Seekr, LLC (20240346522). SYSTEM, PLATFORM, AND METHOD FOR HIERARCHICALLY LINKED SMART CONTRACTS AND TOKENIZED VERIFICATION simplified abstract

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SYSTEM, PLATFORM, AND METHOD FOR HIERARCHICALLY LINKED SMART CONTRACTS AND TOKENIZED VERIFICATION

Organization Name

Seekr, LLC

Inventor(s)

Morgan Stone of Laguna Beach CA (US)

SYSTEM, PLATFORM, AND METHOD FOR HIERARCHICALLY LINKED SMART CONTRACTS AND TOKENIZED VERIFICATION - A simplified explanation of the abstract

This abstract first appeared for US patent application 20240346522 titled 'SYSTEM, PLATFORM, AND METHOD FOR HIERARCHICALLY LINKED SMART CONTRACTS AND TOKENIZED VERIFICATION

The abstract describes a platform that generates smart contracts for on-chain association between organizations, with triggering events and parameters for minting soul bound tokens associated with various business projects.

  • The platform creates a hierarchical structure of smart contracts for on-chain association between organizations.
  • Each smart contract is configured with triggering events and parameters for minting soul bound tokens (SBTs) associated with job hiring, reviews, or other business projects.
  • When triggering events occur, the platform deploys the smart contracts to the recipient blockchain address of the user associated with the events.

Potential Applications: - Streamlining business processes through on-chain associations. - Enhancing transparency and accountability in organizational interactions. - Facilitating secure and automated deployment of smart contracts for various business projects.

Problems Solved: - Simplifying the process of on-chain association between organizations. - Providing a secure and transparent way to mint soul bound tokens for different business projects.

Benefits: - Increased efficiency in business interactions. - Enhanced security and transparency in smart contract deployment. - Improved accountability and traceability in organizational relationships.

Commercial Applications: Title: "Enhancing Organizational Interactions with Smart Contracts" This technology can be applied in industries such as supply chain management, human resources, and project management to automate and secure various business processes.

Questions about the technology: 1. How does the platform ensure the security of the soul bound tokens minted for different business projects? 2. What are the potential challenges in deploying smart contracts for on-chain association between organizations?


Original Abstract Submitted

a platform may generate a plurality of smart contracts corresponding to a hierarchical structure, each of the plurality of smart contracts being configured for on-chain association between various organizations. the platform may define, for each of the plurality of smart contracts, one or more triggering events for deployment via a blockchain protocol, and one or more parameters for minting one or more soul bound tokens (“sbts”). each sbt may be associated with one of the following: a job hiring, a review, or another business project. the platform may, responsive to receiving an indication that the one or more triggering events have occurred, identify a recipient blockchain address associated with the one or more triggering events, and deploy one or more of the plurality of smart contracts onto the recipient blockchain address corresponding to a user associated with the one or more triggering events.

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