Patents Assigned to DataCoining LLC
  • Patent number: 12093928
    Abstract: A system and method for operating a cryptocurrency, including generating, by first computing devices, raw data sets representative of activities performed by respective users while each of the users is using the Internet. A second computing device may determine an aggregate data value of at least a portion of an aggregate of the raw data sets. The at least a portion of the aggregate of the raw data sets being received from the users who contribute that portion of the raw data sets, the contributing users being data contributors. A basis value of a cryptocurrency as a function of the aggregate data value may be established. Total quantity of the cryptocurrency in circulation may be regulated as a function of the aggregate data value.
    Type: Grant
    Filed: March 23, 2022
    Date of Patent: September 17, 2024
    Assignee: DataCoining LLC
    Inventors: David Brener Kahn, Sorat Tungkasiri