PATENT CLAIM ANALYSIS

Application Number: 15945097
Application Type: Utility
Filing Date: 2018-04
Publication Date: 2018-08
Patent Classification: ["705", "071000"]

Abstract:
A personal/client identification and verification process, pseudonymous system and transaction network for monitoring and restricting transactions of cryptography-based electronic money. In one embodiment, there is a legal identity-linked credential authentication protocol for providing a practical solution for issues related to cryptocurrency theft, KYC and AML, while maintaining user privacy. In other embodiments, there are mechanisms to monitor transactions for suspicious activity. A determination of AML risk and/or other risks of running afoul of financial crimes may be made, e.g., in response to a transaction, and the determination may be expressed as a risk score. In some embodiments, transactions may be held and/or reversed. In further embodiments, a client wallet within the transaction network may support multiple types of cryptocurrency and may detect transactions from or to wallets outside of the transaction network, and optionally provide an alert and/or the system may take other responsive action.

Claim (Index 27):
A system of personal identification and verification for monitoring and restricting transactions involving cryptography-based electronic money (CBEM), the system comprising:\n a central server configured to, in order to process client identity registrations within a financial regulation compliant network, assign client currency addresses, and control CBEM transactions:\n register clients within the system including identity information; \n communicate with a client wallet to generate one or more client's permissioned currency addresses; \n approve a request for generation of one or more client's permissioned currency addresses; \n communicate with the client wallet to create one or more permissioned transactions; \n approve one or more transactions to send a unit of CBEM to a currency address; and \n store transaction information in a transactions database; \n the system further comprising:\n one or more permissioned currency addresses;\n a permissioned transaction network; \n a client information database communicatively coupled to the central server; \n a transactions database communicatively coupled to the central server; and \n at least one client device provided with a client wallet, wherein the client wallet is a first type of client wallet created within the compliant network and is configured to communicate with the central server regarding sending and receiving CBEM and to hold multiple types of CBEMs, and \n wherein one of those types of CBEMs is a financial regulation compliant CBEM for use within the permissioned transaction network; \n \n wherein the central server is configured to:\n generate and transmit an alert signal to an electronic device in response to at least one of (i) the first type of client wallet sending a CBEM to a second type of client wallet, the second type of client wallet being outside of the financial regulation compliant network; and (ii) the first type of client wallet receiving a CBEM other than the financial regulation compliant CBEM.

Metadata:
- Claim Count in Document: 80.0
- Percentile: 91.0
- Lexical Diversity: 1.76087
- Patent Class: 705.0
- Transitional Phrase Type: open
- Component Type: 1
- Foreign Priority: True
- Related Applications: ['14802018', '15209714', '14938593', '15853417', '14963165']

Analysis Scores:
- 35 USC 101 Eligibility (BERT): 0.1186277442181035
- 35 USC 102 Novelty (BERT): 0.5010583848368939
- Combined Prediction Score: 0.1568708082799825
- Mean Citation Score: 254.334688
- Max Citation Score: 264.468
- Similarity Product: 189.7247598237992

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