Information storage and retrieval using an off-chain isomorphic database and a distributed ledger

US11216448B2 · kind B2 · utility

Assignee

• Ernst & Young U.S. LLP · US

Inventors

• Paul Richard Brody · Woodside, US
• Duncan James Westland · Woking, GB
• Chaitanya Reddy Konda · London, GB

Key dates

• Filing date: Mar 29, 2021
• Grant date: Jan 4, 2022
• Expiry date: Mar 29, 2041

Classification

• Technology area (CPC H): Electricity
• CPC primary: H04L9/50
• WIPO field: IT methods for management
• WIPO sector: Electrical engineering

Abstract

A processor-implemented method for the ownership transfer and tracking of tangible assets using a blockchain is described. In an embodiment, the method includes generating a root node associated with a tangible asset via a processor. The root node has a first hash value that represents a storage location of the root node, data associated with a tangible asset, and a second hash value that represents a storage location of the subsidiary node. The method also includes storing a hierarchical hash-linked tree structure in a non-transitory, processor-readable memory. The hierarchical hash-linked tree structure can include multiple nodes. The multiple nodes include the root node and the subsidiary node. The subsidiary node has the second hash value, and data associated with a tangible sub-asset of the tangible asset.