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Cryptocurrency: Platforms

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Application US20180285879


Published 2018-10-04

Blockchain-based Identity And Transaction Platform

Systems, methods, and computer media implementing blockchain-based identity and transaction platforms are described herein. Identity information, such as a photo, for a person can be encrypted and stored in a blockchain as part of enrolling the person as a user in a blockchain-based identity and transaction platform. Trust relationships can be formed between the user and other users, and records of the trust relationships can also be stored in the blockchain. Transactions between the user and other users with whom the user has formed a trust relationship can also be stored in the blockchain. The transactions can be authorized, for example, through a multi-stage verification process that accesses information stored on the blockchain. The transactions and identity information, along with other information, contribute to an economic identity of the person.



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5 Independent Claims

  • 1. A computing device comprising one or more processors and one or more computer-readable storage media having stored therein computer-executable instructions for causing the one or more processors, when programmed thereby, to perform operations comprising: encrypting identity information for a person and storing the encrypted identity information in a blockchain as part of enrolling the person as a user in a blockchain-based economic identity and transaction platform; storing, in the blockchain, records of trust relationships between the user and other users; and authorizing transactions between the user and one or more of the other users with whom the user has formed a trust relationship; and storing records of the transactions in the blockchain, wherein at least some of the transactions and identity information contribute to an economic identity of the user.

  • 6. (canceled)

  • 8. A computer-implemented method comprising: receiving identity information for a person; encrypting the identity information; storing the encrypted identity information in a block of a blockchain; and establishing, based on the encrypted identity information, a unique identifier associated with the person.

  • 10. (canceled)

  • 16. One or more computer-readable memory or storage devices having stored thereon computer-executable instructions to cause a computer system, when programmed thereby, to perform operations comprising: identifying a recipient for a transaction; generating first stage authentication data; receiving an indication that the first stage authentication data has been provided to a verification agent; verifying the first stage authentication data; after verifying the first stage authentication data, retrieving identity information for the recipient from one or more blocks in a blockchain and transmitting the identity information; generating and transmitting second stage authentication data; receiving an indication that the second stage authentication data has been provided to the verification agent; and after verifying the second stage authentication data, determining that the person in the presence of the verification agent is the recipient and authorizing the transaction.