PATENT CLAIM ANALYSIS

Application Number: 15972875
Application Type: Utility
Filing Date: 2018-05
Publication Date: 2018-12
Patent Classification: ["705", "037000"]

Abstract:
Embodiments are described for a virtual currency exchange system having a network connecting a plurality of users. Each user may create a profile and engage with one another to send, receive, and trade for goods and services using a plurality of currencies.

Claim (Index 7):
A system for virtual currency exchange comprising:\n a. a platform for a transaction between at least two users; b. a processor configured to perform the following steps;\n i. generating a virtual storage component; \n ii. creating a plurality of requests for currency, wherein each request creates a predetermined number of a credit; \n iii. storing the credits in the virtual storage component; \n iv. receiving a plurality of requests from a first user to transfer credits to a second user; and \n v. transferring credits based on the request from the first user, \n wherein the processor generates an amount of virtual currency in response to an amount of real currency submitted by the user.

Metadata:
- Claim Count in Document: 23.0
- Percentile: 93.0
- Lexical Diversity: 1.31429
- Patent Class: 705.0
- Transitional Phrase Type: open
- Component Type: 1
- Foreign Priority: False
- Related Applications: ['12839993', '13584717', '13966216', '13276968', '15485228']

Analysis Scores:
- 35 USC 101 Eligibility (BERT): 0.1093180946514646
- 35 USC 102 Novelty (BERT): 0.4651628375796151
- Combined Prediction Score: 0.1449025689442797
- Mean Citation Score: 186.587592
- Max Citation Score: 196.31331
- Similarity Product: 164.87304469982743

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