Patents Assigned to 0Chain, LLC
  • Patent number: 11379832
    Abstract: The systems and methods of a blockchain platform for transactions, comprising: submitting one or more tokens for locking for a period of time; receiving free interest tokens for the locked tokens using a multiplier; sending the interest tokens to perform a transaction to one or more service providers; releasing the locked tokens; wherein submitting, receiving, sending and releasing of tokens is automatically regulated using smart contract protocol on the blockchain platform. The systems and methods of a blockchain platform wherein the smart contract protocol is comprising of: establishing a negotiated token rate for the transaction for negotiated terms of service; invoking signed markers for the transaction; transferring tokens from reward pool to a challenge pool; releasing tokens from challenge pool after authorization, verification and finalization of the transaction.
    Type: Grant
    Filed: December 7, 2018
    Date of Patent: July 5, 2022
    Assignee: 0Chain, LLC
    Inventors: Thomas H. Austin, Saswata Basu
  • Patent number: 11171791
    Abstract: The systems and methods of aggregate signing of digital signatures on multiple messages simultaneously, comprising: receiving two or more digital messages wherein each message is signed using two or more digitally split keys from a private key and the two or more digital signatures of the message using the split key are combined to get a compressed short signature; receiving the compressed short signature for each message; receiving a public key associated with the private key for each message; aggregate signing the messages to output an aggregate signature. The aggregate signature can be further verified against any or all of the messages.
    Type: Grant
    Filed: January 15, 2019
    Date of Patent: November 9, 2021
    Assignee: 0Chain, LLC
    Inventors: Saswata Basu, Siva Dirisala
  • Patent number: 11165862
    Abstract: The systems and methods of a blockchain platform for distributed applications includes flexibility to implement a variety of client systems with a token usage and distributed computing based on separation of roles for a miner and a blobber. The message flow model between different parties including a client, a blobber and a miner allows for fast transactions on a lightweight blockchain by lightening the load on a mining network, i.e. a network of one or more miners. Offloading the work to a different group of machines allows for greater specialization in the design and specifications of the machines, allowing for the blockchain platform miners to be optimized for fast transaction handling and blockchain platform blobbers to be efficient at handling data for given transaction types.
    Type: Grant
    Filed: May 31, 2018
    Date of Patent: November 2, 2021
    Assignee: 0Chain, LLC
    Inventors: Thomas H Austin, Saswata Basu
  • Patent number: 10986177
    Abstract: A multi-dimensional blockchain protocol designed to self-fork into multiple chains, scale infinitely, achieve zero cost transactions, sub-second finality and open new markets for sharders, blobbers, developers, and content publishers, while managing a low inflation rate.
    Type: Grant
    Filed: July 3, 2018
    Date of Patent: April 20, 2021
    Assignee: 0Chain, LLC
    Inventor: Saswata Basu
  • Patent number: 10949722
    Abstract: A sustainability protocol using IoT sensor data on a blockchain, and presenting this data through a QR-code on the labels of sustainable goods, to enable verification by anyone, and provide incentives for the farmer, CPG (consumer product group), retailer, and the consumer to be aligned, and collectively accelerate the goals of sustainability efficiently.
    Type: Grant
    Filed: July 3, 2018
    Date of Patent: March 16, 2021
    Assignee: 0Chain, LLC
    Inventor: Saswata Basu
  • Patent number: 10942158
    Abstract: A sensing platform with at least one sensing device to sense underground and above ground environment parameters. A system of sensing environment parameters for a plant using a probe comprising: a first sensor board adapted to sense one or more environment parameters at one or more submerged depth located at flexible points of a location; a second sensor board adapted to done or more environment parameters at one or more surface points located at flexible points of the location; a circuit board adapted to communicate the sensed environment parameters to a central controller; adapted to operate in a low power mode. A system of sensing environment parameters for a field of plants using two or more probes using a fail-over central controller in a double star configuration and/or self learning algorithm.
