U.S. Patent 10706472 was awarded to Flipside Crypto, Inc. on July 07, 2020 and is entitled “Systems and methods for analysis of digital asset development and transaction behaviors.” The first named inventor is James F. Myers of Boston, MA. The abstract contains an overview of the patent disclosure:
The fundamental health of a crypto-asset is determined based on factors associated with the development and utility of the crypto-asset. Developer activity data associated with the crypto-asset is received from one or more interfaces associated with one or more development servers associated with the crypto-asset, and a developer activity factor is calculated based on the developer activity data. A connection is established to a blockchain server that maintains a blockchain that tracks transactions associated with the crypto-asset, and transaction data for a plurality of the transactions is received from the blockchain server. A project utility factor is calculated based on a plurality of behavioral use cases derived from the transaction data, where the behavioral use cases are respectively associated with different uses of the crypto-asset. Then, a fundamental health score is determined for the crypto-asset based on the developer activity factor and the project utility factor. Link to Full Patent
This blockchain patent was originally filed on July 30, 2019 as U.S. Patent Application 16/526424 at the United Stated Patent and Trademark Office. The application was them awarded a patent grant and published as U.S. Patent 10706472. The primary examiner was Lalita M Hamilton.
Flipside Crypto, Inc., who is the original assignee of this patent, has at least 1 total granted patents in the United States as of the date of this article. This blockchain patent has been cited 0 times by other U.S. patents according to our law firm research, and can be considered an innovative patent in the field of cryptocurrency and blockchain.
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