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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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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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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