View source for Google LLC (20240305482). Extracting Data from a Blockchain simplified abstract

=Extracting Data from a Blockchain=


==Organization Name==

[[:Category:Google LLC|Google LLC]]


[[Category:Google LLC]]

==Inventor(s)==

[[:Category:Daniel Patt of Saratoga CA (US)|Daniel Patt of Saratoga CA (US)]][[Category:Daniel Patt of Saratoga CA (US)]]

[[:Category:Ibrahim Badr of New York NY (US)|Ibrahim Badr of New York NY (US)]][[Category:Ibrahim Badr of New York NY (US)]]

==Extracting Data from a Blockchain - A simplified explanation of the abstract==


This abstract first appeared for US patent application 20240305482 titled 'Extracting Data from a Blockchain

The abstract of this patent application describes systems and methods for extracting data from blockchain transactions. This process involves obtaining blockchain data, processing it to determine token data, segmenting the token data, and storing it for future use. The extracted data can include descriptive data, content data, and transaction data related to non-fungible tokens.

* Obtaining blockchain data
* Processing blockchain data to determine token data
* Segmenting token data from blockchain data
* Storing segmented token data
* Extracting descriptive data, content data, and transaction data from non-fungible tokens

Potential Applications:
- Digital asset management
- Blockchain analytics
- Tokenized asset tracking

Problems Solved:
- Efficient extraction of data from blockchain transactions
- Organization and storage of token data
- Enhanced search capabilities for blockchain data

Benefits:
- Improved data retrieval and analysis
- Streamlined token data management
- Enhanced search functionality for blockchain transactions

Commercial Applications:
Title: Blockchain Data Extraction and Management Solutions
This technology can be utilized by blockchain companies, financial institutions, and digital asset platforms to enhance data extraction and management processes. It can improve the efficiency of analyzing blockchain transactions and provide valuable insights for various industries.

Questions about Blockchain Data Extraction and Management Solutions:
1. How does this technology impact the security of blockchain transactions?
2. What are the potential challenges in implementing these data extraction methods in real-world applications?

Frequently Updated Research:
Stay updated on the latest advancements in blockchain data extraction and management solutions to ensure optimal utilization of this technology.


==Original Abstract Submitted==

systems and methods for extracting data from blockchain transactions can include obtaining blockchain data, processing the blockchain data to determine token data, segmenting the token data from the blockchain data, and storing the segmented token data. the systems and methods can be utilized to extract descriptive data (e.g., non-fungible token titles, non-fungible token descriptions, and/or non-fungible token labels), content data (e.g., a preview of a digital resource associated with the non-fungible token), and/or transaction data (e.g., data descriptive of the transaction history of the non-fungible token). the extracted data can be indexed and can then be provided in a search results page based on a search query.



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