System and method for decentralized regulation and hierarchical control of blockchain architecture

A system for regulation and hierarchical control of block chain architecture, the system comprising:

• a plurality of nodes participating in a block chain network comprising a plurality of block chains;
• and
• a controller for managing regulation of the plurality of block chains, the controller comprising at least one memory device with computer-readable program code stored thereon, at least one communication device connected to a network, and at least one processing device, wherein the at least one processing device is configured to execute the computer-readable program code to:
• assign at least one regulatory node to each of the plurality of block chains, wherein the at least one regulatory node regulates one or more of data, processes, and health of the plurality of block chains, and wherein each of the at least one regulatory node is in communication with a central regulatory authority;
• monitor and collect regulatory data from each of the plurality of block chains with the at least one regulatory node on each of the plurality of block chains;
• and
• transmit a report from each of the at least one regulatory node to the central regulatory authority.

A computer-implemented method for decentralized regulation of a block chain network of a plurality of block chains, the plurality of block chains comprising at least one regulated chain and a plurality of regulating chains, the method comprising:

• dynamically generating one or more regulatory hyperchains from the plurality of regulating chains wherein the one or more regulatory hyperchains collectively regulate one or more of data, processes, and health of the at least one regulated chain based on regulatory requirements of the at least one regulated chain;
• broadcasting at least a portion of regulatory data from the at least one regulated chain to the one or more regulatory hyperchains;
• collecting and analyzing the portion of regulatory data from the at least one regulated chain with the one or more regulatory hyperchains;
• based on analyzing the portion of regulatory data, determining a regulatory action for the at least one regulated chain;
• and
• triggering execution of the regulatory action on the at least one regulated chain.