US Patent Issued to Red Hat on June 2 for "Managing service level agreements by a distributed ledger network" (British Inventor)

ALEXANDRIA, Va., June 2 -- United States Patent no. 12,647,335, issued on June 2, was assigned to Red Hat Inc. (Raleigh, N.C.).

"Managing service level agreements by a distributed ledger network" was invented by Bilgin Ismet Ibryam (London).

According to the abstract* released by the U.S. Patent & Trademark Office: "Terms of a SLA between a user device of a computing system and a service provider of the computing system are identified. The service provider is to provide a service to the user device in accordance with the terms of the SLA. The terms are translated into a sequence of instructions corresponding to a smart contract, where the smart contract is to provide the user device with a service credit based on an availability of a serv...