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DMG Blockchain Solutions Inc V.DMGI

Alternate Symbol(s):  DMGGF | V.DMGI.WT

DMG Blockchain Solutions Inc., together with its subsidiaries, operates as a blockchain and crypto-currency company in North America. The company manages, operates, and develops digital solutions to monetize the blockchain and generative artificial intelligence (AI) compute ecosystems. It also offers transaction verification/Bitcoin mining, AI compute, server hosting, data center operation and colocation, and forensic consulting services; and engages in the research and development of technology solutions. In addition, the company develops and licenses Blockseer blockchain infrastructure software comprising Terra Pool, which enables carbon neutral Bitcoin miners increased monetization opportunities while contributing to decarbonization of the Bitcoin blockchain; Helm, a data center facility manager used to maximize Bitcoin mining fleet uptime and efficiency; Blockseer Petra, which enables users to transact via the Bitcoin blockchain in a carbon neutral manner; Blockseer WalletScore ...


TSXV:DMGI - Post by User

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  • phoenix_traderX
Post by phoenix_traderon May 11, 2022 12:50pm
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Post# 34674465

Mining now but also DMG’s Intellectual Property and Patents

Mining now but also DMG’s Intellectual Property and PatentsDMG’s IP and Patent Portfolio

To date, DMG exclusively owns and controls blockchain-specific patent pending technology registered in the United States. A brief summary of DMG’s (including Blockseer) key patents filed are as follows:

  1. SELECTION OF CRYPTOGRAPHIC IDENTIFIERS IN A BLOCK: Filtering inbound transactions of a blockchain node against a list of cryptographic identifiers, excluding transactions that involve cryptographic identifiers that our data indicates are nefarious activity.
     
  2. OFF NETWORK IDENTITY TRACKING IN ANONYMOUS CRYPTOCURRENCY EXCHANGE NETWORKS: A method of facilitating identity information exchanged in cryptocurrency transactions using cryptographically verifiable addresses in a cryptocurrency exchange network along with identity information between the transmitter wallet service system and the recipient wallet service system.
     
  3. PROVIDING DATA PROVENANCE, PERMISSIONING, COMPLIANCE, AND ACCESS CONTROL FOR DATA STORAGE SYSTEMS USING AN IMMUTABLE LEDGER OVERLAY NETWORK: A system for data provenance and data storage that allows multiple independent parties (who may not trust each other) to securely share data, track data provenance, maintain audit logs, keep data synchronized, comply with regulations, and handle permissioning and control who can access the data.
     
  4. CRYPTO TAINT TRACKING: A method for detecting and tracking tainted cryptographic wallets. The method measures a wallet's propensity to engage in criminal or suspicious activity. Naturally, transacting with a criminal is tantamount either to funding crime or laundering its proceeds, so it is in our collective interest to identify – and then monitor or quarantine – any wallet with criminal association. The method also automatically flags risky withdrawal requests in real-time for further review before committing them to the blockchain.

First Mover Advantage for DMG and its Blockseer Subsidiary

DMG’s acquisition of Blockseer in 2018 was a strategic move based on the future of compliance and good governance in the cryptocurrency space. Blockseer highlights DMG’s foresight to ensure the Company was developing the right technology and products to unlock adoption in advance of regulatory compliance.

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