Transaction-enabled systems and methods for transaction execution with licensing smart wrappers
Transaction-enabled systems and methods for transaction execution with licensing smart wrappers are disclosed. An example system may include a smart contract wrapper configured to access a distributed ledger comprising a plurality of IP licensing terms for a plurality of IP assets comprising an aggregate stack of IP. The smart contract wrapper may be further configured to interpret an IP description value and an IP addition request and, in response to the request and IP description value, to add an IP asset to the aggregate stack of IP. A transaction execution circuit provides a transaction implementation command in response to at least one of a transaction geographic value or a transaction jurisdiction value.
1. A method, comprising:
accessing, by a smart wrapper, a distributed ledger comprising a plurality of intellectual property (IP) licensing terms corresponding to a plurality of IP assets, the plurality of IP assets comprising an aggregate stack of IP, the aggregate stack of IP including at least one instance of executable instructions and at least one identifier for a patent, the executable instructions being added to the aggregate stack of IP by a contributing entity, wherein the executable instructions are one of the plurality of IP assets,
wherein the executable instructions are digital and provide executable steps for producing a physical object, and wherein the executable steps include steps for at least one of: a coating process, a 3D printing process, a semiconductor fabrication process, a food preparation process, a polymer production process, a chemical synthesis process, a biological production process, or a crystal fabrication process;
the executable instructions of the one of the plurality of IP assets being added to the aggregate stack of IP by:
storing the executable instructions in an IP asset data store separate from and in communication with the distributed ledger over a network infrastructure, the IP asset data store including a non-transitory computer-readable storage medium; and
storing, on the distributed ledger, a pointer referencing a location of the executable instructions in the IP asset data store;
receiving, from a first party via a web-based user interface provided by the smart wrapper, verification information of the first party, an IP description value and an IP addition request for updating the one of the plurality of IP assets with updated executable instructions;
verifying an authorization of the first party based on the verification information, the verification information including information obtained via a login interface of the web-based user interface and an internet protocol address of the first party, wherein the first party provides the information to the login interface over the network infrastructure via a remote mobile device;
in response to the authorization, the IP addition request, and the IP description value, the smart wrapper updating the IP asset on the aggregate stack of IP and storing the updated IP asset by:
storing, in the IP asset data store separate from and in communication with the distributed ledger, underlying data of the updated IP asset including the updated executable instructions; and
updating, on the distributed ledger, the pointer to reference the location of the updated executable instructions stored in the IP asset data store,
wherein distributed memory locations of the distributed ledger agree on a consistency of the updated pointer on the distributed ledger to thereby create an updated version of the distributed ledger;
receiving access requests and royalty payments to access the updated executable instructions by respective parties;
executing an operation, responsive to receiving one of the access requests, to commit one of the respective parties to at least one of the plurality of IP licensing terms corresponding to the one of the IP assets including the updated executable instructions via the distributed ledger, whereby the one of the respective parties is provided with access to the updated executable instructions in accordance with the at least one of the plurality of IP licensing terms;
providing access to the updated executable instructions to the one of the respective parties by providing an interface description for the updated executable instructions, the interface description including an application programming interface (API) for accessing the updated executable instructions, wherein the access is restricted according to a scope of use defined by the at least one of the plurality of IP licensing terms, the scope of use including at least one of a time frame for using the updated executable instructions or a volume of use of the updated executable instructions;
recording on the distributed ledger, by the smart wrapper, access information of the one of the respective parties based on providing the one of the respective parties with access to the updated executable instructions in accordance with the at least one of the plurality of IP licensing terms, wherein the access information includes at least one of a username, an e-mail address, an internet protocol address, a geographic location, a time stamp, or which portion of the updated executable instructions are available for access by the one of the respective parties;
interpreting a transaction request provided by a party requesting access to the updated executable instructions in exchange for a royalty, the royalty being provided as a cryptocurrency, the transaction request indicating a cryptocurrency type and an amount of the cryptocurrency,
wherein the party provides the transaction request to the smart wrapper via the web-based user interface provided by the smart wrapper to the party,
the smart wrapper is included with a controller, and
the smart wrapper provides a consistent web-based user interface to the party for receiving the transaction request from the party such that changes to the controller are invisible to the party;
determining a transaction location parameter corresponding to the transaction request, the transaction location parameter comprising at least one of a transaction geographic value or a transaction jurisdiction value; and
providing, by the smart wrapper, a transaction implementation command for the one of the plurality of IP assets in response to the transaction location parameter and the IP licensing terms, the transaction implementation command indicating a geographical location of a server on which to execute a transaction corresponding to the transaction request.
2. The method of claim 1 , further comprising interpreting transactions and storing transaction location parameter values corresponding to each of the transactions according to at least one of: transaction type, transaction amount, or entity characteristics corresponding to requesting entities for the transactions.
3. The method of claim 2 , further comprising executing transaction tasks including providing transaction implementation commands based at least in part on the transaction location parameter values.
4. The method of claim 1 , further comprising:
interpreting a plurality of transaction request values, wherein each transaction request value includes a transaction description for a proposed transaction.
5. The method of claim 4 , further comprising commanding execution of the proposed transaction.
6. The method of claim 4 , wherein the transaction description includes a cryptocurrency type value and a transaction amount value.
7. The method of claim 1 , wherein the executable instructions includes descriptions to perform a proprietary operation.
8. The method of claim 1 , further comprising:
the smart wrapper operating to provide an interface to the party for receiving the transaction request, and to provide an interface to a transaction engine for sending the transaction implementation command.
