View source for 18101136. DYNAMIC RESOURCE ALLOCATION FOR NETWORK SLICES simplified abstract (Verizon Patent and Licensing Inc.)

=DYNAMIC RESOURCE ALLOCATION FOR NETWORK SLICES=


==Organization Name==

[[:Category:Verizon Patent and Licensing Inc.|Verizon Patent and Licensing Inc.]]


[[Category:Verizon Patent and Licensing Inc.]]

==Inventor(s)==

[[:Category:Mason Ng of Jersey City NJ (US)|Mason Ng of Jersey City NJ (US)]][[Category:Mason Ng of Jersey City NJ (US)]]

[[:Category:Kevin Xu of Warren NJ (US)|Kevin Xu of Warren NJ (US)]][[Category:Kevin Xu of Warren NJ (US)]]

==DYNAMIC RESOURCE ALLOCATION FOR NETWORK SLICES - A simplified explanation of the abstract==


This abstract first appeared for US patent application 18101136 titled 'DYNAMIC RESOURCE ALLOCATION FOR NETWORK SLICES

'''Simplified Explanation''': 

The patent application describes a system for dynamically allocating resource slices to user equipment devices based on bidding auctions.

* The system tracks available network slices and edge computing resources to generate a list of resource slices.
* Bidding auctions are conducted for the resource slices, with user equipment devices participating.
* User equipment devices that win the bidding auction gain access to the resource slice they bid on.

'''Key Features and Innovation''':

* Dynamic resource slice allocation based on bidding auctions.
* Real-time tracking of available network slices and edge computing resources.
* User equipment devices participate in bidding auctions to access resource slices.

'''Potential Applications''':

This technology can be applied in various industries such as telecommunications, edge computing, and cloud services.

'''Problems Solved''':

This technology addresses the challenge of efficiently allocating resources to user equipment devices in a dynamic environment.

'''Benefits''':

* Improved resource allocation efficiency.
* Fair and transparent access to resource slices.
* Real-time tracking and allocation of network and computing resources.

'''Commercial Applications''''':

Dynamic Resource Slice Allocation System for Telecommunications and Edge Computing Markets

'''Prior Art''':

Prior research in the fields of resource allocation, edge computing, and telecommunications may provide insights into similar technologies.

'''Frequently Updated Research''':

Stay updated on advancements in resource allocation algorithms, edge computing technologies, and telecommunications standards.

'''Questions about Dynamic Resource Slice Allocation''':

1. How does the bidding engine determine the winner of a resource slice in the auction?
2. What are the potential implications of this technology on the efficiency of edge computing networks?


==Original Abstract Submitted==

One or more computing devices, systems, and/or methods for dynamic resource slice allocation are provided. A bidding engine dynamically tracks available network slices and available edge computing resources to generate a current list of resource slices corresponding to combinations of available network slices and available edge computing resources. A bidding auction is conducted for the current list of resource slices. A user equipment device is determined to be a winner of the bidding auction for a resource slice based upon a bidding request from the user equipment device. In this way, the user equipment device is provide with access to the resource slice based upon a determination that the user equipment device won the bidding auction.



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