Method And System For Offline Blockchain Exchanges

  • Published: Aug 17, 2017
  • Earliest Priority: Feb 11 2016
  • Family: 4
  • Cited Works: 3
  • Cited by: 0
  • Cites: 4
  • Additional Info: Cited Works Full text

A method for conducting an offline data exchange associated with a blockchain includes: storing a structured data set associated with a blockchain network, the data set including a network identifier, unspent output hash, output index, output value, and key pair; receiving the network identifier and a transaction amount from a point of sale; validating the structured data set as including the network identifier and an output value greater than or equal to the transaction amount; transmitting the unspent output hash and output index to the point of sale; receiving a destination address from the point of sale; generating transaction data including the destination address and a payment amount based on the transaction amount; and transmitting the transaction data to the point of sale.

Download PDF
Document Preview
Document History
  • Publication: Aug 17, 2017
  • Application: Jan 11, 2017
    WO US 2017/0012900 W
  • Priority: Feb 11, 2016
    US US 201615041519 A

Download Citation

Sign in to the Lens