Systems and methods of implementing blockchain technology for substantiating electronic assets

A system for substantiating electronic assets managed by a blockchain network, the system comprising a hardware processor configured to:

• generate a genesis block in a blockchain;
• create two nodes communicatively linked in a blockchain network, wherein at least one of the two nodes generates a block, linked to the genesis block, that generates a maximum possible amount of electronic assets that a memory cell of the at least one of the two nodes is capable to store;
• transfer all of the generated electronic assets to a pre-issuance storage device;
• copying the blockchain into a settlement blockchain network that operates in at least one data center;
• cease further generation of the electronic assets by terminating the two nodes, wherein termination deletes keys used to generate the electronic assets;
• identify a portion of the electronic assets that is substantiated by tangible assets contained in a reserve;
• transfer the substantiated portion of the electronic assets from the pre-issuance storage device to an issuance storage device, wherein the substantiated portion of the electronic assets in the issuance storage device is accessible to client devices for ordering;
• track on the blockchain, via the settlement blockchain network, orders made by the client devices in relation to the substantiated portion of the electronic assets;
• and
• in response to detecting an order that exceeds the substantiated portion of the electronic assets in the issuance storage device:
• suspend execution of the detected order;
• and
• when additional tangible assets are added to the reserve, transfer additional electronic assets to the issuance storage device to enable the order.

A non-transitory computer-readable medium storing computer-executable instructions for substantiating electronic assets managed by a blockchain network, by an issuance center executable by a computer processor, including instructions for:

• generating a genesis block in a blockchain;
• creating two nodes communicatively linked in a blockchain network, wherein at least one of the two nodes generates a block, linked to the genesis block, that generates a maximum possible amount of electronic assets that a memory cell of the at least one of the two nodes is capable to store;
• transferring all of the generated electronic assets to a pre-issuance storage device;
• copying the blockchain into a settlement blockchain network that operates in at least one data center;
• ceasing further generation of the electronic assets by terminating the two nodes, wherein termination deletes keys used to generate the electronic assets;
• identifying a portion of the electronic assets that is substantiated by tangible assets contained in a reserve;
• transferring the substantiated portion of the electronic assets from the pre-issuance storage device to an issuance storage device, wherein the substantiated portion of the electronic assets in the issuance storage device is accessible to client devices for ordering;
• tracking on the blockchain, via the settlement blockchain network, orders made by the client devices in relation to the substantiated portion of the electronic assets;
• and
• in response to detecting an order that exceeds the substantiated portion of the electronic assets in the issuance storage device:
• suspending execution of the detected order;
• and
• when additional tangible assets are added to the reserve, transferring additional electronic assets to the issuance storage device to enable the order.