Blockchain implemented counting system and method for use in secure voting and distribution
AssigneenChain Licensing AG
InventorsCraig Steven Wright, Stephane Savanah
Life of this patent
Estimating the term…
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AssigneenChain Licensing AG
InventorsCraig Steven Wright, Stephane Savanah
Estimating the term…
An event detecting, monitoring and/or counting mechanism is disclosed. The event may be, for example, a vote, decision or selection which is made by a given entity. A counting solution is provided in which a computing resource, running simultaneously and in parallel to a blockchain, manages a loop-based operation. The computing resource continuously monitors the state of the blockchain as well as any other off-blockchain input data or source. The execution of the loop is influenced by the state of the blockchain. Each iteration of the loop that is executed by the computing resource is recorded in a transaction that is written to the blockchain. It is stored as a hash within the transaction's metadata. If the computing resource finds a transaction which contains a hash relating to the loop it accesses the relevant portion of code.
A computer implemented method performed by a computing resource in parallel with a blockchain-related platform, the method comprising the steps:
A computer-based system comprising:
Dependencies are inferred from the claim text.