首页|Patent Application Titled "Tokenized Commodity Tendering On A Distributed Platfo rm" Published Online (USPTO 20240163101)
Patent Application Titled "Tokenized Commodity Tendering On A Distributed Platfo rm" Published Online (USPTO 20240163101)
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By a News Reporter-Staff News Editor at Robotics & Machine Learning Daily News Daily News-According to news reporting originatin g from Washington, D.C., by NewsRx journalists, a patent application by the inve ntor Guzik, Stanley (Ridgewood, NJ, US), filed on November 11, 2022, was made av ailable online on May 16, 2024. No assignee for this patent application has been made. Reporters obtained the following quote from the background information supplied by the inventors: " "The present disclosure relates generally to smart contracts for use with a dist ributed ledger, and more specifically tendering a commodity between parties usin g smart contract on a blockchain platform. "A distributed ledger, as used throughout this document, refers to a computer-on ly technology that enables a distributed recordation of transactions maintained by a network of computers. A blockchain is a type of distributed ledger, which i ncludes digitally-recorded, unmodifiable data in packages called blocks. A distr ibuted ledger is a consensus of replicated, shared, and synchronized digital dat a geographically spread across multiple computers which may be in different site s, countries, and/or institutions maintained by many different parties. A distri buted ledger can be public, such as Bitcoin, where there is no limitation on who may participate in the network, or private, where only approved parties are per mitted to participate in the network.
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