Xerox Receives Patent for Blockchain Based Digital File Validation System November 14, 2018 November 14, 2018 Kelly Cromley http://1AZFjzw2#Nwf63pYaMWq#xIY
Market NewsNovember 14, 2018 by Kelly Cromley

Xerox Receives Patent for Blockchain Based Digital File Validation System

According to a patent filing divulged by the US Patent and Trademark Office (USPTO), Xerox has been issued a patent for a blockchain-driven digital file validation process. Xerox — recognized for its eponymous printing and digital copying appliances— initially documented the patent in August 2017. The patent describes a blockchain – based technique for safely storing revisions of digital records.

The mechanism offered by Xerox can supposedly discover certainly a file has been modified and record the changes made. The decentralized validation process makes the arrangement unresponsive to tampering, the storage states. Explaining the scientific know-how at the back of the patent, Xerox describes an array of blockchain nodes that may endorse or brush off each modification made.

The filing also means that the administration structure will forewarn its users on every occasion a certain node fails to uphold the report or the matter that differs from its substantiated variant.

Xerox believes that the freshly patented scientific know-how can be utilized to scrutinize digital files in many areas, including therapeutic and monetary records, tax bill, and educational papers. The filing in particular mentions criminal inspection documents, such as interview jottings, crime act photos and DNA check outcome that needs to be protected from alterations and meddling.

In 2016, Xerox filed an identical patent, aiming to build a blockchain-based timestamp covenant for info such as copies or artwork. Per the filing, the enterprise sought the footprints to be unalterable, which means that info bearing such a seal can be conceivably handed over to court as documentation. Major tech and high-tech companies have filed a bunch of patent applications for various custom built iterations and applications of blockchain technology.

September news stated that IBM had filed the highest number of blockchain-related patent applications than any other enterprise at the time of news issue. IBM has registered over 90 blockchain patents, the most recent of which aims to apply blockchain technology to assist scientific exploration and provide a history of its outcome.

AuthorKelly Cromley

Kelly is our in house crytpto researcher, delving into the stories which matter from blockchains being used in the real world to new ico coming out.