US 11,144,537 B2 · System for data consensus validation in an electronic distributed server network using a screening node

Abstract

A system provides for data consensus validation in an electronic distributed server network using a screening node. In particular, a distributed database may be hosted on nodes operated by one or more third party entities. The screening node may retrieve reference data, which may be submitted by one or more reference data providers, from the distributed database to generate executable scripts from the screening algorithms within the reference data. The scripts may in turn be validated by the nodes of the distributed database and subsequently embedded into the distributed database for execution by one or more computing systems within the network environment.

Claims20

Dependent claims

A system for data consensus validation in an electronic distributed server network, the system comprising:

a memory device with computer-readable program code stored thereon;
a communication device;
and
a processing device operatively coupled to the memory device and the communication device, wherein the processing device is configured to execute the computer-readable program code to:
detect that a proposed data record has been submitted to a distributed ledger, wherein the proposed data record comprises reference data;
validate the proposed data record using a consensus algorithm;
receive, from a user device, a request to process a resource transfer;
retrieve, from the distributed ledger, an executable script, wherein the executable script is generated by a screening node using a screening algorithm and the reference data;
execute the executable script to generate a search output;
and
process the resource transfer based on the search output.

8 more elements

A computer program product for data consensus validation in an electronic distributed server network, the computer program product comprising at least one non-transitory computer readable medium having computer-readable program code portions embodied therein, the computer-readable program code portions comprising executable code portions for:

detecting that a proposed data record has been submitted to a distributed ledger, wherein the proposed data record comprises reference data;
validating the proposed data record using a consensus algorithm;
receiving, from a user device, a request to process a resource transfer;
retrieving, from the distributed ledger, an executable script, wherein the executable script is generated by a screening node using a screening algorithm and the reference data;
executing the executable script to generate a search output;
and
processing the resource transfer based on the search output.

4 more elements

Dependencies are inferred from the claim text.

System for data consensus validation in an electronic distributed server network using a screening node

Life of this patent

System for data consensus validation in an electronic distributed server network using a screening node

Life of this patent

Abstract

Claims20