Systems, methods, and devices for implementing a smart contract on a distributed ledger technology platform

Non-transitory computer-readable media including computer-executable instructions that, when executed by a first trustless decentralized networked node of a trustless decentralized networked system, cause the first trustless decentralized networked node to perform operations comprising:

• receiving a proposed corporate action from a first user, wherein the trustless decentralized networked system comprises:
• a plurality of trustless decentralized networked nodes including the first trustless decentralized networked node, wherein each of the plurality of trustless decentralized networked nodes comprises a local state database accessible to the respective trustless decentralized networked node;
• a distributed ledger technology platform operated by the plurality of trustless decentralized networked nodes, wherein the distributed ledger technology platform comprises:
• a distributed ledger for recording corporate actions, wherein the distributed ledger is accessible by each of the plurality of trustless decentralized networked nodes;
• and
• a smart contract accessible to each of the plurality of trustless decentralized networked nodes, wherein the smart contract comprises:
• one or more triggering events;
• and
• a plurality of predetermined electronic actions for generating a smart contract output when the one or more triggering events are met,
• wherein the first trustless decentralized networked node comprises a computer processor and an electronic storage medium;
• recording the proposed corporate action to the distributed ledger;
• determining that the proposed corporate action meets the one or more triggering events in the smart contract;
• upon determining that the proposed corporate action meets the one or more triggering events:
• generating a first smart contract output by automatically executing the plurality of predetermined electronic actions in the smart contract based at least in part on the proposed corporate action;
• and
• recording the first smart contract output to the local state database of the first trustless decentralized networked node.

A computing system comprising:

• a non-transitory computer readable storage medium having program instructions embodied therewith;
• and
• one or more processors configured to execute the program instructions to cause the computing system to:
• receive, by a first trustless decentralized networked node of a trustless decentralized networked system, a proposed corporate action from a first user, wherein the trustless decentralized networked system comprises:
• a plurality of trustless decentralized networked nodes including the first trustless decentralized networked node, wherein each of the plurality of trustless decentralized networked nodes comprises a local state database accessible to the respective trustless decentralized networked node;
• a distributed ledger technology platform operated by the plurality of trustless decentralized networked nodes, wherein the distributed ledger technology platform comprises:
• a distributed ledger for recording corporate actions, wherein the distributed ledger is accessible by each of the plurality of trustless decentralized networked nodes;
• and
• a smart contract accessible to each of the plurality of trustless decentralized networked nodes, wherein the smart contract comprises:
• one or more triggering events;
• and
• a plurality of predetermined electronic actions for generating a smart contract output when the one or more triggering events are met,
• wherein the first trustless decentralized networked node comprises a computer processor and an electronic storage medium;
• record the proposed corporate action to the distributed ledger;
• determine, by the first trustless decentralized networked node, that the proposed corporate action meets the one or more triggering events in the smart contract;
• upon determining that the proposed corporate action meets the one or more triggering events:
• generate, by the first trustless decentralized networked node, a first smart contract output by automatically executing the plurality of predetermined electronic actions in the smart contract based at least in part on the proposed corporate action;
• and
• record, by the first trustless decentralized networked node, the first smart contract output to the local state database of the first trustless decentralized networked node.