PATENT CLAIM ANALYSIS

Application Number: 16510926
Application Type: Utility
Filing Date: 2019-07
Publication Date: 2020-01
Patent Classification: ["705", "035000"]

Abstract:
An apparatus, including a database which stores information regarding accounts, and information regarding whether or not each account can be utilized to effectuate payment for a total cost of a transaction; a computer; a distributed ledger and Blockchain technology system; and a receiver. The receiver receives one or more transaction authorization requests regarding the transaction. The computer determines whether an account identified in an authorization request can be utilized to effectuate payment of the total cost. If the account is not allowed to effectuate payment for the total cost, the computer disallows the transaction if the account is presented to effectuate payment for the total cost. If the computer determines that the account is not presented to effectuate payment for the total cost, then the distributed ledger and Blockchain technology system processes each authorization request and determines if the transaction is authorized or unauthorized.

Claim (Index 1):
An apparatus, comprising:\n a database, wherein the database stores information regarding one or more accounts, one or more cryptocurrencies, or one or more cryptocurrency accounts, associated with an account holder, wherein the database stores information regarding whether or not each of the one or more accounts, each of the one or more cryptocurrencies, or each of the one or more cryptocurrency accounts, can be utilized to effectuate payment for a total cost of a transaction; a central processing computer; a distributed ledger and Blockchain technology system; and a receiver; wherein the receiver receives one or more transaction authorization requests regarding the transaction, and further wherein the central processing computer determines whether an account, a cryptocurrency, or a cryptocurrency account, identified in a single authorization request of the one or more authorization requests can be utilized to effectuate payment of the total cost of the transaction, wherein, if the account, the cryptocurrency, or the cryptocurrency account, identified in the single authorization request, is not allowed to be utilized to effectuate payment for the total cost of the transaction, then the central processing computer disallows the transaction if the account, the cryptocurrency, or the cryptocurrency account, is presented to effectuate payment for the total cost of the transaction, and further wherein, if the central processing computer determines that the account, the cryptocurrency, or the cryptocurrency account, is not presented to effectuate payment for the total cost of the transaction, the distributed ledger and Blockchain technology system processes each of the one or more authorization requests and determines if the transaction is authorized or unauthorized.

Metadata:
- Claim Count in Document: 3.0
- Percentile: 100.0
- Lexical Diversity: 2.6
- Patent Class: 705.0
- Transitional Phrase Type: open
- Component Type: 1
- Foreign Priority: False
- Related Applications: ['15812886', '10045080', '15720878', '16132160', '12653867']

Analysis Scores:
- 35 USC 101 Eligibility (BERT): 0.1190032291532193
- 35 USC 102 Novelty (BERT): 0.4908971361339075
- Combined Prediction Score: 0.1561926198512881
- Mean Citation Score: 248.081528
- Max Citation Score: 265.01904
- Similarity Product: 220.7769105649281

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