Tech behemothic, Microsoft, is looking to develop a cryptocurrency system which enables individuals to mine cryptocurrency using their body action data, eliminating the demand for specialized mining machines.

Microsoft published a patent dubbed "Cryptocurrency arrangement using body action data" on March 26. Their paperwork details a method of crypto mining which exploits data associated with a user's torso action to practise a new grade of proof-of-piece of work. The document farther details:

"For case, a encephalon wave or body heat emitted from the user when the user performs the task provided past an information or service provider, such as viewing advertisement or using sure internet services, can be used in the mining process."

Diagram of the invention. Source: Patentscope

Diagram of the invention. Source: Patentscope

To implement the process, a server provides a task to a user'due south device, which is communicatively coupled to the server. A special sensor then indicates body activity of the private, while a cryptocurrency system verifies whether or non the trunk activity data satisfies the conditions fix by the cryptocurrency system. Ultimately, the system awards cryptocurrency to the user whose body activity information is verified.

Blockchain patents gain traction

Technology companies continue to experiment with cryptocurrency and blockchain in an attempt to remain a step ahead of their rivals. In the Us alone, the U.s.a. Patent and Trademark Office granted 227 blockchain-related patents from January 2022 to October 2022.

Recently, another tech behemoth, IBM, was awarded a patent for the development of a so-called "self-enlightened token." The thought of the development is that the adoption of new forms of currency will create questions regarding the power to validate, authenticate, and coordinate transactions across diverse forms of payment and trade that traditionally had little or no interaction.

Brian Amstrong, the CEO of Coinbase, patented a method that enables users to make Bitcoin (BTC) payments using email addresses tied to wallet addresses, without incurring transaction fees.