International Business Machines had 448 patents in digitalization during Q2 2024. The patents filed by International Business Machines Corp in Q2 2024 include methods for securing digital assets, generating personalized multimedia, analyzing service impact and user tone for scaling computing clusters, dynamic shopping based on user orders, and automatically generating product designs through user interactions and sentiment analysis. GlobalData’s report on International Business Machines gives a 360-degree view of the company including its patenting strategy. Buy the report here.
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International Business Machines had no grants in digitalization as a theme in Q2 2024.
Recent Patents
Application: Method for digitally securing an asset (Patent ID: US20240212040A1)
The patent filed by IBM describes a computer-implemented method for automatically securing digital assets by hashing a secret preimage to produce a secret hash, locking digital collateral and loan assets with the secret hash for different predetermined periods, and pledging a loan repayment. The method involves automatically unlocking the collateral asset for the borrower upon receiving a pledge for the loan repayment. Additional claims detail the process of claiming the loan asset, supplying the secret preimage, and extending the time for supplying claims on collateral assets.
The patent also covers a computer program product and system for digitally securing assets, including instructions for hashing the secret preimage, locking collateral and loan assets, pledging loan repayment, and automatically unlocking collateral assets. The system includes computer processors, storage media, and program instructions for executing the digital asset security process. Further claims outline the steps for claiming loan assets, supplying the secret preimage, and extending the time for submitting claims on collateral assets.
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