System and Methods for Resolving Data Discrepancies in a Distributed System with Blockchain Controls

A method for resolving data discrepancies in a distributed system, the method comprising:

• generating, via a central computing system in communication with a plurality of independently operated domains, a master cryptographically verifiable ledger represented by a sequence of blocks, each block containing one or more transactions records and each subsequent block containing a hash value associated with the previous block;
• receiving, via the central computing system, an event associated with at least one physical object;
• in response to receiving the event, generating, via the central computing system, at least one additional block containing one or more new events associated with the event, in the master cryptographically verifiable ledger;
• determining, via the central computing system, at least a first one of the plurality of the independently operated domains affected by the one or more new events included in the at least one additional block;
• transmitting, via the central computing system, a first alert to at least one independently operated domain affected by the one or more new events to notify at least one independently operated domain of the generation of the at least one additional block in the master cryptographically verifiable ledger;
• wherein the plurality of independently operated domains are each associated with a sub cryptographically verifiable ledger represented by a sequence of sub-blocks, and
• wherein the first independently operated domain is configured to receive the first alert, verify the event, and generate a at least one additional sub-block in a first sub cryptographically verifiable ledger associated with the first independently operated domain, the first sub-block containing the one or more events associated with the event and a hash value associated with the at least one additional block in the master cryptographically verifiable ledger.