System and method for implementing hybrid public-private block-chain ledgers

A computer-implemented method, comprising:

• detecting, using at least one processor, an occurrence of an event involving an asset tracked within a distributed storage ledger;
• using the at least one processor, obtaining encrypted trigger-event data from at least one block of the distributed storage ledger and decrypting the encrypted trigger-event data using a private cryptographic key associated with an owner of the tracked asset;
• when the detected event corresponds to at least one triggering event identified within the decrypted trigger-event data, obtaining, using the at least one processor, encrypted rules data identifying one or more rules from the at least one block of the distributed storage ledger, the one or more rules being established by a centralized authority associated with the tracked asset;
• decrypting, using the at least one processor, the encrypted rules data using a master cryptographic key associated with the centralized authority;
• based on the decrypted rules data, identifying, using the at least one processor, at least one of the one or more rules that exhibits a causal relationship with the detected event;
• and
• performing, using the at least one processor, first operations consistent with the at least one identified rule, the first operations involving the tracked asset.

A tangible, non-transitory computer-readable medium storing instructions that, when executed by at least one processor, perform a method comprising:

• detecting, using at least one processor, an occurrence of an event involving an asset tracked within a distributed storage ledger;
• obtaining encrypted trigger-event data from at least one block of the distributed storage ledger and decrypting the encrypted trigger-event data using a private cryptographic key associated with an owner of the tracked asset;
• when the detected event corresponds to at least one triggering event identified within the decrypted trigger-event data, obtaining encrypted rules data identifying one or more rules from the at least one block of the distributed storage ledger, the one or more rules being established by a centralized authority associated with the tracked asset;
• decrypting the encrypted rules data using a master cryptographic key associated with the centralized authority;
• based on the decrypted rules data, identifying at least one of the one or more rules that exhibits a causal relationship with the detected event;
• and
• performing first operations consistent with the at least one identified rule, the first operations involving the tracked asset.