Blockchain system with a trust escrow
A system, method, and computer-readable storage medium is provided for creating first and second blockchain instances, each comprising representative blocks corresponding to steps in first and second multistep processes, respectively; performing a linking operation to link a block in the first blockchain instance to a block in the second blockchain instance; receiving change evidence data pertaining to steps in one of the first and second multi-step processes; and performing an update operation comprising updating one of the first and second blockchain instances based on said change evidence data.
1. A computer-implemented method, comprising:
configuring a blockchain system to track a multi-step process through to completion;
configuring a trust escrow engine to selectively release an effort needed to satisfy a modification to the blockchain system based on trust; and
making the modification to the blockchain system if the effort is released.
2. The computer-implemented method of claim 1 , wherein said configuring comprises storing at least one generic finite blockchain comprising representative blocks, each corresponding to a step in a multi-step process; and dynamically generating at least one finite blockchain instance based on said at least one generic finite blockchain.
3. The computer-implemented method of claim 2 , wherein said modification comprises creating a next block in the at least one finite blockchain instance.
4. The computer-implemented method of claim 2 , wherein said modification comprises adding blocks to the at least one finite block chain instance corresponding to promised blocks in the at least one generic finite blockchain.
5. The computer-implemented method of claim 2 , wherein said modification comprises creating a new finite blockchain instance based on the generic finite blockchain.
6. The computer-implemented method of claim 2 , wherein the blockchain system comprises a second finite blockchain instance linked to a first blockchain instance and configured to start execution only after the first blockchain instance is fully executed, in which case said modification comprises generating a tick to start execution of the second blockchain instance prior to the first blockchain instance being fully execution.
7. The computer-implemented method of claim 1 , wherein the trust is based on the execution of promised blocks within the blockchain system.
8. A system, comprising:
a memory;
a processor communicatively coupled to the memory, wherein the processor is configured to perform:
configuring a blockchain system to track a multi-step process through to completion;
configuring a trust escrow engine to selectively release an effort needed to satisfy a modification to the blockchain system based on trust; and
making the modification to the blockchain system if the effort is released.
9. The system of claim 8 , wherein said configuring comprises storing at least one generic finite blockchain comprising representative blocks, each corresponding to a step in a multi-step process; and dynamically generating at least one finite blockchain instance based on said at least one generic finite blockchain.
10. The system of claim 9 , wherein said modification comprises creating a next block in the at least one finite blockchain instance.
11. The system of claim 9 , wherein said modification comprises adding blocks to the at least one finite block chain instance corresponding to promised blocks in the at least one generic finite blockchain.
12. The system of claim 9 , wherein said modification comprises creating a new finite blockchain instance based on the generic finite blockchain.
13. The system of claim 9 , wherein the blockchain system comprises a second finite blockchain instance linked to a first blockchain instance and configured to start execution only after the first blockchain instance is fully executed, in which case said modification comprises generating a tick to start execution of the second blockchain instance prior to the first blockchain instance being fully execution.
14. The system of claim 8 , wherein the trust is based on the execution of promised blocks within the blockchain system.
15. A non-transitory computer program product comprising a computer-readable storage medium having computer readable program code embodied therewith, the computer readable program code configured to perform:
configuring a blockchain system to track a multi-step process through to completion;
configuring a trust escrow engine to selectively release an effort needed to satisfy a modification to the blockchain system based on trust; and
making the modification to the blockchain system if the effort is released.
16. The non-transitory computer program product of claim 15 , wherein said configuring comprises storing at least one generic finite blockchain comprising representative blocks, each corresponding to a step in a multi-step process; and dynamically generating at least one finite blockchain instance based on said at least one generic finite blockchain.
17. The non-transitory computer program product of claim 16 , wherein said modification comprises creating a next block in the at least one finite blockchain instance.
18. The non-transitory computer program product of claim 16 , wherein said modification comprises adding blocks to the at least one finite block chain instance corresponding to promised blocks in the at least one generic finite blockchain.
19. The non-transitory computer program product of claim 16 , wherein said modification comprises creating a new finite blockchain instance based on the generic finite blockchain.
20. The non-transitory computer program product of claim 16 , wherein blockchain system comprises a second finite blockchain instance linked to a first blockchain instance and configured to start execution only after the first blockchain instance is fully executed, in which case said modification comprises generating a tick to start execution of the second blockchain instance prior to the first blockchain instance being fully execution.