Invention Grant
- Patent Title: Method for determining a cost to allow a blockchain-based admission to a protected entity
-
Application No.: US15994434Application Date: 2018-05-31
-
Publication No.: US10924484B2Publication Date: 2021-02-16
- Inventor: Alon Lelcuk , David Aviv
- Applicant: RADWARE, LTD.
- Applicant Address: IL Tel Aviv
- Assignee: RADWARE, LTD.
- Current Assignee: RADWARE, LTD.
- Current Assignee Address: IL Tel Aviv
- Agency: M&B IP Analysts, LLC
- Main IPC: H04L29/06
- IPC: H04L29/06 ; G06Q20/38 ; H04L9/06 ; H04L9/32

Abstract:
A method and system for determining a cost to allow a blockchain-based admission to a protected entity. The method includes identifying, in a blockchain network, a conversion transaction identifying a conversion of a first-type of access tokens with access tokens of a second-type, wherein the transaction designates at least the protected entity; determining a conversion value for converting the first-type of access tokens into the second-type access tokens, wherein the conversion value is determined based on at least one access parameter; and converting, based on the determined conversion value, a first sum of the first-type access tokens into a second sum of the second-type access-tokens, wherein a client spends the second sum of the second-type access tokens to access the protected entity, the determined conversion value is the access cost to the protected entity.
Public/Granted literature
- US20190334904A1 METHOD FOR DETERMINING A COST TO ALLOW A BLOCKCHAIN-BASED ADMISSION TO A PROTECTED ENTITY Public/Granted day:2019-10-31
Information query