GB2559592A

GB2559592A - Blockchain (ML) Technology

Info

Publication number: GB2559592A
Application number: GB1702233.6A
Authority: GB
Inventors: Mollah Stephen
Original assignee: Individual
Current assignee: Individual
Priority date: 2017-02-09
Filing date: 2017-02-09
Publication date: 2018-08-15
Also published as: GB201702233D0

Abstract

Blockchain is a distributed financial data structure ledger engine. It allows peer-to-peer electronic currency transactions and data mining as sets of codes that represent e-currency. The system creates a hash value for a prior transaction, and combines the hash value, transaction data and the public key of a transaction. It mines data and formats it with a hash-based proof-of-work mechanism with an algorithm that makes combinations of digits to form a digital code that represents e-currency. It broadcasts the data or transaction codes to peers with a time-stamp, assists a subset of peers to collect electronic codes to form a transaction block, and helps each participant in the subset to create a solution to a proof-of-work problem for its transaction block. It manages all participants in the subset, broadcasting their transaction blocks and the solution to all participants. It obtains a valid consensus that a transaction block is valid, and accepts and adds that transaction block to the existing chain of blocks. It manages the digital wallet and helps peers to make transactions over the Internet or telecommunication channels. It keeps the data in its ledger permanently for verification.

Description

(56) Documents Cited:

None (71) Applicant(s):

Stephen Mollah

Flat 1, 3 Udall Street, LONDON, SW1P 2PR, United Kingdom (58) Field of Search:

Other: No search performed: Section 17(5)(b) (72) Inventor(s):

Stephen Mollah (74) Agent and/or Address for Service:

Stephen Mollah

Flat 1, 3 Udall Street, LONDON, SW1P 2PR, United Kingdom (54) Title of the Invention: Blockchain (ML) Technology Abstract Title: Financial transaction system (57) Blockchain is a distributed financial data structure ledger engine. It allows peer-to-peer electronic currency transactions and data mining as sets of codes that represent e-currency. The system creates a hash value for a prior transaction, and combines the hash value, transaction data and the public key of a transaction. It mines data and formats it with a hash-based proof-of-work mechanism with an algorithm that makes combinations of digits to form a digital code that represents e-currency. It broadcasts the data or transaction codes to peers with a timestamp, assists a subset of peers to collect electronic codes to form a transaction block, and helps each participant in the subset to create a solution to a proof-of-work problem for its transaction block. It manages all participants in the subset, broadcasting their transaction blocks and the solution to all participants. It obtains a valid consensus that a transaction block is valid, and accepts and adds that transaction block to the existing chain of blocks. It manages the digital wallet and helps peers to make transactions over the Internet or telecommunication channels. It keeps the data in its ledger permanently for verification.

Fig: 1

Blockchain Network

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Fig: 1

Blockchain Network

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Blockchain Logo

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Blockchain Art

Application No. GB1702233.6

RTM

Date :7 August 2017

Intellectual

Property

Office

The following terms are registered trade marks and should be read as such wherever they occur in this document:

Blockchain

Bitcoin

Xerox

Intellectual Property Office is an operating name of the Patent Office www.gov.uk/ipo

Description:

'Blockchain' the word refer to Blockchain technology. 'Blockchain (Multi-Level) Technology’ is described as a computer based software mechanism, a digital data structure electronic engine that is a programme-able electronic system of techniques, which work as the method to mine quantum digital data electronically and manage it according to its own sets of principles in the distributed shared digital ledger. Blockchain provides electronic digital data management services on a non-trust based mechanism, which is secured, assured and worthy for its authenticity. ‘Blockchain Master Ledger Technology is the improved version of distributed digital ledger that works through an automated electronic android. It has ability and capacity to provide predictable outcome with highest possible transparency and full efficiency. 'Blockchain Technology' invention is an evolutionary financial technology for the advancement of financial service system development. Blockchain Master Ledger is the improved version of Blockchain distributed ledger, which consists, improved novel functionalities. Blockchain based digital multi signature provides perfect security and transparency for any kinds of financial transaction globally. The Blockchain network creates time-stamped transaction that is a novel and authentic mechanism; it is an on going hash-based proof-of-work, that forms a record that cannot be changed without redoing the proof-of-work from the beginning. It protects the authenticity of the transaction because it is practically impossible for any one to redo the hash-based proof of work in the Blockchain.

