Invention Grant
- Patent Title: Distributed, centrally authored block chain network
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Application No.: US16101277Application Date: 2018-08-10
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Publication No.: US10587419B2Publication Date: 2020-03-10
- Inventor: Sarthak Pattanaik , Vadim Pertsovskiy
- Applicant: The Bank of New York Mellon
- Applicant Address: US NY New York
- Assignee: The Bank of New York Mellon
- Current Assignee: The Bank of New York Mellon
- Current Assignee Address: US NY New York
- Agency: Fenwick & West LLP
- Main IPC: H04L9/32
- IPC: H04L9/32 ; H04L29/06 ; H04L9/00 ; G06Q20/40 ; H04L9/08 ; G06Q20/38

Abstract:
A central service provider manages and writes transaction details to a private block chain network. Blocks of transaction records written onto the block chain by the central service provider are distributed to members of the block chain, thereby enabling data resiliency and self-verifiability. As the full block chain is available to members of the block chain network, the central service provider also ensures the privacy of transaction details by providing an assembled header and encrypted block of transaction records that are generated using a combination of symmetric and asymmetric cryptographic techniques. Altogether, the full block chain network is distributed across members of the block chain, but the members can only access and read transaction details in the block chain that they are authorized to view.
Public/Granted literature
- US20180351750A1 DISTRIBUTED, CENTRALLY AUTHORED BLOCK CHAIN NETWORK Public/Granted day:2018-12-06
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