Systems And Methods For Establishing And Enforcing Transaction-based Restrictions Using Hybrid Public-private Blockchain Ledgers

  • Published: Feb 16, 2017
  • Earliest Priority: Aug 13 2015
  • Family: 32
  • Cited Works: 0
  • Cited by: 12
  • Cites: 0
  • Additional Info: Full text
Abstract

The disclosed embodiments include computerized systems and methods that generate secured blockchain-based ledger structures that facilitate event-based control of tracked assets. In one embodiment, an apparatus associated with a rules authority of the secured blockchain-based ledger may obtain data indicative of an initiated transfer of funds between parties, and may access and decrypt a set of restrictions imposed on the initiated transfer and a set of rules associated with the restrictions, which may hashed into the secured blockchain-based ledger using a confidentially-held master cryptographic key. The apparatus may determine that the initiated transfer violates at least one of the restrictions, and may perform operations consistent with at least one of the rules associated with the at least one violated restriction.


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Document History
  • Publication: Feb 16, 2017
  • Application: Nov 9, 2015
    US US 201514935799 A
  • Priority: Nov 9, 2015
    US US 201514935799 A
  • Priority: Aug 13, 2015
    US US 201562204768 P

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