9. The method of claim 1 , wherein the distributed ledger is a blockchain, and wherein more than half of the distributed memory locations of the blockchain agree on the updated pointer.
10. A non-transitory computer readable storage medium storing instructions that, when executed by one or more processors, comprise:
accessing, by a smart wrapper, a distributed ledger comprising a plurality of intellectual property (IP) licensing terms corresponding to a plurality of IP assets, the plurality of IP assets comprising an aggregate stack of IP, the aggregate stack of IP including at least one instance of executable instructions and at least one identifier for a patent, the executable instructions being added to the aggregate stack of IP by a contributing entity, wherein the executable instructions are one of the plurality of IP assets,
wherein the executable instructions are digital and provide executable steps for producing a physical object, and wherein the executable steps include steps for at least one of: a coating process, a 3D printing process, a semiconductor fabrication process, a food preparation process, a polymer production process, a chemical synthesis process, a biological production process, or a crystal fabrication process;
the executable instructions of the one of the plurality of IP assets being added to the aggregate stack of IP by:
storing the executable instructions in an IP asset data store separate from and in communication with the distributed ledger over a network infrastructure, the IP asset data store including a non-transitory computer-readable storage medium; and
storing, on the distributed ledger, a pointer referencing a location of the executable instructions in the IP asset data store;
receiving, from a first party via a web-based user interface provided by the smart wrapper, verification information of the first party, an IP description value and an IP addition request for updating the one of the plurality of IP assets with updated executable instructions;
verifying an authorization of the first party based on the verification information, the verification information including information obtained via a login interface of the web-based user interface and an internet protocol address of the first party, wherein the first party provides the information to the login interface over the network infrastructure via a remote mobile device;
in response to the authorization, the IP addition request, and the IP description value, the smart wrapper updating the IP asset on the aggregate stack of IP and storing the updated IP asset by:
storing, in the IP asset data store separate from and in communication with the distributed ledger, underlying data of the updated IP asset including the updated executable instructions; and
updating, on the distributed ledger, the pointer to reference the location of the updated executable instructions stored in the IP asset data store,
wherein distributed memory locations of the distributed ledger agree on a consistency of the updated pointer on the distributed ledger to thereby create an updated version of the distributed ledger;
receiving access requests and royalty payments to access the updated executable instructions by respective parties;
executing an operation, responsive to receiving one of the access requests, to commit one of the respective parties to at least one of the plurality of IP licensing terms corresponding to the one of the IP assets including the updated executable instructions via the distributed ledger, whereby the one of the respective parties is provided with access to the updated executable instructions in accordance with the at least one of the plurality of IP licensing terms;
providing access to the updated executable instructions to the one of the respective parties by providing an interface description for the updated executable instructions, the interface description including an application programming interface (API) for accessing the updated executable instructions, wherein the access is restricted according to a scope of use defined by the at least one of the plurality of IP licensing terms, the scope of use including at least one of a time frame for using the updated executable instructions or a volume of use of the updated executable instructions;
recording on the distributed ledger, by the smart wrapper, access information of the one of the respective parties based on providing the one of the respective parties with access to the updated executable instructions in accordance with the at least one of the plurality of IP licensing terms, wherein the access information includes at least one of a username, an e-mail address, an internet protocol address, a geographic location, a time stamp, or which portion of the updated executable instructions are available for access by the one of the respective parties;
interpreting a transaction request provided by a party requesting access to the updated executable instructions in exchange for a royalty, the royalty being provided as a cryptocurrency, the transaction request indicating a cryptocurrency type and an amount of the cryptocurrency,
wherein the party provides the transaction request to the smart wrapper via the web-based user interface provided by the smart wrapper to the party,
the smart wrapper is included with a controller, and
the smart wrapper provides a consistent web-based user interface to the party for receiving the transaction request from the party such that changes to the controller are invisible to the party;
determining a transaction location parameter corresponding to the transaction request, the transaction location parameter comprising at least one of a transaction geographic value or a transaction jurisdiction value; and
providing, by the smart wrapper, a transaction implementation command for the one of the plurality of IP assets in response to the transaction location parameter and the IP licensing terms, the transaction implementation command indicating a geographical location of a server on which to execute a transaction corresponding to the transaction request.
11. The non-transitory computer readable storage medium of claim 10 , wherein the instructions further comprise interpreting transactions and storing transaction location parameter values corresponding to each of the transactions according to at least one of: transaction type, transaction amount, or entity characteristics corresponding to requesting entities for the transactions.
12. The non-transitory computer readable storage medium of claim 11 , wherein the instructions further comprise executing transaction tasks including providing transaction implementation commands based at least in part on the transaction location parameter values.
13. The non-transitory computer readable storage medium of claim 10 , wherein the instructions further comprise:
interpreting a plurality of transaction request values,
wherein each transaction request value includes a transaction description for a proposed transaction.
14. The non-transitory computer readable storage medium of claim 13 , wherein the instructions further comprise commanding execution of the proposed transaction.
15. The non-transitory computer readable storage medium of claim 13 , wherein the transaction description includes a cryptocurrency type value and a transaction amount value.
16. The non-transitory computer readable storage medium of claim 10 , wherein the executable instructions includes descriptions to perform a proprietary operation.
17. The non-transitory computer readable storage medium of claim 10 , wherein the instructions further comprise:
the smart wrapper operating to provide an interface to the party for receiving the transaction request, and to provide an interface to a transaction engine for sending the transaction implementation command.
18. The non-transitory computer readable storage medium of claim 10 , wherein the distributed ledger is a blockchain, and wherein more than half of the distributed memory locations of the blockchain agree on the updated pointer.