Method and system for dispute resolution in a public blockchain
US11138572B2 · kind B2 · utility
Assignee
Inventor
Key dates
| Filing date | Sep 26, 2018 |
| Grant date | Oct 5, 2021 |
| Priority date | — |
| Expiry date | May 5, 2039 |
Classification
- Technology area (CPC H)Electricity
- CPC primaryH04L2209/56
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
A method for dispute resolution for a blockchain transaction includes: receiving a dispute request from a first computing device including a blockchain transaction identifier and a reason code; identifying a blockchain data value included in a blockchain that includes the blockchain transaction identifier, a merchant blockchain address, and a currency amount; determining eligibility of the blockchain data value for reversal based on application of one or more reversal rules to at least one of: transaction data included in the blockchain data value or external data identified from the transaction data included in the blockchain data value; performing a dispute resolution process for the blockchain data value that includes receiving a merchant digital signature from a second computing device; and transmitting the merchant digital signature and the currency amount to a node in the blockchain network associated with the blockchain.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.