System and method for interoperability of blockchains
US11068470B2 · kind B2 · utility
Assignee
Inventor
Key dates
| Filing date | Dec 21, 2018 |
| Grant date | Jul 20, 2021 |
| Priority date | — |
| Expiry date | Dec 21, 2038 |
Classification
- Technology area (CPC H)Electricity
- CPC primaryH04L63/0442
- WIPO fieldDigital communication
- WIPO sectorElectrical engineering
Abstract
Disclosed herein is a system and method for interoperability of blockchains thereby allowing use of smart contracts across blockchains in real time and in a secured manner. A plurality of blockchains are connected to each other and allow use of smart contracts written on them by other connected blockchains without the need of rewriting and/or downloading the smart contract on other blockchain. The disclosed system and methods use a distributed file system storage for secured processing of information flowing from one blockchain to other connected blockchain. Further, each connected blockchain is associated with distinct private and public key in order to encrypt and decrypt the data flowing across blockchains.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.