In the latest cryptocurrency news, we are sharing a new IBM patent awarded to the tech giant for a mobile data sharing method that uses DLT – distributed ledger technology – and is a major leap forward in the blockchain space.
Initially published by the United States Patent and Trademark Office (USPTO) on April 23, the new IBM patent focuses on a product, which as described in the filing, represents a continuation of the US patent application filled in November 2017 which is entitled “Information Sharing Among Mobile Apparatus.” IBM has proposed a method executed by mobile apparatus in order to verify information that has been shared between two devices.
As details show, the platform can collect specific information and deliver it to nearby computing notes, with subsequent publishing of a verified incident event on a distributed ledger. The data obtained will be used to map information updates as part of its performance.
Within the system, the new IBM patent will adopt a technology that shares event information among multiple mobile devices with a secure reliability and without any trusted third party in charge. As the document explains:
“Connected objects can be sensed and/or controlled remotely across existing network infrastructure, integrating connected physical objects into computer-based systems. Connected physical objects are uniquely identifiable through their embedded computing system, allowing the connected physical objects to interoperate within the existing Internet infrastructure.”
The new IBM patent is only the most recent novelty in the long list of blockchain related patents. In fact, IBM is one of the companies that are leading in this field. From self-driving vehicles (SDVs) to other blockchain implementations, it excels in creating systems where SDVs interact and predict certain behaviours.
One of the recent patents and still a new IBM patent which went viral on many best cryptocurrency news sites was the one for an application that aims to improve the security of permissioned blockchain networks – where IBM outlined a couple of security techniques for withstanding replay attacks while maintaining the valid user permissions and privacy.
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Stefan has been writing articles for DCForecasts since 2016 in-house full time. As one of our main cryptocurrency writers, he focuses on covering the latest cryptocurrency news, technical charts, price analyses of coins and press releases. When he is not exploring and covering the latest topics in crypto, you can find Stefan playing basketball, tennis or cycling.
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