The present invention is a system and method that applies Ricardian Contract Principles to agreements. Ricardian contracts are designed for the hyper ledger, and are comprised of three main components: contract, metadata, and ledger. The present invention collects data from a confidentiality agreement, and can draft the agreement to ensure high accuracy in data extraction. Contract terms can be organized in a hierarchy of importance that ranks contract statement in the general order, such as: obligations; restrictions; rights; and conditional statements. The present invention tracks episodic and conditional terms, such as a monthly payment or a disclosure requiring notification. The present invention connects agreement terms to an immutable contract ledger. A ledger of contract statements associated with the events or circumstances triggering such contract obligations, restrictions, and rights processed by an immutable historical log recording all events.

A digital content distribution system uses a Digital Rights Management Controller that performs a set of arbitrary tests against the transfer request from one user to another such as user A to user B. Assuming these tests are successful, the DRM sends an encryption key to transferring user A. This encryption key E is taken from a table of encryption key/hash pairs which have been provided to the DRM Controller by an external authority such as the content rights holder. User A encrypts the content using they key provided by the DRM controller and then optionally calculates a hash over the encrypted form of the content E(X) and returns this value to the DRM Controller. On checking the returned hash against the hash from the table the DRM controller knows that user A does indeed have the digital content X in good condition. The DRM Controller then instructs both users A and B that the transfer may proceed. The encrypted form of the content E(X) is transferred from A to B. Once the content transfer has completed B ensures that the received content has been physically written to non-volatile storage (to account for crashes etc. during the next step). B then calculates a hash over the received content and returns this value to the DRM Controller. If this value matches the value previously given then the transfer has been successful and the DRM Controller updates whatever central records are appropriate, while also returning a decrypt key to B to allow it to decrypt the content.

A system for generating and applying a secure token in a resource distribution network is provided. For example, a headend system generates a time-based token based on a time duration specified for a meter. The time-based token indicates the time duration for the meter. The time-based token is further generated based on an identifier of the meter. The headend system transmits the time-based token to the meter via at least a mesh network. After receiving the time-based token, the meter validates the time-based token to determine that the time-based token is generated for the meter based on information related to the identifier of the meter. If the meter determines that the time-based token is valid, the meter connects premises associated with the meter to a resource distribution network for at least the time duration specified in the time-based token.

An example transaction-enabled system may include a smart contract wrapper to access a distributed ledger comprising intellectual property (IP) licensing terms corresponding to IP assets, wherein the IP licensing terms include an apportionment of royalties among owning entities in the distributed ledger. The smart contract wrapper may interpret an IP description value and an IP addition request, and, in response to the IP addition request and the IP description value, to add the apportionment of royalties corresponding to the IP description value. At least one of the plurality of IP assets comprises an instruction set and an operation on the distributed ledger provides provable access to the instruction set. A royalty apportionment wrapper apportions royalties from at least one royalty generating element to owning entities in response to the IP licensing terms.

The present disclosure describes transaction-enabling systems and methods for enabling machine resource transactions. A system can include a machine having at least one of a compute task requirement, a networking task requirement, and an energy consumption task requirement; and a controller. The controller can include a resource requirement circuit to determine an amount of a resource for the machine to service task requirement, a resource market circuit to access a resource market, and a resource distribution circuit to execute a transaction of the resource on the resource market in response to the determined amount of the resource.

Systems and methods for forward market price prediction and sale of energy storage capacity are disclosed. An example transaction-enabling system may include a fleet of machines having an aggregate energy storage capacity; and a controller, comprising: an external data circuit structured to monitor an external data source and collect data from the external data source; an expert system circuit structured to predict a forward market price for energy storage capacity based on the collected data and the aggregate energy storage capacity; and a smart contract circuit structured to automatically sell at least a subset of the aggregate energy storage capacity on a forward market for energy storage capacity in response to the predicted forward market price.

A system for managing analysis of health information includes data-storage components configured for storage and retrieval of health information, sealed processing components configured for performing a conformity evaluation of data related to the health information and analytics data related to analysis requests, distributed-ledger components configured for regulation of data exchange between components of the system, and sealed processing components configured for performing specific data analytics on specific health information according to the conformity evaluation. The sealed processing components are characterized by a non-editable regulation on the distributed-ledger components preventing the sealed processing components from transmitting, to an external destination, certain protected data related to the specific data analytics on specific health information.

A non-transitory computer readable medium stores instructions that, when executed by a processor, cause the processor to receive telemetry data representing usage of one or more software assets by one or more industrial automation devices within an industrial automation system operated by an enterprise, reference a local blockchain that is a private extension of a global decentralized blockchain to determine one or more licenses associated with the one or more software assets, determine one or more usage parameters for the one or more software assets based on the telemetry data and the one or more licenses, update the local blockchain and the global decentralized blockchain based on the and the usage parameters, and enable usage of the one or more software assets by the one or more industrial automation devices based on the one or more usage parameters and one or more thresholds defined by the one or more licenses.

A method for facilitating a distributed catalog service via a federated blockchain is disclosed. The method includes receiving, via an initiator, a submission, the initiator corresponding to a node from among a plurality of nodes of a distributed ledger; validating, via a validator, the submission, the validator corresponding to another node from among the plurality of nodes of the distributed ledger; determining whether a threshold is satisfied based on a result of the validating; initiating an action when the threshold is satisfied, the action including a modification of the distributed ledger at each of the plurality of nodes according to the submission; and notifying subscribers to the distributed ledger.

The current disclosure relates to a system and method to automate both extraction of video file duration and/or video file size information about uploaded video content and calculation of audience streaming fees based at least in part on that data. The instant innovation provides for tokenized payment exchange to permit dynamic content pricing calculable in both macro and micro payments. The instant innovation provides for a platform and method for exchanging legal tender to and from system-recognized tokens. In an embodiment, the instant innovation provides for a minimum platform fee, expressed as an integer multiple of the content duration, and a set fee, representing a content-creator-determined reserve price.