Microsoft Develops New Cryptocurrency Mining Technology

Mar 30, 2020 at 08:01 // News
Author
Coin Idol
Can ordinary human activity help in cryptocurrency mining?

Microsoft recently registered a patent for a technology that uses human activities for cryptocurrency mining. According to the document, the technology leverages our brain waves and body temperature needed to perform various online tasks.

In its patent, Microsoft said a user could be able to solve mining equations without even knowing. The patent was submitted to the World Intellectual Property Organization (WIPO).

The patent further clarifies that the brain impulses or body reflexes required when a user performs a task on the web while using particular internet-based services can be leveraged to mine cryptocurrencies.

Microsoft further noted that its proposed method could reduce the amount of energy required for mining and speed up the process. The patent says instead of solving difficult computing tasks on the existing mining system, data generated by body activities could provide proof-of-work. This means the user solves the complex mathematics involved in mining cryptocurrencies without even knowing.

Making the world a better place

It seems the global tech giant is striving to improve the way we live in this world. In connection with the difficult situation concerning coronavirus pandemic, Microsoft has concluded another partnership to at least try to solve this problem.

Coinidol.com, a world blockchain news outlet, has reported that the company joined forces with the World Health Organization to improve COVID-19 analytics using blockchain technology. 

Presently, coronavirus research goes relatively slowly due to a certain degree of inaccuracy present in analytics. If successful, the new platform would allow for improved and timely data analysis and distribution, which might potentially facilitate coronavirus research.

Microsoft is far from being the only company that is trying to improve the pandemic situation. Recently, CoreWeave mining company has donated all of its computing power to Stanford University to facilitate their project aimed at finding the cure and a vaccine from COVID-19.


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