Inventec has patented a blockchain-based method for processing traffic violations. The system collects data from multiple vehicle nodes to determine the validity of violation reports, improving credibility and tamper resistance. The method involves obtaining evidence data, verifying information, and involving an event auditor terminal for final validation. GlobalData’s report on Inventec gives a 360-degree view of the company including its patenting strategy. Buy the report here.
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According to GlobalData’s company profile on Inventec, Data center cooling systems was a key innovation area identified from patents. Inventec's grant share as of April 2024 was 55%. Grant share is based on the ratio of number of grants to total number of patents.
Blockchain-based method for processing traffic violation events
A recently granted patent (Publication Number: US11966994B2) discloses a blockchain-based method for processing traffic violation events. The method involves steps such as obtaining traffic violation reporting information from a first vehicle node stored in a blockchain, retrieving associated evidence data from a second vehicle node, and determining the validity of the reported violation based on the evidence data. If the quantity of second vehicle nodes providing evidence data is below a certain threshold, the information is sent to multiple event auditor terminals for further validation. The system also includes provisions for anonymizing vehicle identification information and allocating points to vehicles based on their reporting and proving contributions.
Furthermore, the patented method includes steps for collecting road images, sending proving requests between vehicle nodes, and storing evidence data in the blockchain. After validation of the traffic violation reporting information, the system processes the violation according to preset rules and stores the processing results in the blockchain. The patent also covers a blockchain-based system that implements the method, comprising modules for obtaining reporting information, retrieving evidence data, and determining the validity of the reported violations. This innovative approach to processing traffic violations using blockchain technology aims to enhance transparency, accuracy, and efficiency in handling such events, ultimately contributing to improved traffic management and safety on the roads.
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