PATENT CLAIM ANALYSIS

Application Number: 16008606
Application Type: Utility
Filing Date: 2018-06
Publication Date: 2019-12
Patent Classification: ["705", "079000"]

Abstract:
A first merchant node on a semi-private blockchain virtual currency exchange system is exclusively capable of creating first virtual currency units. Unaffiliated merchant node(s) are exclusively capable of creating other merchant-specific virtual currency units in the system, while customer computing devices are incapable of creating virtual currency units. The first merchant node creates and issues first virtual currency units to a first customer account associated with a first customer computing device. Upon receiving a transaction request for exchanging first virtual currency unit(s) for a second currency type between the first customer account and another customer account, the first merchant node validates the first transaction request, and creates and sends a first transaction receipt to unaffiliated merchant node(s). Upon receiving a redemption request from a customer account, the first merchant node validates the first redemption request, and creates and sends a first redemption receipt to unaffiliated merchant node(s).

Claim (Index 9):
The first merchant node of  claim 1 , wherein the instructions are further configured to cause the first merchant node to:\n receive a second transaction request from one or more of the second merchant nodes for exchanging one or more of the first virtual currency units for second currency type between the first customer account and the second customer account associated with the second customer computing device of the plurality of customer computing devices within the system; validate the second transaction request; create a second transaction receipt after the second transaction request has been validated; and send the second transaction receipt to one or more of the second merchant nodes for storage to record the second transaction receipt within the system.

Metadata:
- Claim Count in Document: 13.0
- Percentile: 94.0
- Lexical Diversity: 2.81667
- Patent Class: 705.0
- Transitional Phrase Type: none
- Component Type: 0
- Foreign Priority: False
- Related Applications: ['15783761', '14218763', '12704445', '15486709', '12925688']

Analysis Scores:
- 35 USC 101 Eligibility (BERT): 0.1450854962197852
- 35 USC 102 Novelty (BERT): 0.5116174732362517
- Combined Prediction Score: 0.1817386939214318
- Mean Citation Score: 270.74509
- Max Citation Score: 293.37946
- Similarity Product: 201.3833369485855

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

Dataset: test