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 48):
The system of  claim 46 , further comprising:\n a currency exchange hub configured to: transmit an identity of the designated party to the mobile device associated with the user while withholding the identity of the user from a mobile device of the designated party; request a prompt to be shown to the user to visually confirm the identity of the designated party before approaching to initiate the tender; and disclose, after the user chooses to proceed with tendering the banknotes to the designated party for inspection, the identity of the user to the designated party, wherein the disclosure is accomplished by at least one selected from a group consisting of (i) revealing, to the designated party by the user, a credential transmitted to the mobile device of the user and (ii) revealing, after receiving an authorization message from the mobile device of the user, the identity of the user on the mobile device of the designated party.

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): 0.0970362702554136
- 35 USC 102 Novelty (BERT): 0.5045728196246212
- Combined Prediction Score: 0.1377899251923344
- Mean Citation Score: 217.578966
- Max Citation Score: 247.36089
- Similarity Product: 156.73757525716246

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

Dataset: test