PATENT CLAIM ANALYSIS

Application Number: 16027816
Application Type: Utility
Filing Date: 2018-07
Publication Date: 2020-01
Patent Classification: ["705", "065000"]

Abstract:
A method of performing cryptocurrency transactions requiring a private key includes: establishing a connection from a smart wallet to a user device; receiving a transaction request requiring the private key; disabling the connection; retrieving the private key to a private key memory; processing the transaction; clearing the private key memory; enabling the connection; and sending a completion message. A method of performing cryptocurrency transactions requiring a private key includes: establishing a connection from a user device to a smart wallet; receiving a transaction request requiring the private key; sending the transaction request to the smart wallet; determining that the smart wallet is disconnected from the user device; waiting for the smart wallet to reconnect; and receiving a response from the smart wallet. A smart wallet includes: a storage; a private key storage; and a communication module that is able to communicate with a user device across at least one channel.

Claim (Index 18):
The smart cryptocurrency wallet device of  claim 17 , wherein an encrypted version of the private key is stored in the local storage.

Metadata:
- Claim Count in Document: 32.0
- Percentile: 95.0
- Lexical Diversity: 3.09091
- Patent Class: 705.0
- Transitional Phrase Type: none
- Component Type: 0
- Foreign Priority: False
- Related Applications: ['15720878', '15812886', '14720459', '14295968', '12018059']

Analysis Scores:
- 35 USC 101 Eligibility (BERT): 0.140400648703269
- 35 USC 102 Novelty (BERT): 0.4907775075972556
- Combined Prediction Score: 0.1754383345926677
- Mean Citation Score: 234.779394
- Max Citation Score: 248.43477
- Similarity Product: 203.62027330052013

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

Dataset: test