R3 Ltd.

Google Inc.

Rs Ltd.

Michael Christopher Hearn

Qurratul Ain Shams Asari

Richard Gendal Brown

James William George Carlyle

Andrew M Archer

Jessica Nicola Staddon

Madhukar N Thakur

Konstantinos Chalkias

Daniel Margolis

Richard John Parker

Aleksandr Mistratov

Andrius Dagys

Shreyas Doshi

Honghai Shen

Javier Kohen

Madukar Narayan Thakur

A method and system are provided to support a decentralized distributed ledger in which transactions are recorded by parties to the transactions without the use of a blockchain. A distributed ledger system provides a protocol framework that supports the development of protocol flows. A protocol flow is computer code that controls the performance of a transaction by the party or parties to the transaction. Protocol flows can be developed for different types of transactions. The distributed ledger system allows transactions to be proposed, accepted, and notarized by a notary and stored without the use of a blockchain ledger. The distributed ledger system can avoid the expense of the computational and storage resources needed to redundantly verify a transaction and store evidence on the many nodes of a blockchain distributed ledger.

Protocol flow for notarizing a transaction

A system for generating a hash tree with components grouped by component type is provided. Each non-leaf node of the hash tree has a hash of the hashes of its child nodes, and a leaf node has a hash of a component of the hash tree. The system generates, for each component type, a component subtree for that component type based on the leaf nodes that have hashes of the components of that component type. The system then generates a root subtree of the hash tree based on leaf nodes that are the root nodes of the component subtrees. The combination of the root subtree and the component subtrees form the hash tree.

Hash subtrees for grouping components by component type

Protocol framework for supporting protocol flows

System and methods for managing dynamic electronic documents on a private distributed ledger comprise establishing a dynamic electronic document comprising a first state object, wherein the state object references a prior approved first transaction; proposing a second transaction comprising as an input the first state object and as an output a transaction command to alter the state object as well as what parameters are required to validate the second transaction; validating the proposed second transaction; and updating the state object on a private distributed ledger to reference the second transaction.

System and method for managing transactions in dynamic digital documents

Deterministic java virtual machine

Protocol flow for proposing a transaction

A system for ensuring privacy of transactions is provided. The system may be performed by a computing system during execution of trusted code within a secure enclave of the computing system. The system receives an indication of a transaction. The system validates the transaction. The system encrypts the validated transaction using an encryption key of the trusted code. The system requests untrusted code of the computing system to store the encrypted validated transaction in a portion of a data store. The untrusted code cannot decrypt the encrypted validated transaction that is stored in the data store. Rather, only the trusted code can decrypt the encrypted validated transaction.

Sealed distributed ledger system

Composite keys for authorization policies

Growing community of inventors

Zurich, Switzerland

Michael Christopher Hearn