RED HAT, INC. (20240291730). CREATING DECENTRALIZED MULTI-PARTY TRACEABILITY OF SLA USING A BLOCKCHAIN simplified abstract
Contents
CREATING DECENTRALIZED MULTI-PARTY TRACEABILITY OF SLA USING A BLOCKCHAIN
Organization Name
Inventor(s)
Pau Garcia Quiles of Madrid (ES)
Sergio Fernando Ocon Cardenas of Madrid (ES)
CREATING DECENTRALIZED MULTI-PARTY TRACEABILITY OF SLA USING A BLOCKCHAIN - A simplified explanation of the abstract
This abstract first appeared for US patent application 20240291730 titled 'CREATING DECENTRALIZED MULTI-PARTY TRACEABILITY OF SLA USING A BLOCKCHAIN
Simplified Explanation: The patent application describes a system and method for creating decentralized multi-party traceability of service-level agreements (SLAs) using a blockchain. This involves receiving a service request, generating datasets indicating service status, identifying service providers, retrieving non-fungible tokens (NFTs) from a blockchain, and granting access based on the NFTs.
- Decentralized multi-party traceability of service-level agreements using blockchain technology
- Generation of datasets indicating service status for different portions of a service
- Identification of service providers based on SLAs
- Retrieval of NFTs from a blockchain system to access service status information
- Granting access to clients based on NFTs
Potential Applications: This technology can be applied in various industries where multiple parties are involved in providing services based on SLAs, such as supply chain management, healthcare, and finance.
Problems Solved: This technology addresses the challenges of tracking and verifying service delivery across multiple parties involved in fulfilling a service according to SLAs.
Benefits: The system provides transparency, accountability, and trust in service delivery by enabling decentralized traceability of SLAs using blockchain technology.
Commercial Applications: Decentralized multi-party traceability of service-level agreements can be utilized in industries where complex service agreements are common, such as logistics, insurance, and IT services.
Questions about Decentralized Multi-Party Traceability of Service-Level Agreements using Blockchain: 1. How does the system ensure the security and integrity of the service status information stored on the blockchain? 2. What are the potential scalability challenges of implementing this technology in large-scale service agreements?
Frequently Updated Research: Researchers are continuously exploring ways to enhance the efficiency and scalability of blockchain-based systems for traceability and verification of service-level agreements. Stay updated on the latest developments in this field for insights into future advancements.
Original Abstract Submitted
a system and method of creating decentralized multi-party traceability of service-level agreements (slas) using a blockchain. the method including receiving a service request to provide a service according to a first service-level agreement (sla) associated with a client. the method including generating a first dataset indicating a status associated with a first portion of the service. the method including identifying, based on the first sla, a second service provider to provide a second portion of the service according to a second sla. the method including retrieving, from a blockchain system based on the second sla, a non-fungible token (nft) associated with a second dataset indicating a status associated with the second portion of the service. the method including granting, by a processing device of a first service provider based on the nft, access to a client device associated with the client to the first dataset and the second dataset.
