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US Patent 12008537 Systems and methods for distributed peer to peer analytics

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Patent abstractTimelineTable: Further ResourcesReferences
Is a
Patent
Patent
1

Patent attributes

Patent Jurisdiction
United States Patent and Trademark Office
United States Patent and Trademark Office
1
Patent Number
120085371
Patent Inventor Names
Navjot S. Sidhu1
Ryan Senci1
Vishal Anand1
Date of Patent
June 11, 2024
1
Patent Application Number
174864531
Date Filed
September 27, 2021
1
Patent Citations
‌
US Patent 9635000 Blockchain identity management system based on public identities ledger
1
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US Patent 10824746 Systems and methods for controlled access to blockchain data
1
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US Patent 9298806 System and method for analyzing transactions in a distributed ledger
1
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US Patent 9672499 Data analytic and security mechanism for implementing a hot wallet service
1
Patent Primary Examiner
‌
Neha Patel
1
Patent abstract

A method of operating a distributed peer to peer analytics system of a permissioned distributed ledger is provided. The system includes a plurality of node computing devices in operable communication with each other over an electronic network. The method includes capturing, by a merchant computing device, sales data from a payment transaction, storing the captured sales data in a database of a first node, compiling within the first node the stored sales data into a transaction envelope, encrypting the transaction envelope with a private key of the first node, submitting, by the first node, the encrypted envelope to the permissioned distributed ledger, verifying, by a second node, the submitted encrypted envelope and adding the compiled sales data to a data block, committing, by the second node, the data block to the distributed ledger, and validating, by a consensus of the plurality of node computing devices, the committed data block.

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