You are viewing a single comment's thread from:

RE: Daily: Altcoins getting a boost / Amazon's Blockchain Patent

in #bitcoin6 years ago

The subsidiary of e-commerce goliath Amazon, Amazon Technologies, Inc., has recently been granted a patent for a streaming data marketplace in which users would be able to receive real-time cryptocurrency transactions data, as described in the patent document issued by the United States Patent and Trademark Office (USPTO).

So as to meet the needs of organizations in the management of sizable amounts of data, Amazon Technologies, according to the patent, developed a technology that would have the ability to process streaming data on a large scale with relatively low latency. Furthermore, it would allow its developers to “build real-time dashboards, capture exceptions and generate alerts, drive recommendations, and make other real-time business or operational decisions.”

The multi-streaming data service would possess the ability to process information from several different sources, including “web site click-streams, marketing and financial information, manufacturing instrumentation and social media, operational logs, metering data and so forth.”

The patent then describes a possible case-use for Bitcoin. As stated in the patent:

“For example, a group of electronic or internet retailers who accept Bitcoin transactions may have a shipping address that may correlate with the Bitcoin address. The electronic retailers may combine the shipping address with the Bitcoin transaction data to create correlated data and republish the combined data as a combined data stream.”

Coin Marketplace

STEEM 0.28
TRX 0.11
JST 0.031
BTC 68564.93
ETH 3839.30
USDT 1.00
SBD 3.67