International Business Machines Corporation
Digital agreement management on digital twin ownership change
Last updated:
Abstract:
Managing digital asset representation of physical assets upon transfer of ownership of the physical asset and its digital representation, for example a digital twin. Detecting a change-of-ownership event prompts a new owner to cause generation of a new digital agreement based on the original digital agreement subject to any desired modifications. A new digital twin and a new digital agreement are generated. Data may be written to a blockchain.
Status:
Grant
Type:
Utility
Filling date:
23 Apr 2019
Issue date:
31 May 2022