NChain Licensing AG (20250088370). ENFORCING CONDITIONS ON BLOCKCHAIN TRANSACTIONS

ENFORCING CONDITIONS ON BLOCKCHAIN TRANSACTIONS

Organization Name

nChain Licensing AG

Inventor(s)

Wei Zhang of London (GB)

ENFORCING CONDITIONS ON BLOCKCHAIN TRANSACTIONS

This abstract first appeared for US patent application 20250088370 titled 'ENFORCING CONDITIONS ON BLOCKCHAIN TRANSACTIONS

Original Abstract Submitted

a computer-implemented method of enforcing conditions on a second blockchain transaction using a first blockchain transaction, wherein a first one of the conditions is that, when a first unlocking script of the second transaction is executed alongside a first locking script of the first transaction, a representation of the second transaction is output to memory, wherein the representation is based on a plurality of fields of the second transaction and a first output of the first transaction, and wherein the method comprises: generating the first transaction, wherein the first transaction comprises a first output, wherein the first output comprises the first locking script, and wherein the first locking script comprises: a message sub-script; a signature sub-script; a public key corresponding to a private key; and a verification sub-script.