Smart contracts in blockchain environments
Digital or “smart” contracts execute in a blockchain environment. Any entity (whether public or private) may specify a digital contract via a blockchain. Because there may be many digital contracts offered as virtual services, the contract identifier uniquely identifies a particular decision table and/or the digital contract offered by a virtual machine, vendor or supplier. The blockchain is thus not burdened with the programming code that is required to execute the decision table and/or the digital contract. The blockchain need only include or specify the contract identifier (and perhaps one or more contractual parameters), thus greatly simplifying the blockchain and reducing its size (in bytes) and processing requirements.
1. A method, comprising:
receiving, by a server, a contract identifier that uniquely identifies a digital contract;
querying, by the server, an electronic database for the contract identifier that uniquely identifies the digital contract, the electronic database electronically associating network addresses to contract identifiers including the contract identifier that uniquely identifies the digital contract;
identifying, by the server, a network address of the network addresses that is electronically associated with the contract identifier that uniquely identifies the digital contract;
sending, by the server, a service request to the network address that is electronically associated with the contract identifier that uniquely identifies the digital contract, the service request requesting an execution of the digital contract; and
generating, by the server, a data record in a blockchain data layer, the data record describing the sending of the service request requesting the execution of the digital contract.
2. The method of claim 1 , further comprising receiving a service result of the execution of the digital contract.
3. The method of claim 2 , further comprising generating another data record in the blockchain data layer that describes the service result of the execution of the digital contract.
4. The method of claim 2 , further comprising transacting a cryptocoinage in response to the service result of the execution of the digital contract.
5. The method of claim 1 , further comprising receiving a service update associated with the execution of the digital contract.
6. The method of claim 5 , further comprising generating another data record in the blockchain data layer that describes the service update associated with the execution of the digital contract.
7. The method of claim 1 , further comprising generating a cryptographic proof based on a hashing of the data record in the blockchain data layer.
8. The method of claim 7 , further comprising publicly publishing the cryptographic proof via a public blockchain.
9. The method of claim 1 , further comprising transacting a cryptocoinage in response to the generating of the data record in the blockchain data layer.
10. The method of claim 1 , further comprising transacting a cryptocoinage in response to the sending of the service request requesting the execution of the digital contract.
11. A system, comprising:
a hardware processor; and
a memory device, the memory device storing instructions, the instructions when executed by the hardware processor perform operations, the operations comprising:
receiving a private blockchain that specifies a contract identifier and a contractual parameter associated with a digital contract;
querying an electronic database for the contract identifier specified by the private blockchain, the electronic database electronically associating network addresses to contract identifiers including the contract identifier specified by the private blockchain;
identifying a network address of the network addresses that is electronically associated with the contract identifier specified by the private blockchain;
sending a service request to the network address that is electronically associated with the contract identifier specified by the private blockchain, the service request requesting an execution of the digital contract based on the contractual parameter specified by the private blockchain; and
generating a data record in a blockchain data layer, the data record describing the service request requesting the execution of the digital contract based on the contractual parameter specified by the private blockchain.
12. The system of claim 11 , wherein the operations further comprise receiving a service result of the execution of the digital contract.
13. The system of claim 12 , wherein the operations further comprise generating another data record in the blockchain data layer that describes the service result of the execution of the digital contract.
14. The system of claim 12 , wherein the operations further comprise transacting a cryptocoinage in response to the service result of the execution of the digital contract.
15. The system of claim 11 , wherein the operations further comprise receiving a service update associated with the execution of the digital contract.
16. The system of claim 15 , wherein the operations further comprise generating another data record in the blockchain data layer that describes the service update associated with the execution of the digital contract.
17. The system of claim 11 , wherein the operations further comprise generating a cryptographic proof based on a hashing of the data record in the blockchain data layer.
18. The system of claim 17 , wherein the operations further comprise publicly publishing the cryptographic proof via a public blockchain.
19. A memory device storing instructions that when executed by a hardware processor perform operations, the operations comprising:
receiving a private blockchain that specifies a contract identifier and a contractual parameter associated with a digital contract;
querying an electronic database for the contract identifier specified by the private blockchain, the electronic database electronically associating network addresses to contract identifiers including the contract identifier specified by the private blockchain;
identifying a network address of the network addresses that is electronically associated with the contract identifier specified by the private blockchain;
sending a service request to the network address that is electronically associated with the contract identifier specified by the private blockchain, the service request requesting an execution of the digital contract based on the contractual parameter specified by the private blockchain; and
generating a data record in a blockchain data layer, the data record describing the service request requesting the execution of the digital contract based on the contractual parameter specified by the private blockchain.
20. The memory device of claim 19 , wherein the operations further comprise:
receiving a service result of the execution of the digital contract; and
generating another data record in the blockchain data layer that describes the service result of the execution of the digital contract.