Nevada Patent of the Year – 2024/2025
LedgerDomain LLC has been awarded the 2024/2025 Patent of the Year for their innovative approach to integrating machine learning with blockchain technology. Their invention, detailed in U.S. Patent No. 12028452, titled ‘Establishing a trained machine learning classifier in a blockchain network’, introduces a novel method for enhancing compliance and anomaly detection in regulated industries.
This patented system utilizes a neural network-enabled interface server within a blockchain network to detect and manage exception events in real-time. By applying multilayer convolution and pooling processors to training datasets, the system generates reduced-dimensionality images of drugs and exception events. These images are then used to train classifiers that can identify discrepancies and trigger appropriate remedial actions, all while maintaining the integrity and transparency inherent in blockchain technology.
LedgerDomain’s innovation addresses a critical need in sectors such as pharmaceuticals, where regulatory compliance and timely response to anomalies are paramount. By combining the secure, immutable nature of blockchain with the predictive capabilities of machine learning, this system offers a robust solution for monitoring and managing complex compliance requirements.
This advancement represents a significant step forward in the application of AI and blockchain technologies, providing industries with a powerful tool to enhance operational efficiency and regulatory adherence.