TAAL Technology SEZC, the operating subsidiary of TAAL Distributed Information Technologies Inc., has filed a patent for a “blockchain computing device” that would extend the capabilities of such hardware beyond just transaction processing. The process the company has invented would see blockchain computing devices used in artificial intelligence (AI) research beneficial to medicine, finance, and other scientific applications.
In an announcement, TAAL said the patent application was an important step in realizing its strategic vision. This includes the efficient use of various blockchain infrastructure technologies by leveraging their power to perform useful tasks other than generating blocks and confirming transactions.
Method and device to solve today’s problems and much more
The patent application includes both a method and device for generating high-quality random numbers. This method, the company said, would produce an improved environment and a better overall environment for researchers who rely on advanced computer simulations.
The most in-demand applications would include financial computer simulations and medical tracking and research—both of which are vital amid 2020’s multiple “black swan” events such as the COVID19 pandemic and economic chaos resulting from governments’ self-isolation orders, which have disrupted markets and prevented millions of people from performing their jobs.
There’s a demand for ever-more complex simulations and AI research to produce more advanced computer simulations to produce better scientific results. This requires constant advancement in both hardware and software.
Random nature vs. programmed computers
High-quality random numbers are more difficult for computer systems to generate than many would realize—and complete randomness impossible in theory. The problem is that computers follow processes and set instructions, whereas true randomness would by definition need to be unpredictable. A random number generator based on a programmed algorithm would produce recognizable patterns in strings over time (if the system analyzing the string is sophisticated enough).
Random numbers are an essential part of cryptography, and therefore Bitcoin and other blockchain systems. Generating them by algorithm has improved over the years, and is (so far) good enough for common purposes like gaming and digital assets. More advanced computer modeling scenarios require improved environmental and random inputs to create simulations that better reflect situations that occur naturally.
In the past, TAAL said, generating significant streams of high quality random numbers has been “an expensive and cumbersome process.” Its latest patent applications aim to address these problems and provide the company with additional services it can offer.
TAAL is expanding the range of computational services it offers in its data centers. It also wants to demonstrate that Bitcoin BSV (and only BSV) can provide value-added functionality far beyond asset and transaction records, or financial payments.
New CEO Jerry Chan has stated the company’s aim to take TAAL much further than simple “Bitcoin mining” (now called transaction processing). This will also change public perception of what these data centers actually do, and prove their value to scientific and other research.
New United Kingdom National Patent Application
TAAL Technology SEZC
Applicant: TAAL Technology SEZC
Application No: 2004684.3
Filing Date: 31 March 2020
Formal Title: Method and Device for Generating Random Numbers
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