The longest chain in the Blockchain not only serves as proof of the sequence of events witnessed, but it provide proof that it came from the largest pool of CPU power in the ledger. Messages are broadcast on a best effort basis to every participant in the Blockchain network. Any one can leave the Blockchain and re-join the network at will, accepting the longest proof-of-work chain as proof of what happened while they were absence and the Blockchain automatically update the system immediately after any node join the Blockchain network. Blockchain technology that creates an electronic payment system, based on cryptographic proof instead of blind trust, it allows any two willing parties to transact directly between each other with full confidence and assurance. Blockchain provides a solution to the double-spending problem using a peer-to-peer distributed timestamp server to generate computational proof and it contained chronological order of transactions that is valid. Blockchain distributed ledger technology has multi-functional capacity, which enable it to transit boundary of transition from one level to next level. Blockchain distributed ledger has ability to accommodate multi dimensional service points to provide peer-to-peer data services to many sectors of corporate industries, organisation and to the government. Blockchain Master Ledger has capacity to register unlimited data in it’s the network-based data storage that cannot be destroy by any malicious attackers, which assure the best security to the Blockchain clients.

Description:

Blockchain is an advance technology device that can be used for multi purpose record keeping and transmitting data according to the needs of the clients. Blockchain is a digital data mining electronic version of engine. It can be used for secure data transmission or data registry and record keeping in the Blockchain Master Ledger. Blockchain technology has capacity to solve many problems with its decentralised model and distributed data mechanism. It has inbuilt system to tract any digital data electronically for verification of it's authenticity quickly. The definition of Blockchain technology is broad and here are the main definitive features that can provide its inventory credibility as a novel invention. The fundamental building blocks of the financial industries requirement is a secure and transparent payment network of computerized system. 'Blockchain (ML) Technology’ is a distributed financial electronic data structure ledger engine, which is the modernized improved ledger technology invention. It is a method for peer-to-peer electronic currency transactions and mining digital data electronically as sets of codes that represent electronic currency secured with cryptographic has functionality. Blockchain (multi level) Technology, the innovation is defined as an improved electronic ledger mechanism. Blockchain comprising the following 16 steps:

1. It creates a hash value for a prior transaction;

2. It combines the hash value, transaction data and the public key of a transaction;

3. It mines digital data electronically and format it with hash-based proof-of-work mechanism with Bitmark Algorithm that makes combination of digits to form an electronic digital code called BTC that represent electronic currency code name, Bitcoin;

4. It broadcast the electronic data or transaction codes to peers with a time-stamp;

5. It assists a subset of peers to collect electronic code to form a transaction block;

6. It helps to each participant in the subset to create a solution to a proof-of-work problem for its transaction block;

7. It manages all participants in the subset broadcasting their transaction block and the solution to all the participants;

8. It assures to obtain a valid consensus that a transaction block is valid;

9. It accepts and adds that transaction block to the existing chain of blocks.

10. It manages the digital Wallet and help peers to make transaction electronically over the Internet or telecommunication channels.

11. It keeps the data in its ledger permanently for verification.

12. It provides authenticity and transparent data services efficiently.

13. It is an improved ledger data structure in digital computation that is the innovation ledger technology.

14. It is a electronic software based digital computational engine.

15. It is a secure data transmitting and broadcasting electronic computational methods of leger technology.

16. It is a decentralised and distributed leger technology invention.

Blockchain (ML) Technology

Claims

Claims:

Blockchain (ML) Technology claims are as follow;

Names and terminological claims:

a. 'Blockchain' the word;

b. 'Blockchain (ML) Technology' the phrase;

c. 'Blockchain Technology' homonym and terminology.

d. 'Blockchain Software Engine' the electronic machine and its mechanical architect.

e. 'Blockchain Ledger Technology' the homonym and its terminology.

f. 'Blockchain Database' and Blockchain Data Structure, Homonym and its ledger.

g. 'Blockchain Hyperactive Ledger' homonym and phrase.

h. 'Blockchain Super Ledger’ the core of the electronic data service.

