Microsoft submits Patent for new crypto-currency-Mining-technology

Crypto Mining is one of the ways to earn crypto currencies, without the need for you to buy, and it seems that the technology giant Microsoft has a new idea. The company has filed a patent application for an innovative System for the Mining of crypto-currencies.

One of the leading technology companies in the world, Microsoft, has registered with the world intellectual property organization (WIPO) patent protection that could revolutionize a new way of Mining. According to the application, the Sensors might detect certain activities in connection with certain tasks. The time could you spend with this View to look at on the phone and in information that can be read by computers to the solution of computational problems used – just as in the conventional Proof-of-Work System. In addition, the System could also prompt the user to carry out certain tasks in order to improve the process.

The document argues that the technology uses our brain waves and our body temperature, which are needed to perform various Online tasks. In its Patent, Microsoft said that a user might be able to solve Mining tasks, without even knowing it. The Patent makes it clear that the brain impulses or bodily reflexes that are needed when a user performs a task on the Web, while he uses certain Internet-based services, can be used for the Mining of crypto-currencies.

Microsoft also pointed out that the proposed method could reduce the removal amount of energy required and speed up the process. The Patent says that, instead of the solution more difficult of computer could serve tasks on the existing Mining System data, which are generated by activities of the body, as a Proof-of-Work. This means that the user solves the complex mathematics that is associated with the mining of crypto-currencies, without even knowing it. The public become document, Microsoft describes the following function:

The human body activity, which is associated with a task, which is made available to a user, can be used in a Mining process, a crypto-currency system. A Server can deliver a task to a device of a user that is communicatively coupled with the Server. A Sensor coupled with the device of the user’s communicative or in this included, capable of detecting the body activity of the user. Physical activity data can be generated on the basis of the perceived body activity of the user.

With the user’s device communicatively coupled to the crypto-currency system can check whether the body activity data meets one or more of the conditions set by the crypto-currency system, and the user, whose body activity data are checked, crypto-currency assign.

Microsoft and the Mining of crypto-currencies

Although the patent application was filed, is of course unclear whether Microsoft will push the development forward. As one of the leading providers in the field of conventional technology, Microsoft is, to some extent, in the field of crypto-currencies operate. The Tech giant is involved in Bakkt, the trading platform for Bitcoin futures contracts, and a subsidiary of Intercontinental Exchange (ICE). Last Bakkt completed a $ 300 million series B funding round, and was one of the leading investors, Microsoft’s M12. In this respect, it remains interesting to see whether Microsoft will engage more strongly in this area, especially now that the Coronavirus affects the Tech-giants.

Featured Image: Anucha Cheechang | Shutterstock