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:
Oct. 07, 2025
Filed:
Jan. 31, 2022
Splunk Inc., San Francisco, CA (US);
Ramkumar Chandrasekharan, San Francisco, CA (US);
Nathaniel G. Mckervey, Tallahassee, FL (US);
Kishore Reddy Ramasayam, San Francisco, CA (US);
Antoine Toulme, San Francisco, CA (US);
CISCO TECHNOLOGY, INC., SAN JOSE, US;
Abstract
A smart licensing system deploys smart contracts on distributed ledgers. The smart contract includes data regarding a software as a service ('SaaS') provider that will provide services to the holder of the smart contract, a type of the service that will be provided, a quantity of the services that will be provided, conditions to be met when transferring the smart contract to another holder, or any suitable combination thereof. The smart contract may indicate a number of tokens owned by the holder of the smart contract. The holder of the smart contract may transfer some or all of the tokens to the SaaS provider in exchange for services. Remaining tokens may be used at a later date, transferred to another entity, or both. In addition to transferring tokens to the SaaS provider, the requesting entity may be validated before the services are performed.