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 4):
The method of  claim 1 , wherein altering the state of the digital ledger comprises distributing units of forked fiat currency, the method further comprising:\n issuing to the user, based on a size of the stake in the fiat currency, a proportionate quantity of units of a competing version of the fiat currency, wherein the competing version is governed by a decentralized blockchain protocol, wherein voting power of participants in the decentralized blockchain protocol is weighed in proportion to the size of their stakes in the competing version of the fiat currency.

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

Analysis Scores:
- 35 USC 101 Eligibility (BERT): 0.097426325822858
- 35 USC 102 Novelty (BERT): 0.4995913081069732
- Combined Prediction Score: 0.1376428240512695
- Mean Citation Score: 217.578966
- Max Citation Score: 247.36089
- Similarity Product: 169.47244989247085

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

Dataset: test