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Patent drawing for Blockchain implementing reliability database
US 12,147,435 B2
Computing US 12,147,435 B2 Not in force

Blockchain implementing reliability database

This invention describes a system that uses blockchain technology to keep track of how reliable external data sources are. When a change is proposed to an off-chain data source's reliability score, the system checks if enough network participants agree on the new score. If they do, the updated reliability score is recorded, and a reference to this change is permanently stored on the blockchain. The claims specifically focus on a computing system within a blockchain network that stores this reliability data as part of its ledger.

Why it matters: Between 2022 and 2026, advancements in decentralized oracle networks and data integrity solutions have likely made it more practical to reliably feed and verify off-chain data into blockchain systems, which is crucial for this invention's core function of assessing external data reliability.

Status
Not in forceListed as no longer active. The specific reason is not in the record we hold.
How hard to build
SpecializedDistributed ledger software, consensus algorithms, off-chain integration.

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