Application US20190044700 Cryptocurrency: Platforms

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Application US20190044700

Published 2019-02-07

Registry Blockchain Architecture

Described herein is a system in which an electronic record is stored on a distributed environment with respect to an item. In this system, transactions may be conducted for an item in an anonymous fashion. In some embodiments, a first user may input an item identifier associated with an item as well as an indication of an action to be performed with respect to that item. The identifier may be transmitted to a blockchain network, which may use that identifier to locate a blockchain associated with the item. A blockchain may include a series of transaction records associated with the item, each of which is signed using a private key. Upon performance of the indicated action, the blockchain network may generate a new transaction record, append that transaction record to the blockchain, and sign the transaction record.

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3 Independent Claims

1. A method comprising: receiving, by a processing node, a request to perform an action with respect to an item, the request including at least an item identifier; identifying, by the processing node based on the item identifier, a blockchain associated with the item, the blockchain including a series of transaction records; identifying, by the processing node from a transaction record of the series of transaction records, a contact information for a current owner of the item; providing, by the processing node, a notification of the requested action to the current owner via the contact information; completing, by the processing node, the requested action upon receiving a response to the notification; generating, by the processing node, a new transaction record based on the action; and appending, by the processing node, the new transaction record to the blockchain.
8. A processing node comprising: one or more processors; and a memory including instructions that, when executed by the one or more processors, cause the processing node to: receive a request to perform an action with respect to an item, the request including at least an item identifier; identify, based on the item identifier, a blockchain associated with the item, the blockchain including a series of transaction records; identify, from a transaction record of the series of transaction records, a contact information for a current owner of the item; provide a notification of the requested action to the current owner via the contact information; complete the requested action upon receiving a response to the notification; generate a new transaction record based on the action; and append the new transaction record to the blockchain.
15. A client device comprising: at least one input sensor; one or more processors; and a memory including instructions that, when executed by the one or more processors, cause the client device to: obtain, via the at least one input sensor, an identifier for an item; generate, based on input received from a user of the client device, a request to perform an action with respect to the item, the request including at least the identifier; transmit the request to an item registry network, the request causing the item registry network to: identify an item registry associated with the item from a plurality of item registries, the item registry including a series of transaction records; and complete the action with respect to the item using information included in at least one transaction record of the series of transaction records; and receive a response to the request that indicates completion of the action.