    Type: Grant
    Filed: March 16, 2018
    Date of Patent: March 9, 2021
    Assignee: 0Chain, LLC
    Inventor: Saswata Basu
  • Publication number: 20200313856
    Abstract: The systems and methods on a blockchain platform for one or more intermediaries for services including proxy re-encryption, independent audit, multiple-signatures based smart wallet associated with a smart contract and split-key authentication to achieve secure passwordless login. Proxy re-encryption by receiving a ciphertext from a first user with condition parameters that has been encrypted with a dynamically selected encryption algorithm. Audit service receiving an encrypted file from a user for storage on the blockchain platform; enforcing the security policy parameters for all access requests to the file on the blockchain platform; and optionally providing audit report of the encrypted file storage and access. A smart wallet with a group key using multiple signatures based on receipt of a threshold number of signatures. Split-key authentication by splitting the private key into two or more parts; and assigning the split private key part to two or more client devices.
    Type: Application
    Filed: March 29, 2019
    Publication date: October 1, 2020
    Applicant: 0Chain, LLC
    Inventors: Saswata Basu, Siva Dirisala
  • Publication number: 20200286049
    Abstract: The present invention is systems and methods of self-administering protocols on a blockchain platform. A system and method of self-administered protocols on a blockchain platform, comprising: self-administering one or more of the following actions: consensus, governance, self-forking, view change or finality of transactions on the blockchain platform; operating without a hierarchical structure to make decisions; validating the decision to avoid rogue decisions or attacks; setting of a time period to lapse to finalize the decision; allowing the set time period to lapse; finalizing the decision by saving the state on the blockchain platform. Self-administering also includes the capability of the blockchain platform to prune the state of the smart contracts and the global state of the blockchain platform.
    Type: Application
    Filed: March 6, 2019
    Publication date: September 10, 2020
    Applicant: 0Chain LLC
    Inventors: Saswata Basu, Siva Dirisala
  • Publication number: 20200076574
    Abstract: The systems and methods of a blockchain platform for de-centralized rule-based roles and control. A system and/or method on a blockchain platform, comprising: de-centralizing a transaction on the blockchain by communicating separately with a miner for operation and a blobber for application; inviting one or more rule-based actions to trigger the transaction from the miner or the blobber in response to a client request; receiving an action from the miner or the blobber; determining whether the action is one of the rule-based actions; rewarding the rule-based action from the miner or the blobber; discarding any action that is not rule-based; committing the transaction after confirming authentication of all the entities and verifying data integrity for the transaction.
    Type: Application
    Filed: August 30, 2018
    Publication date: March 5, 2020
    Applicant: 0Chain, LLC
    Inventors: Thomas H Austin, Saswata Basu
  • Publication number: 20190124146
    Abstract: The systems and methods of a blockchain platform for distributed applications includes flexibility to implement a variety of client systems with a token usage and distributed computing based on separation of roles for a miner and a blobber. The message flow model between different parties including a client, a blobber and a miner allows for fast transactions on a lightweight blockchain by lightening the load on a mining network, i.e. a network of one or more miners. Offloading the work to a different group of machines allows for greater specialization in the design and specifications of the machines, allowing for the blockchain platform miners to be optimized for fast transaction handling and blockchain platform blobbers to be efficient at handling data for given transaction types.
    Type: Application
    Filed: May 31, 2018
    Publication date: April 25, 2019
    Applicant: 0Chain, LLC
    Inventors: Thomas H. Austin, Saswata Basu
  • Publication number: 20190123892
    Abstract: A multi-dimensional blockchain protocol designed to self-fork into multiple chains, scale infinitely, achieve zero cost transactions, sub-second finality and open new markets for sharders, blobbers, developers, and content publishers, while managing a low inflation rate.
    Type: Application
    Filed: July 3, 2018
    Publication date: April 25, 2019
    Applicant: 0Chain, LLC
    Inventor: Saswata Basu
  • Publication number: 20190122086
    Abstract: A sustainability protocol using IoT sensor data on a blockchain, and presenting this data through a QR-code on the labels of sustainable goods, to enable verification by anyone, and provide incentives for the farmer, CPG (consumer product group), retailer, and the consumer to be aligned, and collectively accelerate the goals of sustainability efficiently.
    Type: Application
    Filed: July 3, 2018
    Publication date: April 25, 2019
    Applicant: 0Chain, LLC
    Inventor: Saswata Basu