Method And System For Use Of A Blockchain In A Transaction Processing Network
Updated over 1 year ago
Abstract
A method for validating electronic transactions using a private blockchain includes: storing a blockchain wherein the blockchain is a distributed database that includes a plurality of data records each being associated with a processed transaction; receiving a transaction message the transaction message including a message type indicator and a plurality of data elements each configured to store a transaction data value; generating a data record the data record including the message type indicator and one or more transaction data values; updating the blockchain to include the generated data record; electronically transmitting the received transaction message to a payment network for processing; and electronically transmitting the updated blockchain to a plurality of transaction processing devices for validation.
Information
| Application ID | 201817003697 |
| Invention Field | COMPUTER SCIENCE |
| Date of Application | 2018-01-31 |
| Publication Number | 19/2018 |
Applicants
| Name | Address | Country | Nationality |
|---|---|---|---|
| MASTERCARD INTERNATIONAL INCORPORATED | 2000 Purchase Street Purchase NY 10577 | U.S.A. | U.S.A. |
Inventors
| Name | Address | Country | Nationality |
|---|---|---|---|
| KENNEDY Dennis M. | 1276 Bridle Road St. Louis MO 63119 | U.S.A. | U.S.A. |
Specification
Documents
| Name | Date |
| 201817003697-REQUEST FOR EXAMINATION (FORM-18) [31-01-2018(online)].pdf | 2018-01-31 |
| 201817003697-POWER OF AUTHORITY [31-01-2018(online)].pdf | 2018-01-31 |
| 201817003697-STATEMENT OF UNDERTAKING (FORM 3) [31-01-2018(online)].pdf | 2018-01-31 |
| 201817003697-PROOF OF RIGHT [31-01-2018(online)].pdf | 2018-01-31 |
| 201817003697-FORM 18 [31-01-2018(online)].pdf | 2018-01-31 |
| 201817003697-FORM 1 [31-01-2018(online)].pdf | 2018-01-31 |
| 201817003697-FIGURE OF ABSTRACT [31-01-2018(online)].pdf | 2018-01-31 |
| 201817003697-Correspondence-070218.pdf | 2018-02-13 |
| 201817003697-DECLARATION OF INVENTORSHIP (FORM 5) [31-01-2018(online)].pdf | 2018-01-31 |
| 201817003697-Power of Attorney-070218.pdf | 2018-02-13 |
| 201817003697-COMPLETE SPECIFICATION [31-01-2018(online)].pdf | 2018-01-31 |
| 201817003697-DRAWINGS [31-01-2018(online)].pdf | 2018-01-31 |
| 201817003697-OTHERS-070218.pdf | 2018-02-13 |
| 201817003697-OTHERS-070218-.pdf | 2018-03-06 |
| abstract.jpg | 2018-04-16 |
| 201817003697-FER.pdf | 2021-10-18 |
| 201817003697-FORM 3 [28-07-2018(online)].pdf | 2018-07-28 |
| 201817003697.pdf | 2018-03-24 |
Orders
| Applicant | Section | Controller | Decision Date | URL |