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 39):
The system of  claim 34 , wherein the stake in the fiat currency corresponds to a staking period, the proof of balance engine further configured to:\n designate the staking period representing a defined window of time; and calculate a size of the stake in the fiat currency during the staking period based on a plurality of stake values corresponding to segments within the defined window of time, wherein weights assigned to the segments are either equal or varied, and wherein the calculation is performed using at least one selected from a group consisting of smallest stake size, greatest stake size, mean stake size, median stake size, and most frequent stake size.

Metadata:
- Claim Count in Document: 26.0
- Percentile: 99.0
- Lexical Diversity: 1.63492
- Patent Class: 705.0
- Transitional Phrase Type: closed
- Component Type: 1
- Foreign Priority: False
- Related Applications: ['15960040', '14611136', '16020534', '15040466', '16147483']

Analysis Scores:
- 35 USC 101 Eligibility (BERT): 0.1223664328996829
- 35 USC 102 Novelty (BERT): 0.5076783966915678
- Combined Prediction Score: 0.1608976292788714
- Mean Citation Score: 217.578966
- Max Citation Score: 247.36089
- Similarity Product: 147.3849563862723

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