Abstract: A system and method for providing nested blockchain configured to process transactions is disclosed. The system comprises a computing device having a computer-readable medium and one or more processors coupled to the computer-readable medium to execute a set of instructions configured to process transactions at scale. The nested blockchain platform comprises one or more nodes to create concurrent blocks and maintain smaller chains, which nests the smaller chains together. The system processes the transactions at scale where nodes form autonomous groups and concurrently process transactions and form their own chains. The nested chain includes a linear data structure. Each block in the nested blockchain is structured in the form of hash of blocks, previous hash, and fire block hash. Further, the nested blockchain incorporates multiple linear chains in between the firechain depending on the requirement and transactional load on the network.

Abstract: A computer-implemented system and method for inserting transactions into transaction pools are disclosed. The system comprises a blockchain transaction pool management system having a computing device having a non-transitory memory and one or more processors coupled to the non-transitory memory to execute a set of instructions configured to insert transactions into transaction pools. The blockchain transaction pool management system uses multiple transaction pools for inserting a new transaction into a respective transaction pool. The computing device is configured to generate a hash output value for a public key of a sender of the new transaction using a standard hash function; compare the starting bits of the hash output value to a unique serial number or identification (ID) number of the transaction pools, and store the new transaction under the transaction pool having the ID number that matches with the starting bits of the hash output value without overlapping other transactions.

Abstract: A system for providing sustainability-driven blockchain platform is disclosed. The system comprises a processor and a memory unit coupled to the processor. The memory unit comprises a set of instructions executable by the processor configured to perform a paradigm shift from a for-profit to a for-benefit by embedding sustainability and social impact in a runtime logic. The firechain creates a user-centric sustainability-driven ecosystem to achieve sustainability deep inside a consensus mechanism and runtime logic. It allows a nominated proof-of-stake scheme with cutting-edge blockchain to have strong security guarantees. Also, it achieves high transactional throughput and enable the migration of real-world use cases that need high scalability promises on-chain, and enables cross-blockchain transfers of any type of data through bridges. Further, it upgrades the runtime logic without hard forking.