Invention Grant
- Patent Title: Multi-layered blockchain for digital assets
-
Application No.: US16233793Application Date: 2018-12-27
-
Publication No.: US11121860B2Publication Date: 2021-09-14
- Inventor: Gautam Gupta
- Applicant: LendingClub Corporation
- Applicant Address: US CA San Francisco
- Assignee: LendingClub Corporation
- Current Assignee: LendingClub Corporation
- Current Assignee Address: US CA San Francisco
- Agency: Hickman Becker Bingham Ledesma LLP
- Agent Jeffrey R. Madrak
- Main IPC: H04L9/06
- IPC: H04L9/06 ; H04L29/06

Abstract:
An item is encrypted to create a unique hash-value for the item. From this hash-value, an item can be uniquely identified. The hash-value for the item is stored in a first blockchain. When the item is included in a transaction, a transaction entry is stored in a block of the first blockchain. When an item participates in a group of items, a group of items is formed. The group of items is encrypted to create a unique hash-value for the group of items. The hash-value for the group of items may be based on hash-values from the items included in the group of items. The hash-value for the group of items is stored in a second blockchain that is distinct from the first blockchain. When the group of items is included in a transaction, a transaction entry is stored in a block of a second blockchain.
Public/Granted literature
- US20200213090A1 MULTI-LAYERED BLOCKCHAIN FOR DIGITAL ASSETS Public/Granted day:2020-07-02
Information query