BLOCKCHAIN DRIVEN UNIFIED MULTI-PARTY SYSTEM AND METHOD FOR MONITORED TRANSACTIONS OF URBAN ASSETS

A blockchain-based system and method for managing urban assets such as parking spaces with a ledger data structure. In an example embodiment, a blockchain-based platform can be configured, which unifies a plurality of stakeholders with respect to one or more digital/physical assets. The blockchain-b...

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Bibliographische Detailangaben
Hauptverfasser: Mukherjee, Tridib, Marathe, Ashwini Sanjay, Bathia, Krupa Vrajlal, Hegde, Aditya, Narayanan, Krishnaprasad
Format: Patent
Sprache:eng
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Beschreibung
Zusammenfassung:A blockchain-based system and method for managing urban assets such as parking spaces with a ledger data structure. In an example embodiment, a blockchain-based platform can be configured, which unifies a plurality of stakeholders with respect to one or more digital/physical assets. The blockchain-based platform is configured to provide the stakeholders with weighted control and ownership of data regarding the asset (or assets). The blockchain-based platform is also configured to enable tracking of the true state of the asset by maintaining a single version of truth, thereby avoiding disputes with respect to the asset while facilitating on-demand sharing of the asset.