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Patent drawing for Blockchain implementing reliability database
US 11,940,971 B2
Computing US 11,940,971 B2 Not in force

Blockchain implementing reliability database

This invention describes a system that uses a blockchain to keep track of how reliable or trustworthy external data sources are. When a user needs to know if an outside data source can be trusted, the system gathers information from various places, combines it to create a reliability score, and then provides that score. The claims narrow this to a specific computer system that regularly updates these reliability scores and stores them on a blockchain ledger, requiring agreement from other network participants before changes are finalized.

Why it matters: The demand for verifiable off-chain data in decentralized applications has intensified since 2021, and the tooling for building robust oracle networks and reputation systems has matured, potentially simplifying the integration and maintenance of such a blockchain-based reliability database.

Status
Not in forceListed as no longer active. The specific reason is not in the record we hold.
How hard to build
SpecializedSoftware logic, blockchain integration, data aggregation

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