PATENT CLAIM ANALYSIS

Application Number: 16029238
Application Type: Utility
Filing Date: 2018-07
Publication Date: 2019-01
Patent Classification: ["705", "050000"]

Abstract:
The disclosure herein relates to systems, methods, and devices for reducing and/or eliminating data leakage in electronic ledger technologies, such as centralized ledger, distributed ledger technology (DLT) or blockchain-based platforms, for trustless order matching. In particular, in some embodiments, the systems, methods, and devices described herein utilize cryptographic commitments to assign priorities to orders without disclosing the contents of the actual order or plaintext data. In some embodiments, the plaintext data is revealed only after the priorities are assigned to the cryptographic commitments, thereby reducing and/or eliminating potential data leakage that can arise in such electronic ledger platforms or networks. Further, in some embodiments, the subsequently revealed plaintext data can be used to regenerate the cryptographic commitment to verify its correlation. As such, some systems, methods, and devices described herein can provide a trustless order matching system for electronic ledger technologies, such as DLT or blockchain-based platforms.

Claim (Index 13):
A cryptographic commitment-based system for matching trade orders, the system comprising:\n a cryptographic platform configured to access plaintext data, the plaintext data is inputted by a user into a dynamically generated user interface, wherein the plaintext data comprises trade order data for performing a trade order; the cryptographic platform further configured to generate a cryptographic commitment based on the plaintext data received from user input and based on an extended field, the cryptographic commitment corresponding to and without including the plaintext data comprising transaction information, wherein non-permitted third parties cannot determine the plaintext data from the cryptographic commitment; the cryptographic platform configured to transmit the cryptographic commitment to an electronic order matching platform, wherein the electronic order matching platform is configured to irrevocably publish the cryptographic commitment on a commitment board, wherein upon irrevocably publishing the cryptographic commitment on the commitment board, a time priority is assigned to the cryptographic commitment, wherein the electronic order matching platform is configured to store on a priority board the cryptographic commitment and the time priority in order to irrevocably publish the time priority of the cryptographic commitment; the cryptographic platform configured to access a confirmation of the assignment of the time priority to the cryptographic commitment; and the cryptographic platform configured to transmit the plaintext data to the electronic order matching platform, wherein the electronic order matching platform is configured to irrevocably publish the plaintext data and the cryptographic commitment on a trade order board, wherein correlation between the plaintext data and the cryptographic commitment can be confirmed by re-generating the cryptographic commitment based on the plaintext data and the extended field, wherein upon completion of matching the trade order with one or more other trade orders, trade data is generated based on the completion of the matching and is transmitted through an electronic ledger interface to an electronic distributed ledger technology, the transmission of the trade data triggered based at least in part on completion of matching the trade order with the one or more other trade orders using the plaintext data, the cryptographic commitment, and the time priority, wherein the electronic ledger interface is configured to access the electronic distributed ledger technology that is digitally stored in a distributed network that comprises a plurality of physically distributed computer systems configured to maintain the electronic distributed ledger technology, and wherein the electronic distributed ledger technology is configured to track at least one asset ownership transaction using the cryptographic platform for matching trade orders.

Metadata:
- Claim Count in Document: 59.0
- Percentile: 95.0
- Lexical Diversity: 2.19231
- Patent Class: 705.0
- Transitional Phrase Type: open
- Component Type: 1
- Foreign Priority: False
- Related Applications: ['15078768', '16024904', '15608839', '15582122', '15243473']

Analysis Scores:
- 35 USC 101 Eligibility (BERT): 0.1069484532288315
- 35 USC 102 Novelty (BERT): 0.4756962722968716
- Combined Prediction Score: 0.1438232351356355
- Mean Citation Score: 177.468296
- Max Citation Score: 190.7088
- Similarity Product: 143.008706599617

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

Dataset: test