Systems and methods for building blockchains for verifying assets for smart contracts

A method of providing a blockchain representation of a real world asset, the method comprising:

• specifying a real world asset, corresponding to an item of value, in terms of an asset identifier and a plurality of asset characteristics associated with the item of value;
• digitally representing each of the plurality of asset characteristics, associated with the real world asset, as a corresponding block data structure referencing the asset identifier of the real world asset;
• verifying, by a verification node, at least one of the plurality of asset characteristics for a transaction in an old blockchain block of a blockchain based on the asset identifier;
• attesting, by the verification node, to an authenticity of the at least one of the plurality of asset characteristics, the attestation comprising:
• digitally signing, based on the verification of the at least one of the plurality of asset characteristics, a new blockchain block with a private key thereby encrypting the new blockchain block;
• and
• offering the new blockchain block for addition to the blockchain;
• staking, by the verification node, a verification node token corresponding to a tokenized reputational score against an accuracy of the new blockchain block added to the blockchain;
• receiving an updated tokenized reputational score based on the staked verification node token corresponding to the tokenized reputational score and a determined accuracy of the new blockchain block;
• confirming, by a mining node, a digital signature of one of the verification node on the new blockchain block, the confirmation comprising decrypting the new blockchain block by applying a public key;
• verifying, by the mining node, the at least one of the asset characteristics within the new blockchain block;
• and
• receiving, by the mining node, a reward for confirming the digital signature and verifying the at least one of the asset characteristics within the new blockchain block;
• adding the confirmed and verified new blockchain block to the blockchain from storage in a memory;
• providing the blockchain representation of the real world asset, as one or more authenticated encrypted data blocks, to facilitate a digital sale of the real world asset.