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8Nov/18Off

IBM Applies For Blockchain-Based Augmented Reality Patent

IBM-Starter-PlanA blockchain-based augmented reality Patent

IBM is among the first companies to file a patent relating to both AR and blockchain. The patent was filed in the U.S. Patent and Trademark Office (USPTO) on November 1st and aims to clearly define the boundaries between sensitive physical locations and people operating devices with augmented reality objects. As per the patent, a distributed ledger is used to keep track of the information so that nobody can alter the records. The patent itself is more concerned with deterring players from intruding on sensitive locations using sensors – the data itself is going to be kept on the blockchain so it cannot be altered.

“It is important for the system to verify/validate any location related transaction. Accordingly, the method includes tracking or verifying recommended locations, labels, or tags using a location/label/tag blockchain-based system. The blockchain system securely tracks, stores, and maintains location related transactions along with other location metadata”

Only Chinese company Alibaba (90) has filed more blockchain patents than IBM (89), and these two companies lead the pack by a significant margin (Security First Corp has 64 Microsoft has 40).

See the full story here: https://cryptodisrupt.com/ibm-applies-for-blockchain-based-augmented-reality-patent/

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