Invention Grant
- Patent Title: Smart contract compliance monitoring and enforcement
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Application No.: US16176843Application Date: 2018-10-31
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Publication No.: US11645708B2Publication Date: 2023-05-09
- Inventor: Michael Dawson
- Applicant: PROMONTORY FINANCIAL GROUP, LLC
- Applicant Address: US DC Washington
- Assignee: INTERNATIONAL BUSINESS MACHINES CORPORATION
- Current Assignee: INTERNATIONAL BUSINESS MACHINES CORPORATION
- Current Assignee Address: US NY Armonk
- Agency: Cuenot, Forsythe & Kim, LLC
- Main IPC: G06Q40/02
- IPC: G06Q40/02 ; H04W4/38 ; H04L9/06

Abstract:
A smart contract clause can be generated with a processor communicatively coupled to a blockchain supported by a peer-to-peer network. The smart contract clause can be automatically invoked in response to a sensor-generated signal, wherein the sensor-generated signal corresponds to at least one or more predefined contract variance conditions. The smart contract clause can be embedded in a smart contract in the blockchain.
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