Invention Grant
- Patent Title: Ensuring data integrity of executed transactions
-
Application No.: US16670640Application Date: 2019-10-31
-
Publication No.: US11461307B2Publication Date: 2022-10-04
- 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: G06F16/00
- IPC: G06F16/00 ; G06F16/23 ; G06F16/22 ; H04L9/32 ; G06F11/14 ; H04L9/00

Abstract:
A central service provider manages a blockchain network that writes the cryptographic hash of each executed transaction in a block to the blockchain network. For each executed transaction, the central service provider generates and transmits a transaction receipt such that a party can verify that the transaction was appropriately executed. Additionally, a party can check that the party's records are correct by providing transaction data describing details of transactions recorded in the party's records to the central service provider. The central service provider verifies the party's records by comparing the transaction data in the party's records to the blocks of transaction records in the blockchain network. In some scenarios, the central service provider may identify or receive an identification of a discrepancy arising from one or more transactions. The central service provider can reconcile the identified discrepancy.
Public/Granted literature
- US20200065298A1 ENSURING DATA INTEGRITY OF EXECUTED TRANSACTIONS Public/Granted day:2020-02-27
Information query