Technological claims: 1

a. Blockchain, the technology.

b. Blockchain System Software, Computational functionality.

c. Blockchain Ledger, the database.

d. Blockchain Master Ledger, the main Blockchain registry.

e. Blockchain Network, the peer-to-peer payment-networking platform.

f. Blockchain Hard Drive, the data storage.

g. Blockchain Software, multi level technical and electro - mechanical innovation.

h. Blockchain Identifier, the authentic mechanism of blocks that is chained together.

i. Blockchain Hashing Circuits, the systemised electronic components.

j. Blockchain Explorer, Blockchain Search Engine and Blockchain Browser.

k. Blockchain Data Centre, distributer ledger.

Technological claims: 2

a. Blockchain Parameter; the technical systemised electronic component.

b. Blockchain calculus; electronic functionality.

c. Blockchain Codes; Computation software.

d. Blockchain Optic; electronic component.

f. Blockchain DS Key; multi-signing hashing codes.

g. Blockchain Tech; mechanism, the technic.

h. Blockchain Dashboard; the systemised console.

i. Blockchain Control Panel; the central unit of data mining mechanical digital system.

Technological claims: 3

a. Blockchain Versions; the improved innovation levels.

b. Blockchain GNID; the identifying codes.

d. Blockchain Authenticity; the assured electronic security system.

e. Blockchain Data Banking; the quantum data infrastructure technology.

f. Blockchain Electronic Tech Logic; a computational method.

g. Blockchain Xerox; electronic software, h. Blockchain Cinomax, an electronic mechanism for accuracy.

i. Blockchain Transmitter; a circulator of electronic signal.

j. Blockchain Lock House; an electronic concealed mechanical software system.

Technological claims: 4

a. Blockchain Core; the central electro-mechanical architecture.

b. Blockchain TTech; a software system to determine computational data filling.

c. Blockchain Brain, software codes that listen to human voice over and act as an artificial intelligence.

d. Blockchain Grammatik; a software system to transmit data over the Ethereum frequency.

e. Blockchain Hub; the Blockchain System Board, f. Blockchain Mouse, an interactive artificial software system for magnification of objects.

f. Blockchain347; software systemized codes that broadcast data in the network.

g. Bitcoin Blockchain; Digital Currency leger.

h. Blockchain InfoTech; the Blockchain information technology

Technological claims: 5

a. Blockchain Space; an electronic system of communication between two people with via a mobile system.

b. Blockchain EChip; artificial intelligence software codes to detect other peer in the network.

c. Blockchain Mouse; Intelligent Remote Robot that writes and executes codes using DSK Application.

d. Blockchain AppX; Application to mine data.

e. Blockchain FinTech; a Software system for financial transaction over the Internet.

f. BloRad; artificial detecting software codes to identify or locate an IP on the Blockchain.

g. Blockbit; software that generate Next Generation Digital Currency by mining it with mobile phone CPU power.

h. Blockchain Safdar; it is an application that calculates proof of work over the Blockchain.

i. Blockchain Foxll; It is applications that computes and transmit funds automatically to the registered wallet.

j. Blocksmith-SN (Satoshi Nakamoto) an artificial intelligence, a Robot that can read and write programmed software codes and executes it accordingly on the Internet on a scheduled time machine.

Technological claims: 6

a. Blockchain Sind; an application that can follow your computational command and collect data from any computer without a server software emailing system.

b. Blockchain Elixir; a software code that can create artificial sounds to activate human brain nerves system and can stop aging and reverse growing mechanism.

c. Blocktel; a hard-core software system that can generate power without electromagnetism from the oxygen gas in the air and transmit voice spectrum via Ethereum Channel.

d. Blockchain Eagle; an application that can activate Blockchain Transmitter with the sunlight using a mirror.

e. Blockchain Moses: an application that can predictably prophesy accurately the price of Bitcoin, gold and all other currency on the Forex.

f. Blockchain SMF1.1.19, a Bitcoin Software Version that can use BlockBit and DSKOOSAT a software application.

g. Blockchain Bob; it is a software code that can make suggestion and correction in computational mistakes.

