Settlement of securities trades using append only ledgers

A computer system:

• the computer system including a communication module configured to communicate with nodes in a distributed computing network, each node storing a copy of a distributed, append-only ledger;
• and
• the computer system including a storage module configured to store account information of a first trader and a second trader, wherein the account information includes cryptographic public keys associated with the first and second trader, the storage module further storing instructions that cause a processor to:
• receive plurality of trade reports comprising a trade report including a first clearing instruction from the first trader and a second clearing instruction from the second trader,
• match the first and second clearing instructions by verifying a cryptographic signature of the first and second clearing instructions;
• generate a plurality of data blocks comprising a data block including the trade report by:
• spawning a worker process configured to process the trade report, and a supervisor program configured to allocate the plurality of trade reports to the worker process, wherein each blockchain data block of the plurality of blockchain data blocks contains a cryptographic hash;
• creating a Merkel Root from the cryptographic hash contained by each blockchain data block of the plurality of blockchain data blocks;
• spawning a number of worker processes sufficient to process the plurality of trade reports based on a rate that the trade reports are generated at;
• spreading out, by the program, the plurality of trade reports to the number of worker processes in parallel;
• and
• transmit the plurality of data blocks to a network node of a distributed computing system storing one or more distributed, append-only ledgers.

A method comprising:

• storing account information of a first trader and a second trader, wherein the account information includes cryptographic public keys associated with the first and second trader:
• receiving a plurality of trade reports comprising a trade report including a first clearing instruction from the first trader and a second clearing instruction from the second trader, wherein the first and second clearing instructions are validated by verifying a cryptographic signature of the first and second clearing instructions;
• generating a plurality of blockchain data blocks comprising a blockchain data block including the trade report by:
• spawning a worker process configured to process the trade report, and a supervisor program configured to allocate the plurality of trade reports to the worker process, wherein each blockchain data block of the plurality of blockchain data blocks contains a cryptographic hash;
• creating a Merkel Root from the cryptographic hash contained by each blockchain data block of the plurality of blockchain data blocks;
• spawning a number of worker processes sufficient to process the plurality of trade reports based on a rate that the trade reports are generated at;
• spreading out, by the supervisor program, the plurality of trade reports to the number of worker processes in parallel;
• and
• transmitting the plurality of blockchain data blocks for storage in a network node of a distributed computing system storing one or more distributed, append-only ledgers.

A method comprising:

• obtaining a cryptographic public key associated with a first trader, a cryptographic public key associated with a second trader, a plurality of trade reports comprising a trade report including a first instruction from the first trader and a second instruction from the second trader, wherein the first and second instructions are validated by verifying a cryptographic signature of the first and second instructions;
• generating a plurality of data blocks comprising a data block including the trade report by:
• spawning a worker process configured to process the trade report, and a supervisor program configured to allocate the plurality of trade reports to the worker process, wherein each blockchain data block of the plurality of blockchain data blocks contains a cryptographic hash;
• creating a Merkel Root from the cryptographic hash contained by each blockchain data block of the plurality of blockchain data blocks;
• spawning a number of worker processes sufficient to process the plurality of trade reports based on a rate that the trade reports are generated at;
• spreading out, by the supervisor program, the plurality of trade reports to the number of worker processes in parallel;
• and
• appending the plurality of data blocks to an append-only ledger.