Intellectual Property India Publishes Patent Application for 'A Computer Implemented Method And System For Secure Transaction Execution And Decentralized Governance In A Gig Economy Platform' Filed by Santushti Betgeri; Anusha Pai; Rashmi Ashtagi; Santushti Betgeri; Swati Jadhav; Ranjana Agrawal; Ruhi Patankar; and Pradnya V. Kulkarni

MUMBAI, India, Feb. 27 -- Intellectual Property India has published a patent application (202621002855 A) filed by Santushti Betgeri; Anusha Pai; Rashmi Ashtagi; Santushti Betgeri; Swati Jadhav; Ranjana Agrawal; Ruhi Patankar; and Pradnya V. Kulkarni, Pune, Maharashtra, on Jan. 10, for 'a computer implemented method and system for secure transaction execution and decentralized governance in a gig economy platform.'

Inventor(s) include Santushti Betgeri; Anusha Pai; Rashmi Ashtagi; Santushti Betgeri; Swati Jadhav; Ranjana Agrawal; Ruhi Patankar; and Pradnya V. Kulkarni.

The application for the patent was published on Feb. 27, under issue no. 09/2026.

According to the abstract released by the Intellectual Property India: "A computer-implemented method and system are disclosed for enabling secure transaction execution and decentralized governance in a gig economy platform. A client node creates a task request that is encoded as a smart contract and deployed to a distributed ledger network. A cryptographic escrow module locks digital assets associated with the task until predefined conditions are satisfied. A worker node accepts the task and submits output metadata, from which a timestamp-bound cryptographic proof is generated. A plurality of validator nodes independently verifies the proof and participate in a consensus process to determine task fulfillment status. Upon a positive consensus determination, the smart contract automatically releases escrowed compensation to the worker node; otherwise, refund or penalty logic is applied. A governance engine further administers dispute resolution through validator selection and reputation-weighted voting, with the resulting decision immutably recorded on the distributed ledger. The system improves transactional trust, reduces reliance on centralized intermediaries, and provides transparent, auditable enforcement of worker-centric governance policies, thereby enabling secure and autonomous operation of decentralized gig-economy ecosystem."

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