International Business Machines had 54 patents in blockchain during Q1 2024. IBM filed patents in Q1 2024 for a variety of technologies including smart contracts for SLA management, AI-driven safety scoring for travel parking spots, access control lists translated into smart contracts for data access, tagging and sharing limited views of content based on user roles, and a computer-implemented method for digital asset transactions using smart contracts based on license terms. GlobalData’s report on International Business Machines gives a 360-degree view of the company including its patenting strategy. Buy the report here.
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International Business Machines grant share with blockchain as a theme is 70% in Q1 2024. Grant share is based on the ratio of number of grants to total number of patents.
Recent Patents
Application: Managing service level agreements by a distributed ledger network (Patent ID: US20240106725A1)
The patent filed by IBM describes a method and system for managing service level agreements (SLAs) between a user device and a service provider using smart contracts on a distributed ledger network. The method involves identifying SLA terms, translating them into smart contract instructions, obtaining availability data from the user device, and executing the smart contract on the distributed ledger network based on the availability data. The system includes components for enforcing SLAs, monitoring service availability, and interacting with the distributed ledger network to ensure compliance with the SLA terms.
By leveraging smart contracts and distributed ledger technology, the disclosed method and system enable automated monitoring and enforcement of SLAs between users and service providers. The system allows for real-time tracking of service availability, automatic provision of service credits based on SLA terms, and secure communication between the SLA enforcement component and the distributed ledger network. Additionally, the system can deploy availability monitoring components on user devices, store availability data securely, and respond to requests for additional information regarding service availability during specific time intervals. Overall, the patent presents a comprehensive approach to managing SLAs in a computing system using innovative technologies.
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GlobalData Patent Analytics tracks bibliographic data, legal events data, point in time patent ownerships, and backward and forward citations from global patenting offices. Textual analysis and official patent classifications are used to group patents into key thematic areas and link them to specific companies across the world’s largest industries.
