The patent badge is an abbreviated version of the USPTO patent document. The patent badge does contain a link to the full patent document.
The patent badge is an abbreviated version of the USPTO patent document. The patent badge covers the following: Patent number, Date patent was issued, Date patent was filed, Title of the patent, Applicant, Inventor, Assignee, Attorney firm, Primary examiner, Assistant examiner, CPCs, and Abstract. The patent badge does contain a link to the full patent document (in Adobe Acrobat format, aka pdf). To download or print any patent click here.
Patent No.:
Date of Patent:
Nov. 30, 2021
Filed:
Jan. 29, 2019
Microsoft Technology Licensing, Llc, Redmond, WA (US);
Marc Edward Mercuri, Bothell, WA (US);
Paayal Vora, Seattle, WA (US);
Raj Shekhar Shukla, Seattle, WA (US);
Microsoft Technology Licensing, LLC, Redmond, WA (US);
Abstract
A computing device includes a communications interface that communicatively couples the computing device with a plurality of other computing devices that collectively maintain a blockchain. A storage machine holds a plurality of blocks comprising the blockchain, where a particular block of the plurality defines a smart contract. The smart contract includes: (i) a first access criterion granted to an entity for a digital asset, and (ii) one or more functions that, when an associated condition is satisfied, change the first access criterion to a second access criterion, the condition being satisfied when one or more variables have specific values. A logic machine is configured to receive a current value of a variable and determine that the current value satisfies the associated condition. A request is transmitted to the plurality of computing devices to update the first access criterion to the second access criterion.