PATENT CLAIM ANALYSIS

Application Number: 16147600
Application Type: Utility
Filing Date: 2018-09
Publication Date: 2019-12
Patent Classification: ["705", "050000"]

Abstract:
Disclosed is an encrypted asset transfer system, that facilitates a transfer of digital assets, the system comprising a server arrangement that receives information pertaining to the digital assets, a transferal condition; encrypts the digital assets using a first key and a second key, wherein the server arrangement stores the first key and the second key is transmitted to the second client device of the second party; obtains an access identifier for accessing the encrypted one or more digital assets stored in a distributed file system; add a smart contract to a blockchain; activates a ledger clock for the smart contract; enables the second party to retrieve the digital asset, in response to an execution of the smart contract at a completion of a ledger clock cycle.

Claim (Index 9):
A method for facilitating a transfer of one or more digital assets from a first party to a second party, wherein the method is implemented via an encrypted asset transfer system comprising a server arrangement communicably coupled via one or more communication networks with a first client device of the first party and with a second client device of the second party, the method comprising:\n receiving, from the first client device of the first party, information pertaining to the one or more digital assets, a transferal condition, identification details of the second party; encrypting the one or more digital assets using a first key and a second key, wherein the server arrangement stores the first key and the second key is transmitted to the second client device of the second party; obtaining an access identifier for accessing the encrypted one or more digital assets, wherein the encrypted one or more digital assets is stored in a distributed file system; adding a smart contract to a blockchain, wherein the smart contract comprises the transferal condition, a validation indicator and the access identifier, and wherein activation of the validation indicator in the smart contract indicates a satisfaction of the transferal condition; activating a ledger clock for the smart contract, the ledger clock configured to defer an execution of the smart contract to a next cycle of the ledger clock in response to absence of activation of the validation indicator in the smart contract; enabling the second party to retrieve the digital asset, in response to an execution of the smart contract at a completion of a ledger clock cycle, using the second key and the access identifier of the encrypted one or more digital assets, wherein the execution of the smart contract is based on activation of the validation indicator.

Metadata:
- Claim Count in Document: 29.0
- Percentile: 97.0
- Lexical Diversity: 2.14062
- Patent Class: 705.0
- Transitional Phrase Type: open
- Component Type: 1
- Foreign Priority: False
- Related Applications: ['16020534', '15976763', '15436187', '15411776', '15847155']

Analysis Scores:
- 35 USC 101 Eligibility (BERT): 0.0995491652360655
- 35 USC 102 Novelty (BERT): 0.4921621407099643
- Combined Prediction Score: 0.1388104627834553
- Mean Citation Score: 218.0149
- Max Citation Score: 241.21623
- Similarity Product: 178.68052336513102

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