Sign In to Follow Application
View All Documents & Correspondence

A System And Method For Assessing A Risk Score For A Non Fungible Token Transacted On A Blockchain

Abstract: A system for assessment of a risk score for a non-fungible token transacted on a blockchain wherein the system is configured to generate a provenance score based on the derived ownership history of the specific non-fungible token, generate a smart contract score based on the retrieved smart contract code for the specific non-fungible token, generate a permanence score based on the retrieved smart contract code for the specific non-fungible token, and generate a comprehensive risk score for the specific non-fungible token based on the generated provenance score, smart contract score, and permanence score for the specific non-fungible token.

Get Free WhatsApp Updates!
Notices, Deadlines & Correspondence

Patent Information

Application #
Filing Date
06 August 2024
Publication Number
33/2024
Publication Type
INA
Invention Field
COMMUNICATION
Status
Email
Parent Application

Applicants

MASTERCARD INTERNATIONAL INCORPORATED
2000 Purchase Street Purchase, NY 10577

Inventors

1. ANASTASIA, Jonathan
61 Fernwood Road Larchmont, NY 10538
2. ATRE, Himanshu
13002 Montmartre Drive Creve Coeur, MO 63141

Specification

We claim:
1. A system for assessment of a risk score for a non-fungible token
transacted on a blockchain comprising:
a blockchain capable of implementing smart contracts for the creation, storing
and transaction of non-fungible tokens;
a processor-based server in electronic communications with the blockchain;
a database in electronic communications with a processor-based server
capable of storing and retrieving data;
the processor-based server configured to: 10
receive a request for assessment of a specific non-fungible token on the
blockchain;
scan the blockchain to identify blocks within the blockchain containing
a smart contract for the specific non-fungible token;
retrieve metadata embedded within the identified blocks containing a
smart contract for the specific non-fungible token;
derive an ownership history of the specific no-fungible token from the
retrieved metadata;
scan the blockchain to identify a block within the blockchain
containing the last transaction for the specific non-fungible token;
retrieve smart contract code from the identified block containing the
last transaction for the specific non-fungible token;
generate a provenance score based on the derived ownership history of
the specific non-fungible token;
generate a smart contract score based on the retrieved smart contract
code for the specific non-fungible token;
generate a permanence score based on the retrieved smart contract
code for the specific non-fungible token; and
generate a comprehensive risk score for the specific non-fungible
token based on the generated provenance score, smart contract score, and permanence 30
score for the specific non-fungible token.
2. The system for assessment of claim 1 wherein the processor-based
server is further configured to:
input the derived ownership history of the specific non-fungible token
into a provenance score model implemented by the processor-based server; and
generate the providence score using the provenance score model.
3. The system for assessment of claim 1 wherein the processor-based
server is further configured to:
input the retrieved smart contract code for the specific non-fungible
token into a smart contract score model implemented by the processor-based server;
and
generate the smart contract score using the smart contract score model.
4. The system for assessment of claim 1 wherein the processor-based
server is further configured to: 15
input the retrieved smart contract code for the specific non-fungible
token into a permanence score model implemented by the processor-based server; and
generate the permanence score using the permanence score model.
5. The system for assessment of claim 1 wherein the processor-based
server is further configured to:
input the generated providence score, the smart contract score, and the
permanence score into a comprehensive risk score model implemented by the
processor-based server; and
generate the comprehensive risk score using the comprehensive risk score model.
6. The system for assessment of claim 1 wherein the provenance score is
reflective of the ownership history of the specific non-fungible token.
7. The system for assessment of claim 1 wherein the permanence score is
reflective of how the retrieved smart contract code references the underlying asset of
the specific non-fungible token.
8. The system for assessment of claim 1 wherein the smart contract score
is reflective of code-related risk associated with the specific non-fungible token.

Documents

Application Documents

# Name Date
1 202447059488-STATEMENT OF UNDERTAKING (FORM 3) [06-08-2024(online)].pdf 2024-08-06
2 202447059488-REQUEST FOR EXAMINATION (FORM-18) [06-08-2024(online)].pdf 2024-08-06
3 202447059488-PROOF OF RIGHT [06-08-2024(online)].pdf 2024-08-06
4 202447059488-POWER OF AUTHORITY [06-08-2024(online)].pdf 2024-08-06
5 202447059488-NOTIFICATION OF INT. APPLN. NO. & FILING DATE (PCT-RO-105-PCT Pamphlet) [06-08-2024(online)].pdf 2024-08-06
6 202447059488-FORM 18 [06-08-2024(online)].pdf 2024-08-06
7 202447059488-FORM 1 [06-08-2024(online)].pdf 2024-08-06
8 202447059488-FIGURE OF ABSTRACT [06-08-2024(online)].pdf 2024-08-06
9 202447059488-DRAWINGS [06-08-2024(online)].pdf 2024-08-06
10 202447059488-DECLARATION OF INVENTORSHIP (FORM 5) [06-08-2024(online)].pdf 2024-08-06
11 202447059488-COMPLETE SPECIFICATION [06-08-2024(online)].pdf 2024-08-06
12 202447059488-MARKED COPY [06-09-2024(online)].pdf 2024-09-06
13 202447059488-CORRECTED PAGES [06-09-2024(online)].pdf 2024-09-06
14 202447059488-POA [04-10-2024(online)].pdf 2024-10-04
15 202447059488-FORM 13 [04-10-2024(online)].pdf 2024-10-04
16 202447059488-AMENDED DOCUMENTS [04-10-2024(online)].pdf 2024-10-04
17 202447059488-FORM 3 [06-01-2025(online)].pdf 2025-01-06