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Use of blockchain based distributed consensus control

  • US 10,643,288 B2
  • Filed: 10/13/2016
  • Issued: 05/05/2020
  • Est. Priority Date: 10/13/2015
  • Status: Active Grant
First Claim
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1. A system comprising:

  • a network comprising a plurality of nodes, each node comprising at least one physical component and at least one control component, wherein each node in the plurality of nodes is configured for token value generation, wherein each node in the plurality of nodes is configured to transact tokens autonomously with every other node in the plurality of nodes;

    wherein a node of the plurality of nodes generates a smart contract, the smart contract configured to;

    receive settlement information from at least two nodes in the network;

    validate a current state of a public ledger;

    generate fulfillment information based on the received settlement information and at least in part on a physical distance between nodes; and

    contribute to an updated state of the public ledger using the fulfillment information.

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