The American multinational telecom holding AT&T has filed a patent which describes a system of monitoring a blockchain social history maps.
AT&T is a U.S.-based multinational telecoms conglomerate. It’s the second largest mobile services provider and the leading provider of fixed phone services in the U.S.
The system which is based on a distributed blockchain database can be used not only by the company but also by its users. For instance, it can monitor microculture transactions, by checking trends at a given time and place.
“The social media history map platforms described herein may take advantage of the immutable and permanent nature of blockchain records to store, and provide access to, data representing online transactions that occur on multiple social media applications. However, instead of passing ownership of blocks or data between users, a social media account owner maintains primary ownership of his or her online transaction data,” the patent states.
And it’s worth to say that AT&T is a big blockchain believer. Earlier, the CEO of AT&T, Randall Stephenson, noted the blockchain technology as the most exciting technology, calling it “a game changer” technology.
Payments giant Mastercard previously also registered a new patent claiming that the company developed a new way of keeping cryptocurrency transactions private.
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