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 13):
The method of  claim 1 , wherein the portion of the fiat currency associated with the user comprises at least one specific serialized banknote, wherein the validation procedure incorporates proof-of-cash authentication, the method further comprising:\n executing one or more authentication events on a mobile device, wherein consequences of the authentication events are captured during the scanning of the banknote; and programmatically detecting, in sensor data captured by the mobile device while scanning the banknote, presence of one or more anti-spoofing indicators and presence of one or more anti-counterfeiting indicators, wherein at least a single detected indicator relates to an authentication event of the one or more authentication events.

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): 0.0980928769956466
- 35 USC 102 Novelty (BERT): 0.4911208193452318
- Combined Prediction Score: 0.1373956712306052
- Mean Citation Score: 217.578966
- Max Citation Score: 247.36089
- Similarity Product: 191.1282284931636

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

Dataset: test