Invention Grant
- Patent Title: Blockchain-implemented method for control and distribution of digital content
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Application No.: US16079091Application Date: 2017-02-21
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Publication No.: US11410145B2Publication Date: 2022-08-09
- Inventor: Craig Steven Wright , Stephane Savanah
- Applicant: nChain Holdings Limited
- Applicant Address: AG St. John's
- Assignee: nChain Holdings Limited
- Current Assignee: nChain Holdings Limited
- Current Assignee Address: AG St. John's
- Agency: Davis Wright Tremaine LLP
- Priority: GB1603117 20160223,GB1607484 20160429,GB1619301 20161115
- International Application: PCT/IB2017/050978 WO 20170221
- International Announcement: WO2017/145047 WO 20170831
- Main IPC: G06Q20/12
- IPC: G06Q20/12 ; G06Q20/06 ; G06Q20/38 ; H04L9/06 ; H04L9/14 ; H04L9/30

Abstract:
The disclosure relates to a blockchain-implemented system and method of controlling the transmission and/or distribution of digital content. A first user is associated with a deposit quantity of cryptocurrency at a common address. A first node associated with the first user sends a request to the second node to provide an episode of digital content from a series of digital content; determines a payment transaction to transfer a payment quantity of cryptocurrency to the second user, wherein the payment quantity is based on a quantity of episodes of digital content in the series; and signs and sends the payment transaction to a second node. The second node associated with the second user: receives the request and the payment transaction; verifies the payment transaction; and based on the result of verifying: provides access to the episode of digital content to be available to the first node; and co-signs and sends the payment transaction to a distributed ledger.
Public/Granted literature
- US20200005254A1 BLOCKCHAIN-IMPLEMENTED METHOD FOR CONTROL AND DISTRIBUTION OF DIGITAL CONTENT Public/Granted day:2020-01-02
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