Technical Description
The invention describes a block chain system for block operation, combining pre-computed states from succeeding blocks with current transactions. This helps in obtaining a state for storage in a next succeeding block. Then a consensus protocol is used to finalize the transactions, making the system more efficient and scaling up computation in block chains.
Problems Addressed
- State Validation Delays
- Verifier’s Dilemma
- Consensus Phase Inefficiencies
- Empty Block Creation
- Complex Transaction Validation
- Block Propagation Latency
Tech Features
- Parallel State Computation
- Pre-computed Block States
- Consensus Mechanism Integration
- Post-validation Time Optimization
- Dynamic Transaction Validation
- Token-based Transaction Handling
- Proof-of-work Optimization
- Height-based Block Management
Target Audience
- Banking and Finance Sector
- Defence and Military Sector
- Logistics and Transportation
- Cloud Computing Industry
- Research & Development
Tech ID: P06-1501 TRL 4 Patent Status: Granted Available For Exclusive and Non-exclusive License