Technological claims: 7

a. Blockchain SAM347; Software systemised Robot that can execute any protected command line by replicating the codes to destroy all the virus or parasites in the computational system of CyberNetix.

b. Blockchain Cybernetix; is an anti virus application that can duplicate the defence mechanism of any attacks by multiplying its attacks continuously to create defensive wall against hackers.

c. Blockchain Karpelix; is a software codes that can increase human IQ up to 86.

d. Blockchain Finnex; a software codes that can creates artificial intelligence to revive the dead brain cells.

e. Blockchain Angelina22, software systemised coded Robot that can find any lost human who is alive.

f. Blockchain JamOOSat; It is an electronic Robot that can sense the odour of gold deposited in the gold base and locate it to notify to the Blockchain DEVTech.

g. Blockchain DevTech; is a Software Application that can decode any programmed codes that is locked cryptographically.

h. Blockchain Gavinex; Is an artificial intelligence in the Blockchain version 3.0.1 that uses the Complete Ethereum Scientocratum Software System.

i. Blockchain Jeffzik; is a Software Application that indicate algorithmic logic whether it is false to disable it before the virus attack.

j. Blockchain RegerverSus2: is a cybernetix artificial intelligence that can regenerate human memory in the brain cell.

Blockchain Nagle3; is an application that can spy and attack to hijack any electronic computational codes.

Technological claims: 8

a. Blockchain Matrix; is a robot that can understand any computational coding language and write it according to the programmed features.

b. Blockchain Matunix; is a robotic application that can predict the financial climate change according to the preloaded and programmed codes.

c. Blockchain Vitarinex; is an artificial intelligence system codes that can hear the voice spectrum from the Ethereum telepathically and follow the programmed command line.

d. Blockchain Craigix; Is an electronic digital Robot that can verify any financial transaction on the Blockchain with extra ordinary computational capacity.

e. Blockchain McMollah347; is a software code based language system that can translate human voices in to electromagnetic spectrum and arrange it to compute with digital value system of quantum computation.

f. Blockchain Scientocratos; is an application that understand complex computational problems and can solves all sort of computational puzzle with the self systemised digital codes. It can delete all viruses and vices from the Internet permanently and install New EVS Protocol to distribute the digital data the Bitgold over the Blockchain Master Ledger. It has the ability and capacity to make unlimited digital currency transaction over the Internet. It can act as an artificial intelligence to inter act with human being with a programmed logic, truth and doubts effectively.

g. Blockchain Rossix; is a computational software system that can react if a hacker trying to write malicious codes to attack and add up automated codes to defend and delete the hacking codes.

h. Blockchain Almafmax: is a systemised software codes that can sense any illegitimate large amount of financial transaction with a digital eagle eye on the electronic trans cash mechanism. It also can detect money laundering and tax avoiding as it has the inbuilt capacity to identify and report to the government’s authority with GNID.

j. Blockchain IDs: GNiD a systemized software code that identify any person or object or digit to verify authenticity

Blockchain Commercial Claim: 1

a. Blockchain; the synthesized words of block plus chain the homonym used in commercialisation of Blockchain Technology.

b. Blockchain Technology; the phrase in business and commercial purpose.

c. Blockchain Ledger; the phrase in business or commercial use.

d. Blockchain Network; the phrase in business use or other use in the Internet.

e. Blockchain Software; the phrase in business or electronic software production.

f. Blockchain Data Base; the phrase in business use.

g. Blockchain Financial Technology (FinTech); the homonym and phrase in business uses.

h. Blockchain Academy; phrase in business use.

i. Blockchain Data Bank; the phrase in business use.

j. Blockchain Codes; the software system in business use

k. Blockchain Finance; the phrase in Business use.

lockchain Business Claim: 2

a. Blockchain Stock or Blockchain Stocks; the phrase in business use

b. Blockchain Stock Market; the phrase in business use.

c. Blockchain Game; the phrase in business use.

d. Blockchain Commerce; the phrase in business use.

e. Blockchain Index; the phrase in business use.

f. Blockchain Brand; the phrase in business use.

g. Blockchain Money; the phrase in business use.

h. Blockchain Cash; the phrase in business use.

i. Blockchain Funds; the phrase in business use

Blockchain Institutional Claims:

a. Blockchain Institute; The phrase in academic use.

b. Blockchain Technology Institute; The phrase in academic use.

b. Blockchain News; the phrase in media use.

c. Blockchain Academy; the phrase in institutional use.

d. Blockchain Training; the phrase in educational use.