Abstract: System and methods for managing dynamic electronic documents on a private distributed ledger comprise establishing a dynamic electronic document comprising a first state object, wherein the state object references a prior approved first transaction; proposing a second transaction comprising as an input the first state object and as an output a transaction command to alter the state object as well as what parameters are required to validate the second transaction; validating the proposed second transaction; and updating the state object on a private distributed ledger to reference the second transaction.
Type:
Grant
Filed:
August 22, 2016
Date of Patent:
January 7, 2020
Assignee:
RS LTD.
Inventors:
Richard Gendal Brown, Michael Christopher Hearn, James William George Carlyle
Abstract: System and methods for managing dynamic electronic documents on a private distributed ledger comprise establishing a dynamic electronic document comprising a first state object, wherein the state object references a prior approved first transaction; proposing a second transaction comprising as an input the first state object and as an output a transaction command to alter the state object as well as what parameters are required to validate the second transaction; validating the proposed second transaction; and updating the state object on a private distributed ledger to reference the second transaction.
Type:
Grant
Filed:
August 22, 2016
Date of Patent:
January 7, 2020
Assignee:
RS LTD.
Inventors:
Richard Gendal Brown, Michael Christopher Hearn, James William George Carlyle