PRIVACY PRESERVING TRANSACTION SYSTEM

An example operation may include one or more of connecting, by a consortium server, to a blockchain network configured to store digital assets of senders and recipients of funds, receiving from a sender, by the consortium server, a message containing a payment note value and a recipient data, the me...

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Hauptverfasser: Deshpande, Pralhad Dinesh, Govindarajan, Chander
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creator Deshpande, Pralhad Dinesh
Govindarajan, Chander
description An example operation may include one or more of connecting, by a consortium server, to a blockchain network configured to store digital assets of senders and recipients of funds, receiving from a sender, by the consortium server, a message containing a payment note value and a recipient data, the message is serially encrypted by a plurality of routers, retrieving, by the consortium server, the payment note value from an account of the sender, generating, by the consortium server, a transaction for a transfer of an unspent transaction output of the sender (UTXOs) to an unspent transaction output of the recipient (UTXOr) based on the message, signing, by the consortium server, the transaction with a private key of the consortium server, and submitting, by the consortium server, the transaction to the blockchain.
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language eng
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subjects CALCULATING
COMPUTING
COUNTING
DATA PROCESSING SYSTEMS OR METHODS, SPECIALLY ADAPTED FORADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORYOR FORECASTING PURPOSES
ELECTRIC COMMUNICATION TECHNIQUE
ELECTRICITY
PHYSICS
SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE,COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORY OR FORECASTINGPURPOSES, NOT OTHERWISE PROVIDED FOR
TRANSMISSION OF DIGITAL INFORMATION, e.g. TELEGRAPHICCOMMUNICATION
title PRIVACY PRESERVING TRANSACTION SYSTEM
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