Amazon has patented a solution for the data transmission market using Bitcoin.

Amazon Technologies, a division of the leading e-commerce company for cloud solutions, Amazon, received a patent for a solution for the broadcast data market, allowing subscribers to receive encrypted transaction data in real time. This is written by CoinDesk.

The patent describes a system that allows individuals and organizations to display data flows for sale by subscription.

            

In particular, this solution will allow developers to create toolbars in real time, intercept exceptions and generate alerts, make recommendations and make other commercial and operational decisions in real time.

Potential cases for this market include the analysis of site traffic, commercial and financial information, data in social networks, data accounting and other application scenarios.

At the same time, the publication draws attention to the fact that one of the cases focuses directly on the cryptocurrency market. As stated in the patent specification, individual data flows, for example, bitcoin transaction data and other cryptocurrencies, may not represent values ​​per se. However, the combination of such data with additional sources can make them more valuable.

"For example, an online rite group that accepts bitcoin transactions can have a delivery address that maps to the bitcoin-wallet address." Retailers can combine the shipping address with bitcoin-transaction data to create correlated data and publish these combined data as a sequence, "says the patent.

Amazon also points out the potential interest in this market by law enforcement agencies.

"Application of the law can be to your customers and to obtain data about the global Bitcoin transactions of country data and ISP, which allow them to determine the IP-address of origin and the delivery address, which are correlated with the addresses of the Bitcoin wallets "- say the authors of the patent.