IP Library Granted Patent US 11,455,537
Granted Patent B2
US 11,455,537 · App. 17/717,490 · Granted Sep 27, 2022

Architectures, systems and methods for program defined transaction system and decentralized cryptocurrency system

Inventors: Randall M. Katz (Beverly Hills, CA); Robert Tercek (Los Angeles, CA)
Assignee: MILESTONE ENTERTAINMENT, LLC
G06N3/08G06F9/54G06F21/53G06N3/006G06N3/04G06Q20/065G06Q20/0655G06Q20/12G06V40/16G07F17/3206G07F17/329G07F17/3225G07F17/3237G07F17/3241G06N5/04G06Q2220/00
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Quick Facts
Patent No.
US 11,455,537
App. No.
17/717,490
Filed
Apr 11, 2022
Granted
Sep 27, 2022
Kind
B2
Art Unit
2122
USPC
706/25
Abstract

In one aspect, the invention comprises a system and method for control of a transaction state system utilizing a distributed ledger. First, the system and method includes an application plane layer adapted to receive instructions regarding operation of the transaction state system. Preferably, the application plane layer is coupled to the application plane layer interface. Second, a control plane layer is provided, the control plane layer including an adaptive control unit, such as a cognitive computing unit, artificial intelligence unit or machine-learning unit. Third, a data plane layer includes an input interface to receive data input from one or more data sources and to provide output coupled to a decentralized distributed ledger, the data plane layer is coupled to the control plane layer. Optionally, the system and method serve to implement a smart contract on a decentralized distributed ledger.

Claims (23)

1. A method for the control of a program defined transaction system utilizing a decentralized distributed ledger, the system including at least an application plane layer, a control plane layer including an adaptive control unit including a cognitive computing unit, and a data plane layer, the data plane layer including an input interface to receive data input from one or more data sources other than the control plane layer and a title and value transfer element for storing information regarding cryptocurrency, comprising:

receiving at the application plane layer instructions regarding operation of the program defined transaction system, the application plane layer coupled to an application plane layer interface, the application plane layer communicating the requirements and desired behavior to the control plane layer via an application controller interface,

interfacing the control plane layer with the application plane layer via the application plane layer interface to receive information related to the instructions regarding operation of the program defined transaction system, the control plane layer including the cognitive computing unit, the control plane layer translating the requirements of the application plane layer to the data plane layer, and

receiving at the input interface of the data plane layer information related to the transfer of cryptocurrency for use in the program defined transaction system, storing the information in the title and value transfer element to implement a smart contract via the decentralized distributed ledger, the data plane layer being coupled to the control plane layer.

2. The method for control of the program defined transaction system of claim 1 wherein the decentralized distributed ledger is a blockchain.

3. The method for control of the program defined transaction system of claim 1 wherein the smart contract implements a lottery.

4. The method for control of the program defined transaction system of claim 3 wherein the smart contract to implement the lottery includes a time frame in which to receive the cryptocurrency.

5. The method for control of the program defined transaction system of claim 3 wherein the smart contract to implement the lottery includes a random number generator.

6. The method for control of the program defined transaction system of claim 5 wherein the random number generator has an algorithmic guarantee of randomness.

7. The method for control of the program defined transaction system of claim 1 wherein the smart contract implements a game mechanic.

8. The method for control of the program defined transaction system of claim 1 wherein the smart contract implements a core loop.

9. The method for control of the program defined transaction system of claim 1 wherein the smart contract implements mandated parameters.

10. The method for control of the program defined transaction system of claim 1 wherein the smart contract implements a player's club.

11. The method for control of the program defined transaction system of claim 1 wherein the smart contract transfers a smart property.

12. The method for control of the program defined transaction system of claim 1 further receiving at input interface sensor output data used to train the cognitive computing unit.

13. The method for control of the program defined transaction system of claim 1 further including a geolocation limit.

14. The method for control of the program defined transaction system of claim 1 wherein the control plane layer includes an artificial intelligence unit.

15. The method for control of the program defined transaction system of claim 1 wherein the control plan layer includes an analytics unit.

16. The method for control of the program defined transaction system of claim 1 further including receiving at the input interface of the data plane layer information related to Internet of Things (IoT) data.

17. The method for control of the program defined transaction system of claim 1 further storing the information in the title and value transfer element to transfer a digital asset via the decentralized distributed ledger.

18. The method for control of the program defined transaction system of claim 17 wherein the digital asset is an image.

19. The method for control of the program defined transaction system of claim 17 wherein the digital asset is audible content.

20. The method for control of the program defined transaction system of claim 17 wherein the digital asset is a digital document.

Continuity (8)
Continuation 17395622 · Aug 6, 2021
Continuation 17154396 · Jan 21, 2021
Continuation 16894159 · Jun 5, 2020
Continuation 16686524 · Nov 18, 2019
Continuation 16052409 · Aug 1, 2018
Continuation 15886432 · Feb 1, 2018
Provisional Application 62454423 · Feb 3, 2017
Related Publication 20220237458A1 · Jul 28, 2022
Cited By (6)
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