Blockchain-based method and system for specifying the recipient of an electronic communication
The invention provides a method and corresponding system for controlling a blockchain transaction output and/or specifying the recipient of the output. It also provides a method of controlling and/or generating an electronic communication. The invention is a blockchain-implemented solution, which may or may not be the Bitcoin blockchain. In a preferred embodiment of the invention, the method may comprise the step of sending an electronic notification to a notification address which is provided as metadata within an unlocking script of an input of a transaction (Txi) on a blockchain. The unlocking script is provided in order to spend an output from a further transaction (Tx2) on the blockchain. The input of the transaction (Txi) and/or the output of the further transaction (Tx2) may be associated with a tokenised asset represented on, or referenced via, the blockchain. The notification address may be associated with an asset or resource represented on the blockchain, or a controller of an asset or resource represented on the blockchain. The notification address may be a network address, a cryptographic key, a uniform resource locator (URI), email address or any other address or identifier which can be represented in the metadata of a transaction script and used as a destination for an electronic communication.
1. An electronic communication or notification method, the method comprising the steps:
traversing a blockchain to obtain a notification address provided as metadata within an unlocking script of an input of a transaction (Tx 1 ) on the blockchain wherein the notification address is an identifier of an off-blockchain destination for an electronic communication; and
sending an off-blockchain electronic notification to the notification address.
2. A method according to claim 1 , wherein:
the unlocking script is arranged and/or provided in order to spend an output from a further transaction (Tx 2 ) on the blockchain.
3. A method according to claim 1 , wherein:
the input of the transaction (Tx1) and/or an output of a further transaction (Tx2) is associated with a tokenised asset represented on, or referenced via, the blockchain.
4. A method according to claim 1 , wherein:
the off-blockchain electronic notification comprises:
an incomplete or complete blockchain transaction, and/or
information relating to a location of, or means of access to, an incomplete blockchain transaction; and/or
information relating to an incomplete or complete blockchain transaction.
5. A method according to claim 1 , wherein:
the notification address is associated with an asset or resource represented on the blockchain, or a controller of an asset or resource represented on the blockchain.
6. A method according to claim 1 , further comprising the step of:
traversing the blockchain to identify the transaction (Tx 1 ) or further transaction (Tx 2 ).
7. A method according to claim 1 , further comprising the step of:
submitting a transaction to a blockchain, wherein the transaction (Tx 1 ) comprises an unspent output (UTXO) which includes a redeem script that requires the provision of a notification address within the metadata of an unlocking script in order to spend an output (UTXO);
wherein:
the unspent output (UTXO) transfers ownership or control of, or otherwise relates to, a tokenised asset represented on, or referenced via, the blockchain.
8. A method according to claim 1 , wherein:
the notification address is provided as a parameter in the unlocking script of the transaction (Tx 1 ).
9. A method according to claim 1 , further comprising the step of:
using a redeem script to ensure that a notification address has been provided in the unlocking script.
10. A method according to claim 9 , wherein the redeem script comprises:
a value indicating how many notification addresses must be supplied by the unlocking script.
11. A method according to claim 1 , wherein:
a plurality of notification addresses is provided within the unlocking script.
12. A method according to claim 1 , wherein:
the notification address is a cryptographic key, a uniform resource locator (URI), email address or any other address or identifier which can be represented in the metadata of a script and used as a destination for an electronic communication.
13. A method according to claim 1 , wherein:
at least one step of any preceding is performed by an automated computing resource or agent.
14. A method according to claim 1 , further comprising the steps:
detecting a designated or predetermined event; and
sending the off-blockchain electronic notification in response to detection of the predetermined event.
15. A method according to claim 1 , wherein the notification address is provided in addition to a wallet address provided in the unlocking script.
16. A computer-implemented system comprising a processor and memory, the memory storing computer executable instructions, that when executed, cause the processor to:
traverse a blockchain to obtain a notification address provided as metadata within an unlocking script of an input of a transaction (Tx 1 ) on the blockchain, wherein the notification address is an identifier of an off-blockchain destination for an electronic communication; and
send an off-blockchain electronic notification to the notification address.
17. A system according to claim 16 , wherein the system further comprises:
at least one autonomous computing agent arranged and configured to:
traverse the blockchain; and/or
generate and/or send the off-blockchain electronic notification.