SYSTEMS AND METHODS FOR GENERATING, UPLOADING, AND EXECUTING CODES BLOCKS WITHIN DISTRIBUTED NETWORK NODES

There is provided a method comprising:receiving, by an application server, a text-based contract;parsing (302), by the application server, the text-based contract;determining, by the application server, whether the text-based contract contains a predetermined word, a phrase, a sentence, or a paragra...

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Bibliographische Detailangaben
Hauptverfasser: HANNAWAY, Wayne, SMITH, Zabrina, CZUPEK, Andrew, MONKS, Andrew, STEVENS, Anthony, DAS, Arijit, PRICE, Christopher, CHAPMAN, Justin
Format: Patent
Sprache:eng ; fre ; ger
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Zusammenfassung:There is provided a method comprising:receiving, by an application server, a text-based contract;parsing (302), by the application server, the text-based contract;determining, by the application server, whether the text-based contract contains a predetermined word, a phrase, a sentence, or a paragraph;retrieving, by the application server, a component that matches the predetermined word, the phrase, the sentence, or the paragraph from a contract library stored in a database;generating (303), by the application server, a smart contract based on the component that matches the predetermined word, the phrase, the sentence, or the paragraph, wherein the smart contract includes a code that can be executed by a computing device; anddeploying (304), by the application server, the smart contract as a code block in a private blockchain.