PATENT CLAIM ANALYSIS

Application Number: 15976763
Application Type: Utility
Filing Date: 2018-05
Publication Date: 2019-05
Patent Classification: ["705", "050000"]

Abstract:
A system and method for issuing, managing, and transferring asset-backed asset tokens is provided. The system comprises a mint component and a commerce component. The commerce component provides an interface through which customers can purchase asset tokens. The commerce component interfaces with the mint component to control the issuance of the asset tokens in the name of the purchasing customers.

Claim (Index 1):
A method performed by a computing device for issuing an asset-backed asset token, the method comprising:\n receiving a purchase order for an asset token; confirming inventory of an asset associated with the asset token; approving the purchase order; receiving a payment for the asset token; issuing the asset token; recording ownership of the asset; and recording the asset token in a shared ledger.

Metadata:
- Claim Count in Document: 1.0
- Percentile: 93.0
- Lexical Diversity: 1.69231
- Patent Class: 705.0
- Transitional Phrase Type: open
- Component Type: 1
- Foreign Priority: False
- Related Applications: ['15436187', '15364213', '15296953', '15960040', '15045148']

Analysis Scores:
- 35 USC 101 Eligibility (BERT): 0.1000348119729665
- 35 USC 102 Novelty (BERT): 0.5098266679449927
- Combined Prediction Score: 0.1410139975701692
- Mean Citation Score: 239.420454
- Max Citation Score: 282.014
- Similarity Product: 193.62292031872272

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

Dataset: test