Granted Patent B2

US 11,295,296 · App. 16/116,969 · Granted Apr 5, 2022

Inventor: Paul Snow (Austin, TX)

Assignee: Inveniam Capital Partners, Inc.

G06Q20/367G06Q20/065G06Q20/0658G06Q20/12G06Q20/3674G06Q20/3829G06Q20/401H04L9/0637G06F16/29G06F21/53G06F21/645H04L9/0618H04L9/0643H04L9/3236H04L9/3239H04L67/12H04L2209/38H04L2209/56

Abstract

Claims (41)

1. A method performed by a server that cryptographically proves an outsource execution of a digital contract, the method comprising:

receiving, by the server, a private blockchain;

conducting, by the server, a cryptocoinage transaction via a network in exchange for read accessing the private blockchain by using an application programming interface (API) associated with a read access permission;

after the conducting of the cryptocoinage transaction, reading, by the server, a contract identifier specified by the private blockchain;

in response to the reading of the contract identifier, determining, by the server, that the outsource execution of the digital contract is required;

identifying, by the server, a virtual machine by querying an electronic database that associates the contract identifier to the virtual machine;

identifying, by the server, a contract parameter specified by the private blockchain for the outsource execution of the digital contract;

outsourcing, by the server, the digital contract by sending an execution request to the virtual machine, the execution request specifying the contract identifier and the contract parameter and requesting the outsource execution of the digital contract;

receiving, by the server, a response from the virtual machine;

in response to the receiving of the response from the virtual machine, generating, by the server, a cryptographic proof of the outsource execution by hashing a cryptographic address associated with the virtual machine using an electronic representation of a hashing algorithm; and

publishing, by the server, the cryptographic proof.

2. The method of claim 1 , further comprising generating, by the server, a transaction record that documents the cryptographic proof.

3. The method of claim 2 , further comprising publicly publishing, by the server, the transaction record that documents the cryptographic proof.

4. The method of claim 1 , further comprising generating, by the server, a transaction record that documents the cryptocoinage transaction.

5. A server that cryptographically proves an outsource execution of a digital contract, comprising:

a hardware processor; and

a memory device storing instructions that when executed by the hardware processor perform operations, the operations comprising:

receiving a private blockchain;

conducting a cryptocoinage transaction via a network in exchange for read accessing the private blockchain by using an application programming interface (API) associated with a read access permission;

after the conducting of the cryptocoinage transaction, reading a contract identifier specified by the private blockchain;

in response to the reading of the contract identifier, determining that the outsource execution of the digital contract is required;

identifying a virtual machine by querying an electronic database that associates the contract identifier to the virtual machine;

identifying a contract parameter specified by the private blockchain;

outsourcing the digital contract by sending an execution request to the virtual machine, the execution request specifying the contract identifier and the contract parameter and requesting the outsource execution of the digital contract;

receiving a response from the virtual machine;

in response to the receiving of the response from the virtual machine, generating a cryptographic proof of the outsource execution by hashing a cryptographic address associated with the virtual machine using an electronic representation of a hashing algorithm; and

publishing the cryptographic proof.

6. The server of claim 5 , wherein the operations further comprise generating a transaction record that documents the cryptographic proof.

7. The server of claim 6 , wherein the operations further comprise publicly publishing the transaction record that documents the cryptographic proof.

8. The server of claim 5 , wherein the operations further comprise generating a transaction record that documents the cryptocoinage transaction.

9. A non-transitory computer readable memory device storing instructions that when executed by a hardware processor perform operations, the operations comprising:

receiving a private blockchain;

conducting a cryptocoinage transaction via a network in exchange for read accessing the private blockchain using an application programming interface (API) associated with a read access permission;

after the conducting of the cryptocoinage transaction, reading via the API a contract identifier specified by the private blockchain;

in response to the reading of the contract identifier, determining that an outsource execution of the digital contract is required;

identifying a virtual machine by querying an electronic database that associates the contract identifier to the virtual machine;

identifying a contract parameter specified by the private blockchain for the outsource execution of the digital contract;

outsourcing the digital contract by sending an outsource execution request to the virtual machine, the outsource execution request specifying the contract identifier and the contract parameter and requesting the outsource execution of the digital contract;

receiving a response generated by the virtual machine;

in response to the receiving of the response generated by the virtual machine, generating a cryptographic proof of the outsource execution by hashing a cryptographic address associated with the virtual machine using an electronic representation of a hashing algorithm; and

publishing the cryptographic proof.

Assignments (4)

Continuity (2)

Cited By (10)

US 12,192,371 US 12,225,107 US 12,231,535 US 12,231,566 US 12,341,906 US 12,511,314 US 12,519,848 US 12,580,782 US 12,597,066 US 12,647,291