Examiner Abstract This innovation in network systems uses a new Blockchain Binary protocol at its core, encased in a shield of enhanced security. The core is where the members/ users/ clients/ customers are located, and makes up the Blockchain. Each user is a block (i.e. is represented by a block) in the chain. The chain is able to scale exponentially in size and capacity. The encasing security shield is where external entities (i.e. product and service providers and other entities who typically interact with users in a marketplace) plug into. The encasing shield is also Blockchain enabled. The binary protocol is the space between these two Blockchains and is where all the interactions take place between the external entities and the members/users.

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Document History
  • Publication: Sep 22, 2016
  • Application: Jul 20, 2016
    AU AU 2016/101183 A
  • Priority: Jul 20, 2016
    AU AU 2016/101183 A

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