Techniques For Expediting Processing Of Blockchain Transactions

A method of expediting blockchain transaction processing, the method comprising:

• receiving, by a transaction processing platform, a transaction request initiated by an endpoint system,
• wherein the transaction request identifies a blockchain transaction including one or more transaction participants;
• performing a risk assessment to determine a risk associated with expediting processing of the blockchain transaction;
• determining, based on an output of a risk assessment, if the blockchain transaction can be expedited by the transaction processing platform;
• and
• when the blockchain transaction can be expedited by the transaction processing platform and prior to receiving a notification initiated by a distributed blockchain consensus network that the blockchain transaction is confirmed, processing the blockchain transaction using information or attributes obtained from a shadow copy of a distributed ledger of the blockchain.

One or more non-transitory computer readable storage media storing program instructions including one or more components of a blockchain transaction service, wherein the program instructions, when executed by one or more processing systems of a transaction processing platform, direct the one or more processing systems to at least:

• determine, based on an output of a risk assessment, if a blockchain transaction initiated by an endpoint system can be expedited by the transaction processing platform;
• send the transaction request for broadcasting to a distributed blockchain consensus network;
• and
• when the blockchain transaction can be expedited by the transaction processing platform and prior to receiving a notification initiated by a distributed blockchain consensus network that the blockchain transaction is confirmed, process the blockchain transaction using information or attributes obtained from a shadow copy of a distributed ledger.