Nchain Licensing Ag

Nchain Holdings Limited

Pedro Jimenez-Delgado

Craig Steven Wright

Computer-implemented systems and methods are detailed for establishing information on states of a machine-executable contract on a blockchain, for instance in the context of unspent transaction outputs (UTXOs) and the determination of states within deterministic finite automaton (DFA) implementations of contracts. The states are determined using agent public keys, each public key having metadata for information of interest associated with codes or tags. Each of the agents provides a respective public key into a multi-signature redeem script that generates a locking script, with a hash to which a scriptPubkey is designated. ScriptPubKey values of each script may be used to provide keys for use in constructing an external database and mapping the keys from the scriptPubKey values. Upon searching the blockchain, the database is used to determine if the information of interest is present in UTXOs. A match from the search indicates, in a definitive manner, the state.

Computer-implemented system and method for determining the state of a machine executable contract implemented using a blockchain

There may be provided a computer-implemented method. The computer-implemented method includes: i) broadcasting a transaction, by a node in a blockchain network, to a congress pool to join a congress formed of a group of nodes; ii) after the congress has accepted a request from a requester to activate a script, preparing, by the node, a blockchain transaction cryptographically locked with a public key associated with the congress; iii) cooperatively generating, by the node in cooperating with other nodes of the group, a valid cryptographic signature for the transaction to spend the transaction; iv) after the blockchain transaction has been unlocked, receiving data from the plurality of information providing systems; v) determining a centre point for the data received from the plurality of information providing systems; and vi) activating, by the node in cooperation with other nodes of the congress, the script based on the centre point.

Secure blockchain-based consensus

Systems and methods are disclosed for establishing information on a state of a machine-executable contract in the context of unspent transactions (UTXOs), blockchain and deterministic finite automaton implementation of contracts, and determination of states within those. Stages of a method include determining information of interest and codes or tags identifying that information, constructing metadata associated with those codes or tags, and combining the metadata with a public key for an agent associated with the information. ScriptPubKey values of each script are used to provide keys for constructing a database and mapping the keys from the scriptPubKey values, linked to the information. A derivation of script hash addresses from the scriptPubKey values is used to populate a digital wallet. A search and match algorithm is used to find UTXOs with matching script hash addresses on a blockchain. The database is populated with UTXOs that match the script hash addresses and keys to complete the combinations. A match indicates the state.

Computer-implemented systems and methods are detailed for establishing information on states of a machine executable contract, for instance in the context of unspent transactions (UTXOs), blockchain and deterministic finite automaton (DFA) implementation of contracts and the determination of states within those. The stages can include determining the information of interest and the codes or tags identifying that information, constructing the metadata associated with those codes or tags, combining that with a public key for an agent that will be associated with the information. The scriptPubKey values of each script may be used to provide the keys for use in constructing an external database and more specifically mapping the keys from the scriptPubKey values, linked to the information of interest. To obtain the other half of the combination, there is a derivation of the script hash addresses from the scriptPubKey values, with those being used to populate a digital wallet. A search and match algorithm is then used to find UTXO's with matching script hash addresses on the blockchain. These then populate the aforementioned database with UTXO's that match to the script hash addresses and hence to the keys to complete the combinations. A match indicates in a definitive manner the state.

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London, United Kingdom

Pedro Jimenez-Delgado