Computer-implemented decision making system and method
A method for decision-making on a blockchain includes receiving first public keys from participants, where the first public keys are related to first private keys. The first public keys are combined to generate second public keys, where the second public keys are decisions based on selections among the participants. Third public keys, which correspond to the second public keys, are communicated to the participants. A voting blockchain transaction is generated, where an input script is executed by using a digital signature that corresponds to each participant's first private key, which corresponds to a participant's selection. Output of the voting transaction is a script that represents a decision based on the participants' selections. A payment blockchain transaction is generated, where execution of an output of the payment transaction requires a digital signature that corresponds to a third public key, which corresponds to the decision of the voting transaction.
1. A method of making a decision on a blockchain, wherein the decision is based on at least one respective selection made by each of a plurality of participants, the method comprising:
receiving, from each of said plurality of participants, a respective plurality of first public keys, wherein each said first public key represents a possible selection by said participant and is related to a corresponding first private key by a cryptographic operation having a homomorphic property;
combining said first public keys, by means of said homomorphic property, to generate a plurality of second public keys, wherein each said second public key represents a possible decision based on a combination of said possible selections;
communicating, to each of said plurality of participants, a plurality of third public keys, wherein each said third public key corresponds to a respective said second public key;
generating a first blockchain transaction, wherein an input of said first blockchain transaction is a script executable by means of a respective digital signature corresponding to a respective said first private key of each of a plurality of said participants, wherein each said first private key represents a said selection made by said participant, and an output of said first blockchain transaction is a script representing said decision based on said selections made by said participants;
generating a second blockchain transaction for transferring a first digital asset, wherein execution of an output of said second blockchain transaction requires a digital signature corresponding to said third public key corresponding to said decision of said first blockchain transaction; and
generating a third blockchain transaction having at least one output corresponding to a respective input to said first blockchain transaction.
2. The method according to claim 1 , wherein an input of the first blockchain transaction is a script accessible by means of a fourth public key possessed by a supervisor.
3. The method according to claim 1 , wherein execution of at least one output of said third blockchain transaction requires at least one digital signature corresponding to a respective said first private key.
4. The method according to claim 1 , wherein execution of at least one output of said third blockchain transaction requires at least one said first private key.
5. The method according to claim 4 , wherein at least one output of said third blockchain transaction is a script applying said cryptographic operation to said first public key.
6. The method according to claim 1 , further comprising receiving said first private keys from said participants in encrypted form.
7. The method according to claim 1 , further comprising generating a fourth blockchain transaction for refunding at least part of said first digital asset in the event of non-execution of said second blockchain transaction.
8. The method according to claim 7 , wherein the fourth blockchain transaction is time locked.
9. The method according to claim 1 , wherein the cryptographic operation is elliptic curve scalar multiplication.
10. A computer-implemented system comprising:
a processor; and
memory including executable instructions that, as a result of execution by the processor, cause the system to carry out a method of making a decision on a blockchain, wherein the decision is based on at least one respective selection made by each of a plurality of participants, the method comprising:
receiving, from each of a plurality of participants, a respective plurality of first public keys, wherein each said first public key represents a possible selection by said participant and is related to a corresponding first private key by a cryptographic operation having a homomorphic property;
combining said first public keys, by means of said homomorphic property, to generate a plurality of second public keys, wherein each said second public key represents a possible decision based on a combination of said possible selections;
communicating, to each of said plurality of participants, a plurality of third public keys, wherein each said third public key corresponds to a respective said second public key;
generating a first blockchain transaction, wherein an input of said first blockchain transaction is a script executable by means of a respective digital signature corresponding to a respective said first private key of each of a plurality of said participants, wherein each said first private key represents a said selection made by said participant, and an output of said first blockchain transaction is a script representing said decision based on said selections made by said participants;
generating a second blockchain transaction for transferring a first digital asset, wherein execution of an output of said second blockchain transaction requires a digital signature corresponding to said third public key corresponding to said decision of said first blockchain transaction; and
generating a third blockchain transaction having at least one output corresponding to a respective input to said first blockchain transaction.
11. The computer-implemented system according to claim 10 , wherein execution of at least one output of said third blockchain transaction requires at least one digital signature corresponding to a respective said first private key.
12. The computer-implemented system according to claim 10 , wherein execution of at least one output of said third blockchain transaction requires at least one said first private key.
13. The computer-implemented system according to claim 12 , wherein at least one output of said third blockchain transaction is a script applying said cryptographic operation to said first public key.
14. The computer-implemented system according to claim 10 , wherein the method further comprises receiving said first private keys from said participants in encrypted form.
15. The computer-implemented system according to claim 10 , wherein the method further comprises generating a fourth blockchain transaction for refunding at least part of said first digital asset in the event of non-execution of said second blockchain transaction.
16. A non-transitory computer-readable storage medium having stored thereon executable instructions that, as a result of being executed by a processor of a computer system, cause the computer system to carry out a method of making a decision on a blockchain, wherein the decision is based on at least one respective selection made by each of a plurality of participants, the method comprising:
receiving, from each of a plurality of participants, a respective plurality of first public keys, wherein each said first public key represents a possible selection by said participant and is related to a corresponding first private key by a cryptographic operation having a homomorphic property;
combining said first public keys, by means of said homomorphic property, to generate a plurality of second public keys, wherein each said second public key represents a possible decision based on a combination of said possible selections;
communicating, to each of said plurality of participants, a plurality of third public keys, wherein each said third public key corresponds to a respective said second public key;
generating a first blockchain transaction, wherein an input of said first blockchain transaction is a script executable by means of a respective digital signature corresponding to a respective said first private key of each of a plurality of said participants, wherein each said first private key represents a said selection made by said participant, and an output of said first blockchain transaction is a script representing a said decision based on said selections made by said participants;
generating a second blockchain transaction for transferring a first digital asset, wherein execution of an output of said second blockchain transaction requires a digital signature corresponding to said third public key corresponding to said decision of said first blockchain transaction; and
generating a third blockchain transaction having at least one output corresponding to a respective input to said first blockchain transaction.
17. The non-transitory computer-readable storage medium according to claim 16 , wherein execution of at least one output of said third blockchain transaction requires at least one digital signature corresponding to a respective said first private key.
18. The non-transitory computer-readable storage medium according to claim 16 , wherein execution of at least one output of said third blockchain transaction requires at least one said first private key.
19. The non-transitory computer-readable storage medium according to claim 16 , wherein at least one output of said third blockchain transaction is a script applying said cryptographic operation to said first public key.
20. The non-transitory computer-readable storage medium according to claim 16 , wherein the method further comprises generating a fourth blockchain transaction for refunding at least part of said first digital asset in the event of non-execution of said second blockchain transaction.