US Patent:
20190251527, Aug 15, 2019
Inventors:
Christopher Walter Surdak - Redlands CA, US
International Classification:
G06Q 20/06
G06Q 20/36
G06Q 20/40
G06Q 20/02
H04L 9/06
Abstract:
Provided is a computer implemented method of authorizing transactions in a blockchain network of participant systems including a first system that sends transaction data to a second system that generates a notary request including the transaction data, at least one notary system and at least one witness system. The method includes the notary system: accepting the notary request from the second system; transmitting the transaction data to the witness systems; determining a subset of responsive witness systems; determining that a required number of affirmative responses has been received from the responsive witness systems; generating a block based on the transaction data; and publishing the block to a ledger of the blockchain network.