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SG11201803742YA - Method and system for processing of a blockchain transaction in a transaction processing network - Google Patents
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SG11201803742YA - Method and system for processing of a blockchain transaction in a transaction processing network - Google Patents

Method and system for processing of a blockchain transaction in a transaction processing network

Info

Publication number
SG11201803742YA
SG11201803742YA SG11201803742YA SG11201803742YA SG11201803742YA SG 11201803742Y A SG11201803742Y A SG 11201803742YA SG 11201803742Y A SG11201803742Y A SG 11201803742YA SG 11201803742Y A SG11201803742Y A SG 11201803742YA SG 11201803742Y A SG11201803742Y A SG 11201803742YA
Authority
SG
Singapore
Prior art keywords
transaction
international
data
blockchain
processing
Prior art date
Application number
SG11201803742YA
Inventor
Dennis Kennedy
Original Assignee
Mastercard International Inc
Priority date (The priority date is an assumption and is not a legal conclusion. Google has not performed a legal analysis and makes no representation as to the accuracy of the date listed.)
Filing date
Publication date
Application filed by Mastercard International Inc filed Critical Mastercard International Inc
Publication of SG11201803742YA publication Critical patent/SG11201803742YA/en

Links

Classifications

    • H—ELECTRICITY
    • H04—ELECTRIC COMMUNICATION TECHNIQUE
    • H04L—TRANSMISSION OF DIGITAL INFORMATION, e.g. TELEGRAPHIC COMMUNICATION
    • H04L9/00—Cryptographic mechanisms or cryptographic arrangements for secret or secure communications; Network security protocols
    • H04L9/50—Cryptographic mechanisms or cryptographic arrangements for secret or secure communications; Network security protocols using hash chains, e.g. blockchains or hash trees
    • G—PHYSICS
    • G06—COMPUTING OR CALCULATING; COUNTING
    • G06Q—INFORMATION AND COMMUNICATION TECHNOLOGY [ICT] SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES, NOT OTHERWISE PROVIDED FOR
    • G06Q20/00—Payment architectures, schemes or protocols
    • G06Q20/04—Payment circuits
    • G06Q20/06—Private payment circuits, e.g. involving electronic currency used among participants of a common payment scheme
    • G06Q20/065—Private payment circuits, e.g. involving electronic currency used among participants of a common payment scheme using e-cash
    • G—PHYSICS
    • G06—COMPUTING OR CALCULATING; COUNTING
    • G06Q—INFORMATION AND COMMUNICATION TECHNOLOGY [ICT] SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES, NOT OTHERWISE PROVIDED FOR
    • G06Q20/00—Payment architectures, schemes or protocols
    • G06Q20/38—Payment protocols; Details thereof
    • G06Q20/40—Authorisation, e.g. identification of payer or payee, verification of customer or shop credentials; Review and approval of payers, e.g. check credit lines or negative lists
    • G06Q20/401—Transaction verification
    • H—ELECTRICITY
    • H04—ELECTRIC COMMUNICATION TECHNIQUE
    • H04L—TRANSMISSION OF DIGITAL INFORMATION, e.g. TELEGRAPHIC COMMUNICATION
    • H04L9/00—Cryptographic mechanisms or cryptographic arrangements for secret or secure communications; Network security protocols
    • H04L9/32—Cryptographic mechanisms or cryptographic arrangements for secret or secure communications; Network security protocols including means for verifying the identity or authority of a user of the system or for message authentication, e.g. authorization, entity authentication, data integrity or data verification, non-repudiation, key authentication or verification of credentials
    • H04L9/3236—Cryptographic mechanisms or cryptographic arrangements for secret or secure communications; Network security protocols including means for verifying the identity or authority of a user of the system or for message authentication, e.g. authorization, entity authentication, data integrity or data verification, non-repudiation, key authentication or verification of credentials using cryptographic hash functions
    • H—ELECTRICITY
    • H04—ELECTRIC COMMUNICATION TECHNIQUE
    • H04L—TRANSMISSION OF DIGITAL INFORMATION, e.g. TELEGRAPHIC COMMUNICATION
    • H04L2209/00—Additional information or applications relating to cryptographic mechanisms or cryptographic arrangements for secret or secure communication H04L9/00
    • H04L2209/56—Financial cryptography, e.g. electronic payment or e-cash

Landscapes

  • Business, Economics & Management (AREA)
  • Engineering & Computer Science (AREA)
  • Accounting & Taxation (AREA)
  • Computer Security & Cryptography (AREA)
  • Strategic Management (AREA)
  • General Business, Economics & Management (AREA)
  • General Physics & Mathematics (AREA)
  • Physics & Mathematics (AREA)
  • Theoretical Computer Science (AREA)
  • Finance (AREA)
  • Computer Networks & Wireless Communication (AREA)
  • Signal Processing (AREA)
  • Financial Or Insurance-Related Operations Such As Payment And Settlement (AREA)
  • Management, Administration, Business Operations System, And Electronic Commerce (AREA)

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.
SG11201803742YA 2015-11-05 2016-11-02 Method and system for processing of a blockchain transaction in a transaction processing network SG11201803742YA (en)

Applications Claiming Priority (2)

Application Number Priority Date Filing Date Title
US14/933,572 US20170132626A1 (en) 2015-11-05 2015-11-05 Method and system for processing of a blockchain transaction in a transaction processing network
PCT/US2016/060017 WO2017079218A1 (en) 2015-11-05 2016-11-02 Method and system for processing of a blockchain transaction in a transaction processing network

Publications (1)

Publication Number Publication Date
SG11201803742YA true SG11201803742YA (en) 2018-06-28

Family

ID=57286898

Family Applications (1)

Application Number Title Priority Date Filing Date
SG11201803742YA SG11201803742YA (en) 2015-11-05 2016-11-02 Method and system for processing of a blockchain transaction in a transaction processing network

Country Status (10)

Country Link
US (1) US20170132626A1 (en)
EP (1) EP3371758A1 (en)
JP (1) JP6633749B2 (en)
CN (1) CN108292396A (en)
AU (2) AU2016350870A1 (en)
BR (1) BR112018009007A8 (en)
CA (1) CA3004424C (en)
MX (1) MX2018005593A (en)
SG (1) SG11201803742YA (en)
WO (1) WO2017079218A1 (en)

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