Invention Grant
- Patent Title: Beacon network with enterprise smart contracts having a centralized ledger
-
Application No.: US15824005Application Date: 2017-11-28
-
Publication No.: US10740808B2Publication Date: 2020-08-11
- Inventor: John Marley Gray
- Applicant: Microsoft Technology Licensing, LLC
- Applicant Address: US WA Redmond
- Assignee: Microsoft Technology Licensing, LLC
- Current Assignee: Microsoft Technology Licensing, LLC
- Current Assignee Address: US WA Redmond
- Agency: Chin IP, PLLC
- Agent David Chin
- Main IPC: G06Q30/06
- IPC: G06Q30/06 ; G06Q20/06 ; G06F16/27 ; G06Q20/40 ; G06Q20/02 ; H04L29/06 ; G06F21/41

Abstract:
The disclosed technology is generally directed to smart contracts. In one example of the technology, a first sub-contract is initialized based on communications from a first beacon node and a second beacon node. Initializing the first sub-contract includes seeding an asset on a ledger based on the first sub-contract. One or more additional sub-contracts are initialized based on communications from the beacon nodes such that the first sub-contract and the one or more additional sub-contracts together form an enterprise smart contract, and such that each sub-contract of the enterprise smart contract interrelates to at least one other sub-contract of the enterprise smart contract. Execution of logic for the enterprise smart contract is controlled. Information associated with the execution of the logic for the enterprise contract is stored on the ledger.
Public/Granted literature
- US20190164136A1 BEACON NETWORK WITH ENTERPRISE SMART CONTRACTS HAVING A CENTRALIZED LEDGER Public/Granted day:2019-05-30
Information query