BlockJoy, Inc. (20240275620). BLOCKCHAIN RESOURCE MANAGEMENT SYSTEM AND METHOD OF USE simplified abstract
BLOCKCHAIN RESOURCE MANAGEMENT SYSTEM AND METHOD OF USE
Organization Name
Inventor(s)
Christopher Bruce of Boston MA (US)
BLOCKCHAIN RESOURCE MANAGEMENT SYSTEM AND METHOD OF USE - A simplified explanation of the abstract
This abstract first appeared for US patent application 20240275620 titled 'BLOCKCHAIN RESOURCE MANAGEMENT SYSTEM AND METHOD OF USE
The abstract of this patent application describes systems and methods for managing a set of blockchain resources, including determining the machine state and node state of each managed blockchain resource, and managing the resource based on these states without restarting the machine when it is offline but the node is online.
- The innovation involves managing blockchain resources based on machine and node states without restarting the machine when offline.
- Different communication channels are used to determine the machine state and node state.
- The system allows for efficient management of blockchain resources without unnecessary restarts.
Potential Applications: This technology can be applied in blockchain networks to optimize resource management and ensure continuous operation without unnecessary restarts.
Problems Solved: This technology addresses the challenge of managing blockchain resources efficiently without restarting the machine when it is offline but the node is online.
Benefits: The benefits of this technology include improved resource management, increased efficiency, and continuous operation of blockchain networks without disruptions.
Commercial Applications: Title: "Efficient Blockchain Resource Management System" This technology can be utilized by blockchain companies, cryptocurrency exchanges, and other organizations utilizing blockchain technology to enhance resource management and ensure uninterrupted operation.
Questions about the technology: 1. How does this technology improve the efficiency of managing blockchain resources? - This technology improves efficiency by allowing for resource management based on machine and node states without unnecessary restarts. 2. What are the potential implications of this technology for blockchain networks? - The technology can lead to improved performance, reliability, and continuous operation of blockchain networks.
Original Abstract Submitted
in variants, systems and methods for managing a set of blockchain resources can include, for each of a set of managed blockchain resources, each including a blockchain node hosted on a machine: determining a machine state of the machine; determining a node state of the node; and managing the blockchain resource based on the machine state and the node state, wherein the machine is not restarted when the machine is offline but the node is online. in examples, the machine state and node state can be determined using different communication channels.
