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 47):
The system of  claim 46 , further comprising:\n a currency exchange hub configured to: receive a message identifying the serial numbers of the banknotes in advance of tendering them to the designated party for inspection; record the user's ownership of the specific serialized banknotes being tendered to the designated party for inspection; and after the designated party decides to retain the banknotes, record the change in the ownership of the banknotes.

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): 0.0977338876837342
- 35 USC 102 Novelty (BERT): 0.4956762463730828
- Combined Prediction Score: 0.1375281235526691
- Mean Citation Score: 217.578966
- Max Citation Score: 247.36089
- Similarity Product: 179.4808608224434

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