System for enabling modification of data and endorsements of smart contracts within a distributed trust computing network

Abstract

Enabling modifications to smart contracts within a distributed trust computing network platform. Enablement of smart contract modifications is made possible by generating a smart contract and an associated hash value and storing such in an intermediate data block held within a staging area. The intermediate data block is held in the staging area until (i) all the parties accept the smart contract and (ii) the conditions are met and the smart contract self-executes. As long as the intermediate data block remains in the staging area, the data stored therein is subject to modification. Once the parties to the smart contract accept the smart contract (and/or modifications to the smart contact) and the conditions are met, such that the smart contact self-executes, the intermediate data block is synthesized/transformed into an immutable data block which is stored within a distributed ledger of the corresponding distributed trust computing network.