System and method for blockchain based document processing

A method comprising:

• receiving an instruction into a processor;
• storing, in a memory, a blockchain ledger, the blockchain ledger including a plurality of time stamped blocks, each block including currency data associated with a digital currency value;
• generating a block corresponding to a received instruction, a preexisting currency value associated with the received instruction and contract data corresponding to a smart contract associated with the received instruction;
• updating the blockchain ledger with the generated block;
• sharing an updated blockchain ledger with a plurality of networked data devices via a network interface;
• receiving verification of the updated blockchain ledger from the plurality of networked data devices via the network interface;
• and
• executing the smart contract upon receipt of verification.

A system comprising:

• a plurality of networked multifunction peripherals;
• and
• a blockchain ledger shared among the multifunction peripherals via associated network interfaces, the blockchain ledger comprised of a plurality of time stamped blocks, each block including currency data corresponding to a digital currency value,
• wherein a first multifunction peripheral of the plurality of multifunction peripherals includes a processor configured to
• receive an instruction,
• generate a block corresponding to a received instruction, a preexisting currency value associated with the received instruction and contract data corresponding to a smart contract associated with the received instruction,
• communicate data corresponding to a generated block to two or more of the networked multifunction peripherals,
• receive a consensus response from the two or more networked multifunction peripherals,
• update the blockchain ledger with the generated block when the consensus response indicates acceptability of the generated block, and
• share the updated blockchain ledger with the plurality of networked multifunction peripherals via the network interface;
• and
• wherein at least one networked multifunction peripheral is configured to execute the smart contract when the consensus response indicates acceptability of the generated block.