . The method of claim 1 , wherein the multiplier is determined based on type of participation on the transaction.

6 . The method of claim 1 , wherein the multiplier is determined based on a participating entity role including one of the following: a blobber, a sharder, a miner or a client.

7 . The method of claim 1 , wherein the blockchain platform has more than one current assigned value of the multiplier at a given time.

8 . The method of claim 1 , wherein the blockchain platform has a single assigned value of the multiplier at a given time.

9 . The method of claim 1 , wherein the multiplier value is dependent on the locking portion of the net worth or period of staking.

10 . The method of claim 1 , further comprising:

deallocating fungible resources and decreasing valuation for disregarding one or more rules of the blockchain platform.

11 . A system on a blockchain platform of automated asset provisioning, comprising:

a timing module to determine a period of staking;

an allocating-fixed module to allocate fixed resources for the period with a fixed valuation;

an allocating-fungible module to allocate fungible resources for the period with a fungible valuation;

an establishing module to establish a net worth on the blockchain with the fixed and fungible valuation using a multiplier;

a locking-module to lock a portion of the net worth on the blockchain to participate in a transaction;

a receiving module to receive an initial trigger to participate in the transaction on the blockchain;

an anticipating module to anticipate revised valuation of the net worth for participation on the transaction;

a calculating module to calculate a participation constraint for the transaction with revised valuation and a target criterion; and

an automatically deciding module to decide to participate based on reaching a threshold for the participation constraint.

12 . The system of claim 11 , wherein the revised valuation of the net worth is based on one of the following:

(iii) an earning module to earn fungible valuation for providing services; or

(iv) a spending module to spend fungible valuation for using services.

13 . The system of claim 11 , wherein the established net worth on the blockchain accounts for inflation rate.

14 . The system of claim 11 , wherein the multiplier can be revised only within a set range.

15 . The system of claim 11 , wherein the multiplier is determined based on type of participation on the transaction.

16 . The system of claim 11 , wherein the multiplier is determined based on a participating entity role including one of the following: a blobber, a sharder, a miner or a client.

17 . The system of claim 11 , wherein the blockchain platform has more than one current assigned value of the multiplier at a given time.

18 . The system of claim 11 , wherein the blockchain platform has a single assigned value of the multiplier at a given time.

19 . The system of claim 11 , wherein the multiplier value is dependent on the locking portion of the net worth or period of staking.

20 . The system of claim 11 , further comprising:

deallocating module to deallocate fungible resources and module to decrease valuation for disregarding one or more rules of the blockchain platform.

Assignments (1)
ASSIGNMENT OF ASSIGNOR'S INTEREST Recorded Sep 19, 2018
From: BASU, SASWATA
To: 0CHAIN, LLC
Reel/Frame 046914/0704 →