Ebay, Incorporated

Sachin Tilloo

Sergio Pinzon Gonzales, Jr

Ethan Benjamin Rubinson

Seyed-Mahdi Pedramrazi

Vidit Aggarwal

David John Kamalsky

Technologies are shown for controlling a transaction on a blockchain. A first block is created on a blockchain for a transaction involving a seller entity associated with a first key, a buyer entity associated with a second key, and an intermediary entity associated with a third key. Funds for the transaction are associated with the first block. A second block storing refund code is created and linked to the first block. The refund code is executable to refund the funds when a seller digital signature using the first key and/or an intermediary digital signature using the third key are received. A third block storing payment code is created and linked to the first block. The payment code is executable to transfer the funds when a buyer digital signature using the second key and/or an intermediary digital signature using the third key are received.

Secure control of transactions using blockchain

Technologies are shown for controlling a transaction on a digitally stored blockchain by creating a contract data block for a transaction involving entities and by event code executed after receipt of digital signatures from the entities. A refund transaction may be digitally signed by entities and linked to the contract block within the blockchain. A payment transaction block may also be digitally signed by entities and linked to the contract block. Code authorized to execute by the blocks executes based on receipt of digital signature events.

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Fremont, CA, United States of America

Sachin Tilloo