Patent Alert: IBM Awarded DLT Patent for Data Sharing and Validation

April 25, 2019

 

US Patent no 10,268,528 B2  was granted to IBM on April 23, 2019 that describes a method which uses distributed ledger technology (DLT) to verify information shared between multiple devices in real time. The method talks about collecting specific information from every device and sending it to the nearest computer node. The verified information is then stored in a distributed database and is used to update the entries in the blockchain. The devices connected between the proposed system would be able to share information with other mobile devices, while eliminating the need of any central authority. Connected objects can be sensed and / or controlled remotely across existing network infrastructure, integrating connected physical objects into computer - based systems.

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