API AND DOMAIN SPECIFIC LANGUAGE FOR 1 TO MANY, STATE-BASED, GRANULAR, TERMS AND CONDITIONS ACCEPTANCE

Provided is a process that includes: determining whether to execute an asset based on records documenting requirements for the asset. A first one of the records published to a blockchain and implicating requirements published to the blockchain in at least one record, wherein determining whether reco...

Ausführliche Beschreibung

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Bibliographische Detailangaben
Hauptverfasser: Doherty, Brendan, Danielson, Debra
Format: Patent
Sprache:eng
Schlagworte:
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Beschreibung
Zusammenfassung:Provided is a process that includes: determining whether to execute an asset based on records documenting requirements for the asset. A first one of the records published to a blockchain and implicating requirements published to the blockchain in at least one record, wherein determining whether record holders agree to execute the asset comprises: accessing the first record, verifying the first record published to the blockchain has not been tampered with subsequent to publishing, and identifying requirements and criteria of the first record; accessing the second record and identifying requirements and values of the second record; and verifying each of the requirements and the criteria in the first record are satisfied by respective criteria and values specified in the second record. Agreement to execution of the asset is published to the blockchain upon determining the requirements and criteria of the first record are satisfied by the second record.