Patents by Inventor Lorenz Breu

Lorenz Breu has filed for patents to protect the following inventions. This listing includes patent applications that are pending as well as patents that have already been granted by the United States Patent and Trademark Office (USPTO).

  • Patent number: 11979741
    Abstract: A system and method of verifying a user for participation in a block chain of a distributed network. The method includes receiving, by one or more validation devices of the distributed network, a request for participation in adding transaction records to the block chain, the request being received from a mobile communication device of the user and including behavioral data collected by the mobile communication device. In response to determining that the behavioral data satisfies a human characteristic threshold, determining that the behavioral data is not associated with another device of the distributed network. In response to both those conditions above, verifying the user and enabling the user to participate in the block chain distributed network by adding a block including transaction records to the block chain via the mobile communication device.
    Type: Grant
    Filed: October 29, 2021
    Date of Patent: May 7, 2024
    Assignee: PayPal, Inc.
    Inventor: Lorenz Breu
  • Publication number: 20220053330
    Abstract: A system and method of verifying a user for participation in a block chain of a distributed network. The method includes receiving, by one or more validation devices of the distributed network, a request for participation in adding transaction records to the block chain, the request being received from a mobile communication device of the user and including behavioral data collected by the mobile communication device. In response to determining that the behavioral data satisfies a human characteristic threshold, determining that the behavioral data is not associated with another device of the distributed network. In response to both those conditions above, verifying the user and enabling the user to participate in the block chain distributed network by adding a block including transaction records to the block chain via the mobile communication device.
    Type: Application
    Filed: October 29, 2021
    Publication date: February 17, 2022
    Inventor: Lorenz Breu
  • Patent number: 11197155
    Abstract: A system and method of verifying a user for participation in a block chain of a distributed network. The method includes receiving, by one or more validation devices of the distributed network, a request for participation in adding transaction records to the block chain, the request being received from a mobile communication device of the user and including behavioral data collected by the mobile communication device. In response to determining that the behavioral data satisfies a human characteristic threshold, determining that the behavioral data is not associated with another device of the distributed network. In response to both those conditions above, verifying the user and enabling the user to participate in the block chain distributed network by adding a block including transaction records to the block chain via the mobile communication device.
    Type: Grant
    Filed: December 28, 2017
    Date of Patent: December 7, 2021
    Assignee: PayPal, Inc.
    Inventor: Lorenz Breu
  • Publication number: 20210182840
    Abstract: A system includes a memory and a processor configured to execute computer instructions stored in the memory that when executed cause the system to perform operations. The computer instructions include a blockchain storage component to create a subsequent data block N+1 of a blockchain having N data blocks in response to a storage command, N being a positive integer. An activity token represents at least one previous network action of an entity operating the blockchain storage component. A blockchain processing component generates the storage command based on cryptographic processing of at least one of the N data blocks of the blockchain, the N+1 data block, and the activity token. The activity token is employed by the blockchain processing component to reduce the cryptographic processing of the N+1 data block.
    Type: Application
    Filed: December 17, 2019
    Publication date: June 17, 2021
    Inventors: Suryatej Gundavelli, Michael Todasco, Lorenz Breu
  • Publication number: 20190208418
    Abstract: A system and method of verifying a user for participation in a block chain of a distributed network. The method includes receiving, by one or more validation devices of the distributed network, a request for participation in adding transaction records to the block chain, the request being received from a mobile communication device of the user and including behavioral data collected by the mobile communication device. In response to determining that the behavioral data satisfies a human characteristic threshold, determining that the behavioral data is not associated with another device of the distributed network. In response to both those conditions above, verifying the user and enabling the user to participate in the block chain distributed network by adding a block including transaction records to the block chain via the mobile communication device.
    Type: Application
    Filed: December 28, 2017
    Publication date: July 4, 2019
    Inventor: Lorenz Breu