USING NON-FUNGIBLE TOKENS STORED ON A DIGITAL LEDGER FOR CONTROLLING OWNERSHIP OF WELL LOG DATA

Non-fungible tokens (NFTs) can be generated and stored on a digital ledger for use in controlling ownership of well log data in some examples described herein. In one such example, a system can encrypt well log data to generate encrypted well-log data. The system can then generate a new record that...

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Bibliographische Detailangaben
Hauptverfasser: Antonio, Daniel, Sadlier, Andreas Gerhard
Format: Patent
Sprache:eng
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Zusammenfassung:Non-fungible tokens (NFTs) can be generated and stored on a digital ledger for use in controlling ownership of well log data in some examples described herein. In one such example, a system can encrypt well log data to generate encrypted well-log data. The system can then generate a new record that associates a non-fungible token with the encrypted well-log data, where the non-fungible token is usable to track ownership of the well log data. The system can then publish the new record to a digital ledger that is distributed among a plurality of computer nodes of a ledger network. The new record can be published to the digital ledger in response to at least a subset of the computer nodes reaching a consensus decision to add the new record to the digital ledger.