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QUESTAWEB HOLDINGS INC. (20250069025). HIERARCHICAL BLOCKCHAIN ARCHITECTURE FOR GLOBAL TRADE MANAGEMENT

From WikiPatents

HIERARCHICAL BLOCKCHAIN ARCHITECTURE FOR GLOBAL TRADE MANAGEMENT

Organization Name

QUESTAWEB HOLDINGS INC.

Inventor(s)

David Benayoun of Parkland FL (US)

Leon Turetsky of Bedminster NJ (US)

Jonathan Pekar of La Jolla CA (US)

Felix Pekar of Clarksburg NJ (US)

Eric Pekar of Clarksburg NJ (US)

Mary Benayoun of Parkland FL (US)

HIERARCHICAL BLOCKCHAIN ARCHITECTURE FOR GLOBAL TRADE MANAGEMENT

This abstract first appeared for US patent application 20250069025 titled 'HIERARCHICAL BLOCKCHAIN ARCHITECTURE FOR GLOBAL TRADE MANAGEMENT

Original Abstract Submitted

described is a reactive hierarchical blockchain architecture, system, and methodology for global trade management (gtm). the system includes a comprehensive suite of gtm applications and leverages multi-national content to deliver efficient cross-border transactions anywhere in the world. the tiered computer-implemented system and method allow development of distributed gtm blockchain solutions capable of processing enormous amounts of global content at scale to meet huge transaction volume. the hierarchical blockchain architecture further assures scalability of the gtm solutions described herein by reducing the need for performing extensive calculations on multiple blockchain nodes. the gtm blockchain systems can be standalone or they can feed information into one or more main international trade (itc) blockchains. smart contracts for specific gtm operations are segregated among appropriate childchains and verified by integrated gtm applications executed on permissioned nodes.

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