BLOCKCHAIN DRIVEN UNIFIED MULTI-PARTY SYSTEM AND METHOD FOR MONITORED TRANSACTIONS OF URBAN ASSETS

• US 20190325522A1
• Filed: 04/18/2018
• Published: 10/24/2019
• Est. Priority Date: 04/18/2018
• Status: Abandoned Application

• Current Assignee: Conduent Business Services, LLC (Conduent, Inc.)
• Original Assignee: Conduent Business Services, LLC (Conduent, Inc.)
• Inventors: Bathia, Krupa Vrajlal, Hegde, Aditya, Narayanan, Krishnaprasad, Marathe, Ashwini Sanjay, Mukherjee, Tridib
• Application Number:
  US15/955,781
• Publication Number:
  US 20190325522A1
• Time in Patent Office: Days
• CPC Class Codes: G06Q 40/06 Asset management; Financial planning or analysis
• CPC Class Codes: G06V 20/54 of traffic, e.g. cars on the road, trains or boats
• CPC Class Codes: G06V 20/625 License plates
• CPC Class Codes: G06V 20/63 Scene text, e.g. street names
• CPC Class Codes: H04L 2209/805 Lightweight hardware, e.g. radio-frequency identification [RFID] or sensor
• CPC Class Codes: H04L 67/12 specially adapted for proprietary or special-purpose networking environments, e.g. medical networks, sensor networks, networks in vehicles or remote metering networks
• CPC Class Codes: H04L 9/0637 Modes of operation, e.g. cipher block chaining [CBC], electronic codebook [ECB] or Galois/counter mode [GCM]
• CPC Class Codes: H04L 9/3239 involving non-keyed hash functions, e.g. modification detection codes [MDCs], MD5, SHA or RIPEMD
• CPC Class Codes: H04L 9/50 using hash chains, e.g. blockchains or hash trees
• CPC Class Codes: H04W 12/06 Authentication
• CPC Class Codes: H04W 12/71 Hardware identity
• CPC Class Codes: H04W 4/40 for vehicles, e.g. vehicle-to-pedestrians [V2P]
• CPC Class Codes: H04W 4/70 Services for machine-to-machine communication [M2M] or machine type communication [MTC]

Abstract

A blockchain-based system and method for managing urban assets such as parking spaces with a ledger data structure. In an example embodiment, a blockchain-based platform can be configured, which unifies a plurality of stakeholders with respect to one or more digital/physical assets. The blockchain-based platform is configured to provide the stakeholders with weighted control and ownership of data regarding the asset (or assets). The blockchain-based platform is also configured to enable tracking of the true state of the asset by maintaining a single version of truth, thereby avoiding disputes with respect to the asset while facilitating on-demand sharing of the asset.

Claims

1. A blockchain-based system for managing urban assets with a ledger data structure, said system comprising:

a blockchain-based platform that unifies a plurality of stakeholders with respect to at least one asset, wherein said blockchain-based platform is configured to provide said stakeholders with weighted control and ownership of data regarding said at least one asset; and

wherein said blockchain-based platform is configured to enable tracking of a true state of said at least one asset by maintaining a single version of truth, thereby avoiding disputes with respect to said at least one asset and facilitating an on-demand sharing of said at least one asset.

2. The system of claim 1 wherein said blockchain-based platform comprises an electronic ledger that tracks a plurality of events associated with said at least one asset.

3. The system of claim 1 wherein said at least one asset comprises a shareable asset.

4. The system of claim 1 wherein said at least one asset comprises a digital asset and/or a physical asset.

5. The system of claim 1 further comprising at least one IoT device for monitoring said at least one asset.

6. The system of claim 5 wherein said at least one IoT device comprises an ALPR (Automated License Plate Recognition) sensor and/or a digital camera with image recognition features.

7. The system of claim 1 wherein said at least one IoT devices monitors an identity of said at least one asset.

8. The system of claim 1 wherein said at least one asset comprising a parking space in a parking lot.

9. A blockchain-based system for managing urban assets with a ledger data structure, said system comprising:

at least one processor; and

a non-transitory computer-usable medium embodying computer program code, said computer-usable medium capable of communicating with said at least one processor, said computer program code comprising instructions executable by said at least one processor and configured for;

unifying a plurality of stakeholders with respect to at least one asset using a blockchain-based platform, wherein said blockchain-based platform is configured to provide said stakeholders with weighted control and ownership of data regarding said at least one asset; and

configuring said blockchain-based platform to enable tracking of a true state of said at least one asset by maintaining a single version of truth, thereby avoiding disputes with respect to said at least one asset and facilitating an on-demand sharing of said at least one asset.

10. The system of claim 9 wherein said blockchain-based platform comprises an electronic ledger that tracks a plurality of events associated with said at least one asset.

11. The system of claim 9 wherein said at least one asset comprises a shareable asset.

12. The system of claim 9 wherein said at least one asset comprises a digital asset and/or a physical asset.

13. The system of claim 9 further comprising at least one IoT device for monitoring said at least one asset.

14. The system of claim 13 wherein said at least one IoT device comprises an ALPR (Automated License Plate Recognition) sensor and/or a digital camera with image recognition features.

15. A blockchain-based method for managing urban assets with a ledger data structure, said method comprising:

unifying a plurality of stakeholders with respect to at least one asset using a blockchain-based platform, wherein said blockchain-based platform is configured to provide said stakeholders with weighted control and ownership of data regarding said at least one asset; and

configuring said blockchain-based platform to enable tracking of a true state of said at least one asset by maintaining a single version of truth, thereby avoiding disputes with respect to said at least one asset and facilitating an on-demand sharing of said at least one asset.

16. The method of claim 15 wherein said blockchain-based platform comprises an electronic ledger that tracks a plurality of events associated with said at least one asset.

17. The method of claim 15 wherein said at least one asset comprises a shareable asset.

18. The method of claim 15 wherein said at least one asset comprises a digital asset and/or a physical asset.

19. The method of claim 15 further comprising utilizing at least one IoT device for monitoring said at least one asset, wherein said at least one IoT device comprises an ALPR (Automated License Plate Recognition) sensor and/or a digital camera with image recognition features and wherein said at least one IoT devices monitors an identity of said at least one asset.

20. The method of claim 15 wherein said at least one asset comprising a parking space in a parking lot.