Patent SG-11201803742Y-A (SG)
Title: Method and system for processing of a blockchain transaction in a transaction processing network
Inventor: KENNEDY DENNIS
IPC: G06Q20/06
Filed: 2016-11-02
Abstract: INTERNATIONAL APPLICATION PUBLISHED UNDER THE PATENT COOPERATION TREATY (PCT) (19) World Intellectual Property -' Organization International Bureau (43) International Publication Date .... ..sr ,„„..) 11 May 2017(11.05.2017) WIPO I PCT (10) WO International 111111111111311111111111111111111111111111111111111111111111111111111311111111111111111 2017/079218 Publication Al Number (51) International Patent Classification: AO, AT, AU, AZ, BA, BB, BG, BH, BN, BR, BW, BY, G06Q 20/06 (2012.01) BZ, CA, CH, CL, CN, CO, CR, CU, CZ, DE, DJ, DK, DM, DO, DZ, EC, EE, EG, ES, FI, GB, GD, GE, GH, GM, GT, (21) International Application Number: HN, HR, HU, ID, IL, IN, IR, IS, JP, KE, KG, KN, KP, KR, PCT/US2016/060017 KW, KZ, LA, LC, LK, LR, LS, LU, LY, MA, MD, ME, (22) International Filing Date: MG, MK, MN, MW, MX, MY, MZ, NA, NG, NI, NO, NZ, 2 November 2016 (02.11.2016) OM, PA, PE, PG, PH, PL, PT, QA, RO, RS, RU, RW, SA, SC, SD, SE, SG, SK, SL, SM, ST, SV, SY, TH, TJ, TM, (25) Filing Language: English TN, TR, TT, TZ, UA, UG, US, UZ, VC, VN, ZA, ZM, (26) Publication Language: English ZW. (30) Priority Data: (84) Designated States (unless otherwise indicated, for every 14/933,572 5 November 2015 (05.11.2015) US kind of regional protection available): ARIPO (BW, GH, GM, KE, LR, LS, MW, MZ, NA, RW, SD, SL, ST, SZ, (71) Applicant: MASTERCARD INTERNATIONAL IN- TZ, UG, ZM, ZW), Eurasian (AM, AZ, BY, KG, KZ, RU, CORPORATED [US/US]; 2000 Purchase Street, Pur- TJ, TM), European (AL, AT, BE, BG, CH, CY, CZ, DE, chase, NY 10577 (US). DK, EE, ES, FI, FR, GB, GR, HR, HU, IE, IS, IT, LT, LU, (72) Inventor: KENNEDY, Dennis, M.; 1276 Bridle Road, St. LV, MC, MK, MT, NL, NO, PL, PT, RO, RS, SE, SI, SK, Louis, MO 63119 (US). SM, TR), OAPI (BF, BJ, CF, CG, CI, CM, GA, GN, GQ, GW, KM, ML, MR, NE, SN, TD, TG). (74) Agent: DOBBYN, Colm, J ; MasterCard International In- Published: corporated, 2000 Purchase Street, Purchase, NY 10577 (US). — with international search report (Art 21(3)) (81) Designated States (unless otherwise indicated, for every kind of national protection available): AE, AG, AL, AM, (54) Title: METHOD AND SYSTEM FOR PROCESSING OF A BLOCKCHAIN TRANSACTION IN A TRANSACTION PRO- = CESSING NETWORK 100 Transaction ProcessIng CevIce. .,, .,-- „,..,,108a slob 110a--,=.1 4- - - — - — 4 L t L 114 issuer Issue' / Blackball / Network / / PNffeark nt C4 112 / 0 ,,-- ..,-* 1O2 11 J I ..- v T arsaction .4t Ananclal Processing : I rsmnt on Processing C Device Il FIG. 1 el 01 C ( 57) : A method for validating blockchain transactions using a transaction processing network includes: storing one or more ---.. authentication rules configured to authenticate an electronic transaction and one or more verification rules configured to verity a IN blockchain transaction; receiving a transaction message including a message type indicator and a plurality of data elements including c:::, at least first data elements configured to store blockchain data and additional data elements configured to store transaction data val - el ues; identifying an authentication score based on application of at least one or more authentication rules to the transaction data val - O ues; identifying a verification score based on application of one or more verification rules to the blockchain data; generating a data message, the data message including the blockchain data stored in the first data elements, the identified authentication score, and the identified verification score; and electronically transmitting the generated data message to a blockchain network.