International Game Technology had 12 patents in cybersecurity during Q4 2023. The patents filed by International Game Technology Plc in Q4 2023 focus on gaming systems and methods that involve digital ledger validation, player sports wagering profiles, interaction with electronic gaming machines, and license management for games. These innovations aim to enhance player experience, track player activity, and ensure compliance with wagering limits. GlobalData’s report on International Game Technology gives a 360-degreee view of the company including its patenting strategy. Buy the report here.
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International Game Technology grant share with cybersecurity as a theme is 50% in Q4 2023. Grant share is based on the ratio of number of grants to total number of patents.
Recent Patents
Application: Cryptocurrency mining progressive pools (Patent ID: US20230421401A1)
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The patent filed by International Game Technology Plc describes a gaming system and method that involves selecting a subset of gaming devices to operate in a digital ledger validation mode to validate data records in a digital ledger. The system allocates work units to each gaming device, tracks play activity, and selects a player to receive a reward based on their activity. The gaming machine includes components such as a display, user interface, communications interface, processor, and computer memory with instructions for validating transactions, tracking player activity, and distributing rewards based on successful validation.
The gaming machine operates in different modes including digital ledger validation, gaming, and attract modes. It uses a hashing algorithm to validate transaction data in the digital ledger, with options for proof-of-work, proof-of-stake, or a combined scheme. The system allows for tracking player activity, notifying players of cryptocurrency balances, receiving side wagers, and selecting players to receive rewards based on various factors. The gaming server selects a subset of machines to validate data records, allocates work units, and distributes rewards accordingly. Overall, the patent outlines a comprehensive system for validating transactions, tracking player activity, and rewarding players within a gaming environment.
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