Blockchain-based referral tracking system (BRTS)
US11443393B2 · kind B2 · utility
Assignee
Inventors
Key dates
| Filing date | Dec 14, 2020 |
| Grant date | Sep 13, 2022 |
| Priority date | — |
| Expiry date | Dec 14, 2040 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06N3/045
- WIPO fieldComputer technology
- WIPO sectorElectrical engineering
Abstract
Methods and systems are provided for blockchain-based social media commerce referral tracking system (BRTS). In one novel aspect, the blockchain is used to support traceability and transparency for the referral tracking system that monitors transactions of one or more user generated contents (UGCs) with one or more actionable items. Traceability and transparency foster trust among participants. In one embodiment, the BRTS tracks transactions of a UGC, updates a UGC record upon detecting one or more predefined transactions at a receiving node, detects one or more exit transactions at an ending node, and adds a UGC tuple of transactions from the originator node to the ending node based on the UGC record to a blockchain database upon detecting the one or more exit conditions. In another embodiment, the UGC record is updated using a recursive push procedure. In one embodiment, the BRTS generates one or more referral rewards for each UGC tuple record based on a configured rewarding scheme.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.