PATENT CLAIM ANALYSIS

Application Number: 16261478
Application Type: Utility
Filing Date: 2019-01
Publication Date: 2019-08
Patent Classification: ["705", "069000"]

Abstract:
A system and method for bootstrapping a cryptographic ledger based on stake in a fiat currency. Stake can be verified using proof of cash systems involving anti-spoofing, anti-counterfeiting, and remote verification and transaction functionality. Stake can further or otherwise be verified using proof of balance systems involving verification of one or more balances using a service of a financial institution or data provider. These systems, together or separately, can be utilized to implement a cryptographic currency and application platform enabling financial transaction and general computing capabilities, in accordance with various embodiments of the invention.

Claim (Index 8):
The method of  claim 6 , further comprising:\n designating an advance staking period, representing a second defined window of time preceding the defined window of time; receiving, in advance of the second defined window, authorization to verify a second stake in the fiat currency; receiving, after a beginning of the second defined window, a second set of data indicating that a second portion of the fiat currency was associated with the user at a second set of times; verifying, based on a second defined validation procedure, authenticity of at least a subset of the second set of data received; determining, based on the authenticated subset of the second set of data, a second stake in the fiat currency attributed to the user; calculating a size of the second stake in the fiat currency during the advance staking period, based on a second plurality of stake values of the user corresponding to a second set of segments within the second defined window of time; and altering a second state of a digital ledger to reward the user for early participation based on the size of the second stake in the fiat currency during the advance staking period.

Metadata:
- Claim Count in Document: 26.0
- Percentile: 99.0
- Lexical Diversity: 1.63492
- Patent Class: 705.0
- Transitional Phrase Type: open
- Component Type: 1
- Foreign Priority: False
- Related Applications: ['15960040', '14611136', '16020534', '15040466', '16147483']

Analysis Scores:
- 35 USC 101 Eligibility (BERT): 0.0971190834961319
- 35 USC 102 Novelty (BERT): 0.5035137929059051
- Combined Prediction Score: 0.1377585544371092
- Mean Citation Score: 217.578966
- Max Citation Score: 247.36089
- Similarity Product: 159.44497515413047

Labels:
- Claim Label 101: 1
- Claim Label 102: 1
- Claim Label 103: 1
- Claim Label 112: 1
- Combined Label: 1
- Label 101 Adjusted: 0

Dataset: test