The giant internet retailer Amazon’s two blockchain patents will tackle the issues related to distributed data storage. Recently, the topmost online retailer who had applied for the patent of two cryptography data-storage solutions received approval for the same from the US Patent and Trademark Office (USPTO).
The two patents originally filed by the American company in 2018 and in 2015 are expected to make the status of Amazon as the contender in the internet retailing domain more robust. The two patents are related to cryptographic signatures and expandable data grids.
Called Signature Delegation, the first patent outlines the way digital signatures can be protected during integration between the signature authorities with the subordinates who are authorized for signing as a representative of the central entity. This signature authority delegation is almost similar to the structure of “Merkle Tree” which is a sort of binary data structure. This structure facilitates the verification of huge data efficiently and works on the fundamentals of blockchain technology.
The second of the two Amazon blockchain patents is called the Extending Grids in Data Storage Systems. This describes a way to create extendable shards in the database. The process of data sharding is immensely useful to build a flexible dataset, similar to the one in the blockchain, reported Cryptovest. Importantly, these patents from Amazon resolve the issues related to the blockchain-enabled distributed data storage addressed previously as well as leveraged by Siacoin, Fllecoin, and Arweave, some of the data storage startups based on the blockchain.
Apart from the two Amazon blockchain patents, many other companies like Alibaba, IBM, and Bank of America are competing to get patents on various blockchain-related projects. On 8 Nov. IBM published its patent application that presents an idea utilizing blockchain for allowing the researchers to track their work and also share the details with others on the digital database, reported Coin Insider. The leading IT giant company first filed this program titled, “Blockchain for Open Scientific Research” in December 2017 with the USPTO.
The post Amazon’s Two Blockchain Patents To Tackle Distributed Data Storage-Related Issues appeared first on OWLT Market.
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