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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creator | Mukherjee, Tridib Marathe, Ashwini Sanjay Bathia, Krupa Vrajlal Hegde, Aditya Narayanan, Krishnaprasad |
description | 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. |
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subjects | CALCULATING COMPUTING COUNTING DATA PROCESSING SYSTEMS OR METHODS, SPECIALLY ADAPTED FORADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORYOR FORECASTING PURPOSES ELECTRIC COMMUNICATION TECHNIQUE ELECTRICITY HANDLING RECORD CARRIERS PHYSICS PRESENTATION OF DATA RECOGNITION OF DATA RECORD CARRIERS SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE,COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORY OR FORECASTINGPURPOSES, NOT OTHERWISE PROVIDED FOR TRANSMISSION OF DIGITAL INFORMATION, e.g. TELEGRAPHICCOMMUNICATION |
title | BLOCKCHAIN DRIVEN UNIFIED MULTI-PARTY SYSTEM AND METHOD FOR MONITORED TRANSACTIONS OF URBAN ASSETS |
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