IBM Reveals Two Further Blockchain Patents for Security And Database Management

Published at: March 8, 2019

Multinational computing giant IBM is adding to its stack of blockchain patents with two new applications, the United States Patent and Trademark Office confirmed, publishing documents on March 5.

According to one patent document, IBM now seeks to target network security using blockchain technology. A second patent focuses on database management using the tech.

“Securing a data log using monitor security protocols may be accomplished with different levels of security, ranging from low security to high security, and have various combinations of hardware and software configurations,” the description of the first blockchain patent explains:

“Low security may allow open access to the event logs while high security may significantly restrict access to the event logs. Protecting the monitored system from hackers gaining access to alter the event logs may require a new type of security configuration.”

For the second patent, IBM says so-called database management systems (DBMSs) are currently inefficient due to their bulk and could therefore benefit from the streamlining blockchain solutions tend to offer.

“DBMSs are typically configured to separate the process of storing data from accessing, manipulating, or using data stored in a database,” the patent document summarizes, continuing:

“DBMSs often require tremendous resources to handle the heavy workloads placed on such systems. As such, it may be useful to manage a DBMS using a blockchain database.”

As Cointelegraph reported, IBM has rolled out various enterprise blockchain offers over the past several years, principally under its IBM Blockchain project.

The race to secure patents involving the technology sees the company competing for supremacy with the likes of Bank of America in the United States, which had already accrued a mountain of over 50 patents as of October last year.

This week also saw IBM unveil its security testing tool aimed at identifying weak links in enterprise blockchain deployments.

Tags
Ibm
Related Posts
IBM Triples Number of Blockchain Patents in US Since Last Year
Tech giant IBM has tripled the number of blockchain patents secured in the United States since last year, currently boasting over 100 active patent families. That makes IBM’s growth in US patents the largest of last year, according to a report by crypto-related news site BeinCrypto on July 16. According to data gathered by Yuval Halevi, co-founder of crypto and blockchain PR company GuerillaBuzz, IBM’s number of active patent families dwarfs other notable corporations. This includes some primary tech companies, such as Intel, Microsoft, and Dell Technologies: “In just 1 year the number of IBM blockchain patents has grown by …
Blockchain / July 17, 2019
IBM Targets Scientific Research in Latest Blockchain Patent
U.S. multinational IT company IBM plans to use blockchain to aid scientific research and provide a record of its results, a new patent application filed with the U.S. Patent and Trademark Office revealed Nov. 8. IBM, originally filing the concept in December last year, says it foresees “integrating a blockchain and data collection and analysis for open scientific research.” The application is the latest in a steadily increasing pile of patents sought by the corporation in the blockchain sector, the most recent award coming last week targeted at augmented reality gaming. Now, an altogether more technical offshoot addresses what it …
Blockchain / Nov. 12, 2018
IBM Patents Blockchain Implementation to Manage Data For Autonomous Vehicles
Multinational computing giant IBM is adding to its arsenal of blockchain patents with a new implementation to manage data and interactions for self-driving vehicles (SDVs). The patent was published by the United States Patent and Trademark Office on April 2. IBM — which has, according to the documents, previously filed extensive patents for various inventions related to autonomous cars — outlines that a blockchain system could effectively enhance SDV configurations by allowing for robust privacy and information validation. The context for prospective blockchain implementation would be a system wherein an SDV interacts and predicts the behavior of the drivers of …
Adoption / April 8, 2019
Mastercard Patent Claims Cryptocurrency Can Benefit From Fractional Reserve Banking
U.S. multinational financial services corporation Mastercard wants to apply principles of fractional reserve banking to cryptocurrency, a new patent application published Thursday, Oct. 25 reveals. According to the document, published by the U.S. Patent & Trademark Office (USPTO), the payment processor has plans to allow merchants to interact with what it calls “blockchain currencies” via a new method of simultaneous crypto and fiat storage. Specifically, reference is made to “methods for managing fractional reserves of blockchain currency.” Mastercard has offered a mixed public stance on cryptocurrency in recent years, this month winning a further blockchain-related patent, while signalling along with …
Blockchain / Oct. 26, 2018
IBM Awarded Patent for Secure System Based on Blockchain
Tech conglomerate IBM has recently been awarded a patent for a blockchain-based secure system. The patent filing was published on U.S. Patent and Trademark Office (USPTO) website Tuesday, October 2. As IMB explains in a document first filed in September 2017, the technology enables the detection of security breaches within a network by connecting all the monitors to a chain configuration, which registers all events in the network. This, in turn, might help to prevent different sorts of hacks. According to a detailed explanation provided by IBM, a monitor can be easily intruded upon in a regular system as "none …
Blockchain / Oct. 3, 2018