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Tracking assets with a blockchain

  • US 10,275,739 B2
  • Filed: 01/05/2017
  • Issued: 04/30/2019
  • Est. Priority Date: 01/05/2017
  • Status: Active Grant
First Claim
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1. A method, comprising:

  • reading, via a reader in communication with a blockchain, and from a tag affixed to an asset, a tag identifier associated with the asset, and a nonce value associated with a current location of the asset, wherein the tag identifier and the nonce value are stored in the tag and in locations in the blockchain;

    generating, via the reader, a new nonce value associated with a transfer of the asset to a new location, the new nonce value to be stored in a location in the blockchain;

    transmitting, via the reader, a request, including the tag identifier, the nonce value, and a new nonce value, to update an asset status, of the asset, stored in the blockchain;

    receiving, via the reader, and from the blockchain, a validation confirmation based on the request; and

    dynamically updating, via the reader, the tag with an updated asset status from the blockchain and the new nonce value from the blockchain in response to the validation confirmation.

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