Self regulating transaction system and methods therefor

A system comprising:

• a first data processing device system communicatively connected to a communications network;
• a first processor-accessible memory device system communicatively connected to the first data processing device system;
• and
• a first input-output device system communicatively connected to the first data processing device system and the communications network,
• wherein the first processor-accessible memory device system stores (a) a first portion of an entire transaction ledger, and (b) a link to at least a second portion of the entire transaction ledger, the link indicating storage of the at least the second portion of the entire transaction ledger by a second data processing device system communicatively connected to the communications network,
• wherein the first data processing device system is configured, via a first program stored in the first processor-accessible memory device system, to:
• generate a transaction information block,
• store the generated transaction information block in the first processor-accessible memory device system as an update to the first portion of the entire transaction ledger, and
• transmit the generated transaction information block to another data processing device system over the communications network via the first input-output device system.

A method executed by a first data processing device system communicatively connected to a communications network, the first data processing device system communicatively connected to a first processor-accessible memory device system and a first input-output device system, the first input-output device system communicatively connected to the communications network, and the method comprising:

• storing, executed by the first data processing device system and via the first processor-accessible memory device system, (a) a first portion of an entire transaction ledger, and (b) a link to at least a second portion of the entire transaction ledger, the link indicating storage of the at least the second portion of the entire transaction ledger by a second data processing device system communicatively connected to the communications network;
• generating, executed by the first data processing device system, a transaction information block;
• storing, executed by the first data processing device system and via the first processor-accessible memory device system, the generated transaction information block as an update to the first portion of the entire transaction ledger;
• and
• transmitting, executed by the first data processing device system and via the first input-output device system, the generated transaction information block to another data processing device system over the communications network.

One or more non-transitory computer-readable storage mediums storing a program executable by one or more data processing devices of a first data processing device system communicatively connected to a first input-output device system and a communications network, the program comprising:

• first storage instructions configured to cause the first data processing device system to store, via one or more computer-readable storage mediums, (a) a first portion of an entire transaction ledger, and (b) a link to at least a second portion of the entire transaction ledger, the link indicating storage of the at least the second portion of the entire transaction ledger by a second data processing device system communicatively connected to the communications network;
• generation instructions configured to cause the first data processing device system to generate a transaction information block;
• second storage instructions configured to cause the first data processing device system to store, via one or more computer-readable storage mediums, the generated transaction information block as an update to the first portion of the entire transaction ledger;
• and
• transmission instructions configured to cause the first data processing device system to transmit, via the first input-output device system, the generated transaction information block to another data processing device system over the communications network.