PATENT CLAIM ANALYSIS

Application Number: 16209626
Application Type: Utility
Filing Date: 2018-12
Publication Date: 2019-05
Patent Classification: ["705", "050000"]

Abstract:
The present invention relates to a securities trading system that utilizes a distributed blockchain ledger to conduct security transactions. Users are provided with cryptographic wallets that enable the users to access a peer-to-peer network of computing nodes on which the distributed blockchain ledger is managed. The securities made available through the network may be stored directly on the blockchain ledger itself. Smart contracts may be utilized to transfer the securities among the users and to verify that all transactions are in compliance with applicable regulatory rules and other restrictions.

Claim (Index 20):
The computer program product of  claim 11 , wherein:\n the base security documents can be accessed directly from the decentralized blockchain ledger; the decentralized blockchain ledger represents an immutable, append-only ledger; the cryptographic hashing algorithm utilizes a one-way hashing algorithm to append the one or more blocks to the decentralized blockchain ledger; the system does not utilize a centralized server to facilitate the security transactions; the consensus-based protocol requires a specific state or set of values to be agreed upon by the portion of the plurality of computing devices in order to execute the security transactions and to append the one or more blocks to the decentralized blockchain ledger; and blocks associated with each of the security transactions are linked together to provide an audit trail that can be utilized to track and validate the security transactions.

Metadata:
- Claim Count in Document: 50.0
- Percentile: 98.0
- Lexical Diversity: 1.55
- Patent Class: 705.0
- Transitional Phrase Type: none
- Component Type: 0
- Foreign Priority: False
- Related Applications: ['15960040', '14528289', '15078768', '15828052', '16160161']

Analysis Scores:
- 35 USC 101 Eligibility (BERT): 0.1159063441878354
- 35 USC 102 Novelty (BERT): 0.5061912127476641
- Combined Prediction Score: 0.1549348310438182
- Mean Citation Score: 247.60294
- Max Citation Score: 282.4005
- Similarity Product: 210.50091514921192

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

Dataset: test