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Key Information
Associated IP rights

PPatent

Additional Details
  • Industry segment:
    Information, Communication and Technology
  • Funding Received:
    No
  • Development stage TRL:
    TRL 3 - Experimental proof of concept
Blockchain
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Extracting tokens using user data

PPatent

Available for: Sell

Available for: License

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Overview

This invention presents an innovative system and method for extracting tokens using user-generated data. It employs advanced algorithms to efficiently validate and process data contributions, converting them into token rewards. This approach not only incentivizes user participation by rewarding them for their data but also enhances the data ecosystem's value by ensuring the integrity and usefulness of the exchanged information.

Benefits

By allowing users to mine tokens through their data contributions, the system provides a compelling incentive for user engagement, turning everyday data into tangible rewards. This innovative approach not only streamlines asset management but also enhances data security and integrity, making it an attractive acquisition for enhancing existing digital asset solutions or diversifying into new market segments.

Unique selling proposition (USP)

This system revolutionizes the management of digital assets by enabling users to mine tokens through their own data contributions. Users can securely contribute their data, which is then processed and converted into tokens, providing tangible rewards and incentivizing participation. This innovative method enhances both the value and utility of user data, offering a compelling advantage in a competitive market.

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