The American multinational technology company Microsoft is planning on introducing a new cryptocurrency system which will let individuals use their body activity for mining cryptocurrencies. You can search international patents here. Reblog.
The patent was published by the World Intellectual Property Organization (WIPO) on March 26. This system is unique in that it allows for cryptocurrency to be mined (created) from biodata generated from human activity. Microsoft And Cryptocurrency Mining. Microsoft’s Human-Mined Cryptocurrency – Creepy or Cool? Microsoft Files Patent Application for Crypto Mining System Powered by Human Activity . According to the patent, Microsoft’s cryptocurrency would make use of body activity data. If that sounds a little strange, you should take a dive deep into the details of the patent published yesterday filed by Microsoft. The system aims to reduce computational energy consumed during mining while also making the mining process faster. Cryptocurrency mining is one of the ways to start stacking digital assets, and it appears that the tech giant Microsoft has come up with a new idea. It sounds a little other-worldly and, honestly, borderline creepy. The sketch is officially called the ‘Cryptocurrency System Using Body Activity Data’: Click to enlarge (Credit: WIPO IP Portal) The company has filed a patent application for an innovative system to mine cryptocurrencies. Microsoft’s new patent is for a new type of Crypto Mining System, or a new way to create cryptocurrency. Coindesk. Share. The application was filed on June 20 last year. Microsoft has filed a patent titled “Cryptocurrency system using body activity data” which was published yesterday. On March 26, the technology giant Microsoft filed a patent titled, “Cryptocurrency system using body activity data” desiring to replace the old crypto mining system that uses computational power for … Microsoft has proposed a … If that sounds a … Microsoft Files Patent For New Cryptocurrency and Mining System Read More »
Microsoft wants to create a new cryptocurrency that’s still mined using PoW–except replacing expensive power-intense mining rigs with basic human energy. The sketch is officially called the ‘Cryptocurrency System Using Body Activity Data’: Click to enlarge (Credit: WIPO IP Portal) Microsoft Files Patent For New Cryptocurrency and Mining System If that sounds a little strange, you should take a dive deep into the details of the patent published yesterday filed by Microsoft. This would allow individuals to mine crypto and replace the need for ASICs. Microsoft wants to create a new cryptocurrency that’s still mined using PoW–except replacing expensive power-intense mining rigs with basic human energy.
Last June, Microsoft Technology Licensing, LLC filed an international patent for an odd design that uses humans to mine cryptocurrency via their physical activities, as opposed to using a computer-related mining device.
It’s called: “Cryptocurrency system using body activity data.” The patent talks about a new cryptocurrency that uses body activity data for mining allowing users to mine the currency without needing an expensive mining rig. In a new patent, Microsoft proposes that cryptocurrencies can be mined using data collected from humans as they exercise or read an advertisement..
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