The cloud computing company Red Hat wants to tap into blockchain for a system to track software usage, according to a recent patent filing.

The way Red Hat sees it, new marketing models for selling software on a cloud platform require new methods of tracking usage, and a blockchain may be able to efficiently store this information, Coindesk reports. The filing outlines how blockchain would track transactions across a given platform where each transaction represents an instance of a customer using the company’s products. Read more here.

ThirtyK Staff
If you would like to contact the ThirtyK News Brief team, please email us at contact@thirtyk.com.