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Cryptocurrency system using body activity data

patentscope.wipo.int

11–20 of 49 posts

Re: Cryptocurrency system using body activity data

#14
Proof-of-Work alternatives that could distinguish between a human and spoofing attempts is an important problem.

This patent is about this problem but it does not put forward a solution. It's probably an attempt for patent trolling in the unlikely case that a feasible genius solution would be found.

Re: Cryptocurrency system using body activity data

#16
It is a shame the cryptocurrency phenomenon has been and gone, with just these quirky stories popping up now and again.

Imagine if the hype was in full swing now. Blockchain technology would be delivering us from the global lockdown, probably making early adopters rich along the way. HN would be full of stories about how blockchain startups would be solving the pandemic. People stuck at home could be playing the crypto markets 24/7 earning themselves vast imaginary fortunes that would 'pay' for the vaccines to be 'developed'.

Re: Cryptocurrency system using body activity data

#17

It is a shame the cryptocurrency phenomenon has been and gone, with just these quirky stories popping up now and again. Imagine if the hype was in full swing now. Blockchain technology would be delivering us from the global lockdown, probably making early adopters rich along the way. HN would be full of stories about how blockchain startups would be solving the pandemic. People stuck at home could be playing the cryp…

How exactly would blockchain solve a medical problem? It's not like blockchain has died. All major currencies are alive and so are the speculators. What is stopping cryptocurrencies from solving something which they could solve in there "full swing" days?

Re: Cryptocurrency system using body activity data

#19

It is a shame the cryptocurrency phenomenon has been and gone, with just these quirky stories popping up now and again. Imagine if the hype was in full swing now. Blockchain technology would be delivering us from the global lockdown, probably making early adopters rich along the way. HN would be full of stories about how blockchain startups would be solving the pandemic. People stuck at home could be playing the cryp…

How exactly would blockchain solve a medical problem? It's not like blockchain has died. All major currencies are alive and so are the speculators. What is stopping cryptocurrencies from solving something which they could solve in there "full swing" days?

That’s the joke, I presume.

Re: Cryptocurrency system using body activity data

#20
This is not a "crypto currency system". It's a business method patent for shilling people with crypto when you do something.

The idea of "gamifying" physical actions has been around for a long long time, most notably Foursquare and Fitbit. These guys are just taking that concept and saying "we'll give you crypto instead".

I don't think this is patentable. It's too obvious. Even if it were to be patented, it can't be enforced for anything more than patent trolling.

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