Unknown Organization (20240265347). BLOCKCHAIN-BASED RANKING AND SELECTION OF CREATIVE SUBMISSIONS simplified abstract
Contents
BLOCKCHAIN-BASED RANKING AND SELECTION OF CREATIVE SUBMISSIONS
Organization Name
Inventor(s)
Leo Matchett of Los Angeles CA (US)
Michael Musante of Los Angeles CA (US)
Roman Coppola of Los Angeles CA (US)
BLOCKCHAIN-BASED RANKING AND SELECTION OF CREATIVE SUBMISSIONS - A simplified explanation of the abstract
This abstract first appeared for US patent application 20240265347 titled 'BLOCKCHAIN-BASED RANKING AND SELECTION OF CREATIVE SUBMISSIONS
The abstract describes a system that allows for receiving content proposals from a device connected to a blockchain, providing these proposals to multiple user devices, receiving user ratings and stakes associated with these ratings, and ranking the content proposals based on these ratings and stakes.
- Receiving content proposals from a device connected to a blockchain
- Providing content proposals to multiple user devices
- Receiving user ratings and stakes associated with these ratings
- Storing user ratings and stakes on the blockchain via smart contracts
- Ranking content proposals based on user ratings and stakes
Potential Applications: - Content curation platforms - Blockchain-based voting systems - Decentralized recommendation systems
Problems Solved: - Efficient content ranking based on user feedback - Transparent and secure storage of user ratings and stakes on the blockchain
Benefits: - Improved content discovery for users - Incentivizing user participation and engagement - Trustworthy and tamper-proof rating system
Commercial Applications: Title: Blockchain-based Content Ranking System Description: This technology can be utilized in social media platforms, e-commerce websites, and online marketplaces to enhance user experience and increase user engagement through personalized content recommendations and rankings.
Questions about Blockchain-based Content Ranking System:
1. How does the system ensure the security and integrity of user ratings stored on the blockchain? The system utilizes smart contracts associated with content proposals to securely store user ratings and stakes on the blockchain, ensuring transparency and immutability.
2. What are the potential challenges in implementing this technology on a large scale? Implementing this technology on a large scale may face challenges related to scalability, user adoption, and regulatory compliance.
Original Abstract Submitted
aspects described herein may allow for receiving, from a device in communication with a blockchain, a content proposal stored on the blockchain; providing, to a plurality of user devices, the content proposal; receiving, from the device, information indicating a user rating generated by a first user device of the plurality of user devices and stored on the blockchain via a smart contract associated with the content proposal, and a stake comprising one or more blockchain credits associated with the user rating; and ranking a plurality of content proposals comprising the content proposal, wherein a rank of the content proposal is based on the user rating and the stake for the user rating.
