Blockchain-implemented method and system
AssigneenChain Holdings Limited
InventorsGavin Allen, Craig Steven Wright
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AssigneenChain Holdings Limited
InventorsGavin Allen, Craig Steven Wright
Estimating the term…
This invention relates generally to distributed ledger technology (including blockchain related technologies), and in particular the use of a blockchain in implementing, controlling and/or automating a task or process. It may relate to the use of a blockchain or related technology for recording or representing the execution of a portion of logic. This portion of logic may be arranged to implement the functionality of a logic gate, or plurality of logic gates, such as AND, XOR, NOT, OR etc.. An embodiment of the invention may comprise the steps of: providing a blockchain Transaction comprising a redeem script for an output, wherein the redeem script comprises: i) a plurality of input parameters, wherein each input parameter is uniquely associated with a potential state of at least one data source supplied to an unlocking script of a further transaction arranged to spend the output; and wherein one of the input parameters which is a target output parameter; ii) logic arranged to provide a result based on: A) a calculation performed on the input
A computer-implemented control method comprising the steps:
Dependencies are inferred from the claim text.