ALEXANDRIA, Va., June 17 -- United States Patent no. 12,314,849, issued on May 27, was assigned to Oracle International Corp. (Redwood Shores, Calif.).
"Smart production system" was invented by Johnson Manuel-Devadoss (Redwood Shores, Calif.).
According to the abstract* released by the U.S. Patent & Trademark Office: "Embodiments couple a corresponding IoT gateway to each IoT device, each IoT gateway monitoring for operation events of a smart contract of a distributed ledger, each IoT device and IoT gateway coupled to the distributed ledger. In response to a client initiating an operation of a first IoT device, embodiments generate a corresponding event by the smart contract and transmit an authorization request to an authorization system...