IP Library Granted Patent US 11,379,867
Granted Patent B2
US 11,379,867 · App. 17/010,797 · Granted Jul 5, 2022

Method for automatically providing cryptocurrency to recommender using propagation on SNS

Inventor: Sang Mi Ryu (Incheon, KR)
G06Q30/0214G06Q20/0655G06Q20/384G06Q20/38215G06Q30/0215G06Q30/0236G06Q40/04G06Q50/01H04L9/0637G06Q20/3678G06Q2220/00H04L2209/38H04L2209/56
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Quick Facts
Patent No.
US 11,379,867
App. No.
17/010,797
Granted
Jul 5, 2022
Kind
B2
Abstract

According to an embodiment, a method for automatically providing a cryptocurrency to a recommender using social networking service (SNS) propagation comprises a recommending step in which a blockchain membership node of a member having membership in a proof-of-expansion (PoX) blockchain platform server recommends an identity (ID) of an SNS friend of the member to the PoX blockchain platform server, a registering step in which the PoX blockchain platform server newly registers the ID of the SNS friend as a blockchain membership node, and a reward rate determining step in which the PoX blockchain platform server determines a reward rate for each blockchain member in association with the number of SNS friend IDs that the blockchain member recommends.

Claims (11)

1. A blockchain-based cryptocurrency transaction system, comprising:

at least one blockchain holder node;

a platform server configuring and storing a member terminal group of only member terminals of a social network service (SNS), the platform server configured to allow a blockchain transaction between the member terminals included in the member terminal group and not to allow a blockchain transaction with a terminal not included in the member terminal group;

a first terminal included in the member terminal group; and

at least one second terminal of the SNS, connected with the first terminal via the platform server, wherein

the first terminal transmits a recommendation request including an identity (ID) of the at least one second terminal to the platform server, wherein

in response to the recommendation request, the platform server includes the second terminal corresponding to the ID in the member terminal group, registers the second terminal as a new blockchain membership node, and transmits an amount of cryptocurrency corresponding to a number of IDs received from the first terminal, wherein

when a blockchain transaction occurs between the first terminal and the second terminal, a processing request including the blockchain transaction is transmitted to the platform server, wherein

in response to the processing request, the platform server transmits the blockchain transaction to the at least one blockchain holder node, wherein

the at least one blockchain holder node verifies validity of the blockchain transaction according to a blockchain algorithm and transmits a result of the verification to the platform server, and the platform server confirms the blockchain transaction, wherein

the platform server is a proof-of-expansion (PoX) platform server.

Priority Claims (1)
KR 10-2018-0070307 · Jun 19, 2018 · national
Continuity (2)
Continuation In Part 16138617 · Sep 21, 2018
Related Publication 20200402091A1 · Dec 24, 2020