AT & T is looking for a patent for a Blockchain-enabled Blockchain News Today mapping system

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AT & T, the US telecommunications giant, is currently looking for a patent for the Blockchain-based social media mapping system. U.S. Patent and Trademark Office he published this information on December 13th.

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The company's patent application describes a system, which is powered by Blockchain and may include a transaction history controller. This stores data from subscribers and can be used for different purposes.

Furthermore, the file outlines several cases such as the creation and sharing of ideas, information, professional interests and more through networks and virtual communities.

How the system works

System users can keep track of microculture transactions as a current trend in a particular place of friends' behavior. This can have great value for offering e-commerce, targeted advertising and marketing scene. The document states:

"The social media history mapping platforms described here can take advantage of the immutable and permanent nature of blockchain records to store and provide access to data representing online transactions that occur across multiple social media applications.".

According to the deposit, content creators can retain ownership of all their data on the platform:

"However, instead of transferring ownership of blocks or data between users, an owner of a social account maintains the root property of his online transaction data. What passes from the owner of the social media account to other users of the social media history map service, such as the followers of the social media account owner, is a notion of high visibility rights".

Last month, the USPTO awarded Xerox the manufacturer of Xerox digital copy machines, a patent for the electronically-based Blockchain-based auditing system. This technology can detect if a file has been altered and tracks the history of changes to the document. The system becomes resistant to tampering due to the verification mechanism.

Previous patent-based filing on Blockchain

American Express, a financial services giant, has also filed a patent for the Blockchain-based system. It aims to capture and transmit the image of a receipt, and was published at the beginning of last month.

This patent was listed as American Express Travel Related Services Co., Inc., which is the company's travel branch. Includes a new method for recording, receiving and transmitting a receipt image.

The file shows how the system allows a user with a smartphone to capture the image of a receipt. So the system uses optical character recognition to decrypt the image and compare it with related records.

It also mentions the use of data blocks, specifying that,

"Any database discussed here may include the relational, hierarchical, graphical, blockchain or object-oriented structure and / or any other database configuration".

The filing reports the advantages of using the Blockchain technology for data archiving. It is read.

"The blockchain structure can include a distributed database that maintains a growing list of data records. The blockchain can provide greater security because each block can contain individual transactions and the results of any blockchain executable".

In July, the American Express Travel Related Services Co. filed another Blockchain-based system patent that would have automated all proofs of payment by encrypting payment payload data with a public key on the initial node of a blockchain.

In addition, during the spring, Amex announced the integration of Blockchain to allow merchants to design customized offers for cardholders to increase customer engagement.

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