Blockchain transactional identity verification

One or more non-transitory computer-readable media storing computer-executable instructions that, when executed by a processor, perform a method of strengthening an identity for a consumer over time, comprising:

• conducting, by a first institution, a first transaction with the consumer;
• using an identity permission to access an identity element associated with the consumer to retrieve an identity point for the consumer on an identity block,
• wherein the identity block comprises a plurality of identity elements combined in various security levels based on identity types of associated identity elements,
• wherein the identity point comprises a technique for verifying an externally stored identity document;
• wherein the identity permission comprises a first permission key,
• wherein the first permission key corresponds to a security level of the various security levels allowing access to the identity point and a uniform resource locator (URL) pointing to the externally stored identity document,
• wherein the externally stored identity document is stored externally based on a volume of data of the externally stored identity document;
• verifying the identity of the consumer based at least in part on the identity point for the consumer and the externally stored identity document;
• appending a transaction block to a blockchain associated with the consumer,
• wherein the transaction block is distinct from the identity block,
• wherein the transaction block includes a plurality of details associated with the first transaction,
• wherein each detail of the plurality of details corresponds to a security tier level of two or more security tier levels associated with the consumer;
• receiving, by a second institution, a request to conduct a second transaction with the consumer;
• granting, by the consumer and to the second institution, a transaction permission to access a portion of the transaction block,
• wherein the transaction permission comprises a second permission key distinct from the first permission key,
• wherein the second permission key corresponds to a permission security tier level of the two or more security tier levels,
• wherein the portion of the transaction block includes each detail of the plurality of details which have a transaction security tier level corresponding to the permission security tier level;
• allowing the second transaction based on the portion of the transaction block and the identity of the consumer being verified;
• and
• strengthening the identity of the consumer based on the second transaction being allowed.

One or more non-transitory computer-readable media storing computer-executable instructions that, when executed by a processor, access a plurality of blocks, the plurality of blocks comprising:

• an identity block for a consumer,
• wherein the identity block is writable only by a trusted third party,
• wherein the identity block is readable only by the consumer and parties authorized by the consumer, and
• wherein the identity block stores a plurality of identity points for the consumer and at least one uniform resource locator (URL), wherein an identity point corresponds to an identity tier and the URL points to an externally stored document,
• wherein each identity tier comprises a security level based on an identity type of the identity point;
• wherein the identity point can only be accessed by an identity permission key corresponding to the identity tier of the identity point and the URL, and
• wherein the identity point of the plurality of identity points comprises a technique for verifying the externally stored document,
• wherein the externally stored document is stored externally based on a volume of data of the externally stored document and is accessible by the URL;
• a transaction block for the consumer,
• wherein the transaction block is readable only by the consumer and one or more parties authorized by the consumer,
• wherein the transaction block is storing information related to a plurality of transactions to which the consumer was a party,
• wherein each transaction of the plurality of transactions comprises a plurality of transaction details,
• wherein each transaction detail of the plurality of transaction details corresponds to a transaction tier,
• wherein each transaction detail can only be accessed by a transaction permission key corresponding to the transaction tier of each transaction detail;
• wherein the transaction permission key is provided by the consumer;
• and
• a permissions block for the consumer,
• wherein the permissions block is writable only by the consumer, and
• wherein the permissions block is storing permissions for third parties to access the identity block for the consumer and the transaction block for the consumer,
• wherein the identity block, the transaction block, and the permissions block are distinct blocks.