PATENT CLAIM ANALYSIS

Application Number: 16256838
Application Type: Utility
Filing Date: 2019-01
Publication Date: 2019-08
Patent Classification: ["705", "069000"]

Abstract:
Novel tools and techniques are provided for implementing digital currency, and, more particularly, to methods, systems, and apparatuses for implementing digital currency tied to physical precious metals. In various embodiments, a computing system might receive a request from a user for a digital currency transaction; might validate a blockchain containing a hash of a first block, the first block comprising a first identifier associated with a first piece of a precious metal; might add a block to the blockchain, the added block comprising a second identifier associated with the user and a timestamp of the transaction; might encrypt the added block with a cryptographic hash; and might update the blockchain across a plurality of digital currency data stores. In some cases, the computing system might generate a first block of a blockchain by adding received identifier associated with the first piece of the precious metal.

Claim (Index 20):
The apparatus of  claim 19 , wherein comparing the blockchain with each of the plurality of instances of the blockchain comprises comparing hash values of one or more blocks of the blockchain with hash values of corresponding one or more blocks of each of the plurality of instances of the blockchain.

Metadata:
- Claim Count in Document: 50.0
- Percentile: 99.0
- Lexical Diversity: 2.43939
- Patent Class: 705.0
- Transitional Phrase Type: none
- Component Type: 0
- Foreign Priority: False
- Related Applications: ['15417072', '15498374', '16232976', '14711740', '15211111']

Analysis Scores:
- 35 USC 101 Eligibility (BERT): 0.1116627416016079
- 35 USC 102 Novelty (BERT): 0.465980747982102
- Combined Prediction Score: 0.1470945422396574
- Mean Citation Score: 150.61738
- Max Citation Score: 161.15126
- Similarity Product: 124.26823902719023

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

Dataset: test