SYSTEM AND METHOD FOR CRYPTOGRAPHICALLY VERIFIED DATA DRIVEN CONTRACTS

A system and method are disclosed that methodologies concerning cryptographically verified blockchain-based contract data inputs and off-chain side-effects. The system and method provide a deterministic and cryptographically verifiable chain of transactions, recorded on a blockchain (distributed led...

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Bibliographische Detailangaben
Hauptverfasser: Dunlevy Tim, Tanner, JR. Theodore C
Format: Patent
Sprache:eng
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Beschreibung
Zusammenfassung:A system and method are disclosed that methodologies concerning cryptographically verified blockchain-based contract data inputs and off-chain side-effects. The system and method provide a deterministic and cryptographically verifiable chain of transactions, recorded on a blockchain (distributed ledger) system. This system provides an irrefutable public accounting of the transactions involved in incorporating on-chain contract execution with off-chain data and side-effects (resource actions).