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NChain Licensing AG (20240257107). IMPLEMENTING LOGIC GATE FUNCTIONALITY USING A BLOCKCHAIN

From WikiPatents

IMPLEMENTING LOGIC GATE FUNCTIONALITY USING A BLOCKCHAIN

Organization Name

nChain Licensing AG

Inventor(s)

Craig Steven Wright of London GB

Stephane Savanah of London GB

IMPLEMENTING LOGIC GATE FUNCTIONALITY USING A BLOCKCHAIN

This abstract first appeared for US patent application 20240257107 titled 'IMPLEMENTING LOGIC GATE FUNCTIONALITY USING A BLOCKCHAIN

Original Abstract Submitted

techniques are provided to implement the functionality of a logic gate by blockchain transaction. a method includes providing a locking script in a first transaction, comprising an instruction to process boolean input; providing a further transaction having an unlocking script; processing an input signal to provide a boolean input; and using the boolean input to execute the locking and unlocking scripts of the first and further transactions, wherein the computing resource or agent influence the behaviour of a device or process based upon the validity of the further transaction; transmitting the further transaction and/or first transaction to a blockchain network for validation; interpreting the detecting of the further transaction within the blockchain or blockchain network as the true output of a logic gate; and interpreting the failure to detect the further transaction within the blockchain or blockchain network as the false output of the logic gate.

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