Blockchain-implemented Method And System

  • Published: Feb 1, 2018
  • Earliest Priority: Jul 29 2016
  • Family: 6
  • Cited Works: 1
  • Cited by: 0
  • Cites: 1
  • Additional Info: Cited Works Full text

The invention provide a blockchain-implemented control method and corresponding system(s). The invention may be arranged to control access to and/or use of an internet-enabled resource such as for example an IoT device. The resource may be a device or system. It may, for example, be a vehicle such as a driverless taxi or car. The vehicle may be provided with computing capabilities to enable it to communicate with other computer-based resources and/or interact with a distributed ledger. This distributed ledger may be a blockchain, such as, for example, the Bitcoin blockchain. In one embodiment, the invention provides a method for controlling the use of an internet-enabled resource comprising the steps of: providing a first blockchain transaction comprising at least one output which is redeemable only by provision of at least: i) a secret value selected by a user; and ii) a signature associated with a resource provider; sending use-related information to the resource; generating a second blockchain transaction requesting at least the secret value; and modifying the second blockchain transaction to include the secret value.

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Document History
  • Publication: Feb 1, 2018
  • Application: Jul 21, 2017
    WO IB 2017054430 W
  • Priority: Jul 29, 2016
    GB GB 201613176 A

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