- Microsoft announces filing of patent for human activity-based mining concept.
- Companies looking to perfect and propose an alternative for Bitcoin’s energy-intensive mining process.
Tech giant and conglomerate Microsoft has filed a patent for a new human activity-based crypto mining system. This is not the first blockchain-based patent registered by the company as all of the world’s largest corporations are embroiled in a tug of war to benefit from this sector effectively.
The patent was filed with the World Intellectual Property Organization (WIPO) earlier. It proposes a new system that envisages the use of proof-of-work but in a different context. According to the filing, human activity data can be considered a proof-of-work concept that can eventually be applied in a decentralized consensus network. This healthy non-energy intensive alternative can be a future PoW alternative to the current model.
So, in theory, physical exertion and other activities can be recorded through sensors and be considered an actual proof-of-work. The patent is silent on further in-depth details that can bring further clarity to the subject. It is clear that as of now, the patent has limited actual on-ground solution capability. More and more companies are looking to discuss a new mining approach to get rid of the energy-intensive mining process of the current Bitcoin network.
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