IBM’s New Patent
“Node characteristics in a block” is called a patent and is designed to introduce a method for extracting data from nodes in a blockchain to identify different types of transactions. That can prevent, e.g., money laundering, any operation on a blockchain can have a node or several nodes that can carry useful information about the nature of the transaction.
As we can find in a patent:
“A method, comprising: identifying a plurality of nodes operating on a blockchain; determining a new blockchain transaction; and determining one or more of the plurality of nodes as having one or more characteristics based on the new blockchain transaction.
(2) The method of claim 1, wherein the one or more characteristics comprise one or more of entity extraction, text mining, information analysis and discovery, compliance, semantic extraction, and ontology-based entity discovery.”
This system is implemented with modules that can be implemented as hardware devices, such as, GPUs, or hardware circuits.
Paper-based processes can slow down and raise costs in the shipping industry. Learn how #TradeLens uses #blockchain to secure digitization and transmission of supply-chain documents around the world: https://t.co/ZsEbHglLnv pic.twitter.com/OHoghBj8by
— IBM (@IBM) 14 sierpnia 2018
began working with Columbia University to research to stimulate the development of blockchain applications and educational initiatives.
Tell us what do you think, here in the comment section, or via Facebook.
Image via Shutterstock.
If you want to comment this article, visit our Blockchain24.co forum!
The blockchain24.co site shall not be held responsible for any consequences resulting from the use of data contained in the pages of the site.