Digital 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 contract identifier in a blockchain. Because there may be many digital contracts offered as services, the contract identifier uniquely identifies a particular digital contract offered by a vendor or supplier. The blockchain is thus not burdened with the programming code that is required to execute 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 device comprising a memory storing instructions that, when executed by a hardware processor, causes the hardware processor to perform operations, comprising:
receiving a private blockchain associated with a private entity, the private blockchain specifying a contract identifier that uniquely identifies a digital contract;
querying an electronic database for the contract identifier specified by the private blockchain, the electronic database electronically associating network resources to contract identifiers including the contract identifier specified by the private blockchain;
identifying a network resource of the network resources that is electronically associated with the contract identifier specified by the private blockchain;
sending a service request to the network resource that is electronically associated with the contract identifier specified by the private blockchain, the service request requesting a service associated with the digital contract;
generating a data record in a blockchain data layer that documents the sending of the service request; and
generating a cryptographic proof based on a hashing of the data record in the blockchain data layer.
2. The device of claim 1 , wherein the operations further comprise publicly publishing the cryptographic proof via a public blockchain.
3. The memory device of claim 1 , wherein the operations further comprise transacting a cryptocoinage in response to the generating of the data record in the blockchain data layer.
4. The memory device of claim 1 , wherein the operations further comprise transacting a cryptocoinage in response to the identifying of the network resource.
5. The device of claim 1 , wherein the operations further comprise transacting a cryptocoinage in response to the sending of the service request.
6. A method of reducing a byte size of a blockchain, comprising:
receiving, by a server, the blockchain lacking a programming code for executing a digital contract;
determining, by the server, a contract parameter and a contract identifier specified by the blockchain for an outsourced execution of the digital contract;
querying, by the server, an electronic database for the contract identifier specified by the blockchain for the off-chain outsourced execution, the electronic database electronically associating network resources to contract identifiers including the contract identifier specified by the blockchain that lacks the programming code for executing the digital contract;
identifying, by the server, a network resource of the network resources that is electronically associated by the electronic database with the contract identifier specified by the blockchain that lacks the programming code for executing the digital contract;
sending, by the server, a service request to the network resource identified by the electronic database, the service request specifying the contract parameter and requesting the outsourced execution of the digital contract;
generating a data record in a blockchain data layer that documents the sending of the service request; and
generating a cryptographic proof by hashing the data record.
7. The method of claim 6 , further comprising publishing the cryptographic proof via a public blockchain.
8. The method of claim 6 , further comprising transacting a cryptocoinage in response to the generating of the data record in the blockchain data layer.
9. The method of claim 6 , further comprising transacting a cryptocoinage in response to the sending of the service request.
10. The method of claim 6 , further comprising transacting a cryptocoinage in response to the receiving of the blockchain.
11. A system, comprising:
a hardware processor; and
a memory storing instructions that, when executed by the hardware processor, cause the hardware processor to perform operations, comprising:
receiving a blockchain lacking a programming code for executing a digital contract, the blockchain reducing a processing of the hardware processor by only specifying a contract parameter and a contract identifier for an outsourced execution of the digital contract;
querying an electronic database for the contract identifier specified by the blockchain for the outsourced execution, the electronic database electronically associating network resources to contract identifiers including the contract identifier specified by the blockchain that lacks the programming code for executing the digital contract;
identifying a network resource of the network resources that is electronically associated by the electronic database with the contract identifier specified by the blockchain that lacks the programming code for executing the digital contract;
sending a service request to the network resource identified by the electronic database, the service request specifying the contract parameter and requesting the outsourced execution of the digital contract;
generating a data record in a blockchain data layer that documents the sending of the service request; and
generating a cryptographic proof based on a hashing of the data record in the blockchain data layer.
12. The system of claim 11 , wherein the operations further comprise transacting a cryptocoinage in response to the generating of the data record in the blockchain data layer.
13. The system of claim 11 , wherein the operations further comprise transacting a cryptocoinage in response to the sending of the service request.
14. The system of claim 11 , wherein the operations further comprise transacting a cryptocoinage in response to the receiving of the blockchain.