Lumen Technologies had two patents in blockchain during Q1 2024. Lumen Technologies Inc has developed tools and techniques for data and source validation, enabling equipment output data analysis and equipment failure prediction. The system retrieves and analyzes data from equipment, determining its trustworthiness before sending it to requesting devices. If data cannot be trusted, the system requests identification of a blockchain containing a copy of the data, abstracts the data, and sends it to the requesting device. GlobalData’s report on Lumen Technologies gives a 360-degree view of the company including its patenting strategy. Buy the report here.
Lumen Technologies grant share with blockchain as a theme is 50% in Q1 2024. Grant share is based on the ratio of number of grants to total number of patents.
Recent Patents
Application: Data and source validation for equipment output data or equipment failure prediction using blockchains (Patent ID: US20240022574A1)
The patent filed by Lumen Technologies Inc. describes a method, apparatus, and system for implementing data and source validation for equipment output data and predicting equipment failure. The method involves receiving a request for data output by equipment, analyzing the data to determine trustworthiness, and sending the data to the requesting device if trusted. If further validation is required, a blockchain system is used to identify a blockchain containing a copy of the data, which is then abstracted and sent to the requesting device. The apparatus includes a processor and computer software to execute the method, while the system comprises a computing system with instructions for data validation and blockchain identification.
The patent covers various aspects such as the type of computing system and requesting devices involved, the equipment types including physical and virtual devices, real-time data analysis, predicting equipment failure based on data analysis, and the nature of data being processed. The system is designed to ensure the integrity and trustworthiness of equipment output data by utilizing blockchain technology for validation when necessary. The method, apparatus, and system described in the patent aim to enhance data validation processes, particularly for critical equipment output data, by leveraging blockchain technology for secure and reliable validation.
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