HOBOKEN, N.J., Could 11, 2020 (GLOBE NEWSWIRE) — through NetworkWire – America Patent and Trademark Workplace (USPTO) has issued a patent on personal blockchains to Ai-Blockchain (“AiB”). Ai-Blockchain is a number one supplier of customized synthetic intelligence pushed and blockchain options to purchasers resembling monetary exchanges, hospitals, media content material suppliers and provide chain platforms for practically a decade. Specialists think about AiB’s patented platform to be probably the most environment friendly, safe, and scalable blockchain know-how.
U.S. Patent No. 10,579,974, entitled “SYSTEMS, METHODS, AND PROGRAM PRODUCTS FOR A DISTRIBUTED DIGITAL ASSET NETWORK WITH RAPID TRANSACTION SETTLEMENTS,” was issued on March 3, 2020. The patent is directed to AiB’s core know-how which permits personal blockchains to transact digital belongings rapidly between events resembling digital rights administration for media firms, monetary exchanges and clients, healthcare establishments and physicians, and provide chains and retailers. AiB’s mixture of main software program know-how with foundational computing components is so distinctive that the US Patent and Trademark Workplace has now acknowledged its revolutionary elements.
Founders Stephen L. Reed and S. Drew Hingorani have created a game-changing strategy to safety and encryption, transactional pace and consumer service. For instance, AiB developed a HIPAA-compliant information cost platform which can be utilized by well being services and hospitals to compensate physicians. In some healthcare organizations, physicians are paid utilizing relative worth unit (RVU) based mostly compensation agreements, that are sophisticated. In these conditions, RVU-based formulation are probably the most important a part of a doctor’s compensation plan and it’s a labor-intensive course of which results in an insurmountable lack of productiveness thereby lowering the period of time dedicated to affected person care. AiB’s answer has solved this problem. For extra info on methods to work with AiB, please go to http://aiblockchainalliance.org
This new proprietary blockchain sensible contract is constructed upon the not too long ago open-sourced high-performance Kafka blockchain know-how, which is out there on GitHub right this moment through the next hyperlink: https://github.com/ai-coin/KafkaBlockchain. Anybody taken with a free structure diagram tutorial to boost their current infrastructure enterprise know-how ought to contact AiB instantly.
Stephen Reed, developer and AiB’s Chief Scientist, says, “Our platform has vital software within the healthcare business and monetary establishments the place all stakeholders demand continuous enchancment of safety and effectivity. With this issued patent, Ai-Blockchain can ship its supply code throughout all business requirements in managing digital asset transfers between two events or a number of events. AiB’s patented platform is probably the most environment friendly, safe and scalable blockchain know-how on this planet.”
Confluent’s Kai Waehner, Expertise Evangelist, Enterprise Architect, and International Discipline Engineer mentioned, “I’m actually enthusiastic about AiB’s Kafka add-on, “KafkaBlockchain” to construct tamper-evidence into scalable streaming functions utilizing Kafka and its entire ecosystem, together with Kafka Join, Kafka Streams and KSQL. This enables clients to construct mission-critical and safe functions on high of battle-tested Kafka infrastructure; with out the complexity and immaturity of different blockchain merchandise.”
The AiB platform operates seamlessly with Apache Kafka. KafkaBlockchain is a java library for tamper-evidence utilizing Kafka. Messages could be encrypted and made tamper-evident at a charge exceeding 2 million messages per second per matter. AiB’s sensible contract blockchain product operates effectively but consumes a fraction of the vitality required by competing blockchains. The structure additionally options tamper-evident safety, accountability, and transparency with the bottom prices and highest scalability.
Potential use instances embody: growing digital id constructions to be used with susceptible populations; enhancing cyber-security to raised defend the privateness of all personally identifiable info; securing private information throughout monetary companies; healthcare, actual property, provide chains and different essential industries which are migrating to cloud-based options.
Ai-Blockchain’s CEO, Drew Hingorani, states, “We actually respect the USPTO issuing our patent as we showcase our healthcare options enabling physicians to spend extra time with sufferers and demonstrating our blockchain cost cloud platform for quite a lot of makes use of throughout a number of industries. We proceed to develop and improve our personal and public blockchain know-how and each the cloud and the on-premise options can be found for firms to collaborate, deploy, consider, research and check. Stephen Reed is a revered know-how skilled with a robust monitor file of constructing and creating originative merchandise whereas main engineering groups for over 4 a long time utilizing all applied sciences. Working with him and the staff has been instructional and uplifting together with assembly fascinating folks worldwide.”
Joe Bacon, greatest recognized for his years of service to Rolls-Royce within the UK, not too long ago acknowledged, “Having researched and performed proof of idea research for the industrialization of blockchain know-how over a number of years, a couple of areas of concern constantly arose: transaction pace, vitality consumption, safety, information tenancy, and lifecycle prices. I’m happy to say having labored with Ai-Blockchain since 2016, they’ve addressed all of those points with their patented know-how stack, which makes use of the strong and safe Amazon AWS cloud companies for scalability to satisfy all the calls for of worldwide companies. I’d extremely advocate partaking and dealing with AiB to discover how they may also help your online business achieve remodeling the best way you’re employed, while lowering through-life prices in comparison with Ethereum or different blockchains. I’m positive they gained’t thoughts me saying that from a return on funding viewpoint they considerably outperform bigger organizations. The AiB staff utilized sound architectural designs and supplied know-how product demonstrations that no different Blockchain or software program firm did in the identical manner. I will likely be happy to see extra folks working with AiB in 2020.”
About Ai-Blockchain:
AiB know-how and blockchain options convey a brand new class of merchandise to the world. Ai-Blockchain is a privately held know-how firm that developed a patented blockchain platform on the cloud. Personal and public blockchains are proposed for a number of enterprise makes use of. AiB consultants and workers work remotely to assist forestall the unfold of COVID-19. For info on methods to be a part of an AiB on-line video session, please e mail info@ai-blockchain.com or name +1.201.349.4996.
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