Influential Theta Labs, Inc. Blockchain Patent – Methods and systems for blockchain incentivized data streaming and delivery over a decentralized network – US10951675

U.S. Patent 10951675 was awarded to Theta Labs, Inc. on March 16, 2021 and is entitled “Methods and systems for blockchain incentivized data streaming and delivery over a decentralized network.” The first named inventor is Mitchell C. Liu of Los Altos, CA. The abstract contains an overview of the patent disclosure:

Methods and systems for incentivizing the delivery of data contents among peer nodes in a decentralized data delivery network are disclosed. The network comprises peer-to-peer (P2P) connections implemented on top of a content delivery network (CDN) having CDN servers that provide data resources to network nodes. Such a hybrid network comprises viewer peer nodes, edge cacher peer nodes, tracker servers, and a payment service module. A micropayment pool is created on a blockchain by the payment service module. A cacher peer node downloads a data resource from a CDN server, and shares portions of the data resource with viewer peer nodes in the hybrid network. In return, the cacher peer node receives from the payment service module, off-chain transactions that encode cumulative payment amounts from the micropayment pool to the cacher peer node. A last off-line transaction is submitted to the blockchain to claim a total payment amount. Link to Full Patent

This blockchain patent was originally filed on October 29, 2020  as U.S. Patent Application 17/083303 at the United Stated Patent and Trademark Office. The application was them awarded a patent grant and published as U.S. Patent 10951675. The primary examiner was Lashonda T Jacobs.

Theta Labs, Inc., who is the original assignee of this patent, has at least 21 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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