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Blockchain lifecycle management

A life cycle, blockchain technology, applied in the field of blockchain management, can solve problems such as small storage optimization and complex implementation

Active Publication Date: 2020-07-14
IBM CORP
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  • Summary
  • Abstract
  • Description
  • Claims
  • Application Information

AI Technical Summary

Problems solved by technology

Storage constraints have also undergone optimal changes from the current operating infrastructure, however, there are currently additional challenges such as pruning of data, which removes unnecessary data on fully spent transactions, which unfortunately only results in relatively small storage optimization
Other approaches such as using 'sidechains' or alternative chains (where older transactions may be forgotten by the network) that merge transactions back (i.e. simplify / reduce) into another / smaller type of blockchain offer only limited , because the implementation of this implementation is complex
Also, peer-to-peer transactions that are merged back into the blockchain offer limited results as they are often complex to implement

Method used

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  • Blockchain lifecycle management
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Examples

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Embodiment Construction

[0015] It will be readily understood that the instant components may be arranged and designed in a variety of different configurations, as generally described and illustrated in the figures herein. Accordingly, the following detailed description of embodiments of at least one of a method, apparatus, non-transitory computer-readable medium, and system, as shown in the accompanying figures, is not intended to limit the scope of the claimed application, but merely represents Selected embodiment.

[0016] The immediate features, structures or characteristics described throughout this specification may be combined in any suitable manner in one or more embodiments. For example, use of the phrase "example embodiments," "some embodiments," or other similar language throughout this specification refers to the fact that a particular feature, structure, or characteristic described in connection with the embodiments can be included in at least one embodiment. Thus, appearances of the phr...

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Abstract

An example operation may include one or more of identifying one or more attributes of a blockchain, determining the blockchain should be closed based on the one or more attributes, closing the blockchain, creating a new blockchain, identifying one or more assets from the blockchain, and creating a carry-over transaction based on the one or more assets of the blockchain.

Description

technical field [0001] This application relates generally to managing blockchains, and more specifically to blockchain lifecycle management. Background technique [0002] Blockchain can be used as a public ledger to store any kind of information. Although primarily used for financial transactions, blockchains can store any type of information, including assets (ie, products, packaging, services, status, etc.). A decentralized scheme imparts authority and trust to a decentralized network and enables its nodes to continuously and sequentially record their transactions on public "blocks," creating a unique "chain" known as a blockchain. Passwords via hash codes are used to protect the authentication of transaction origin and remove central intermediaries. Blockchains are distributed databases that maintain a continuously growing list of records in blockchain blocks that are protected from tampering and modification due to their immutable properties. Each block contains a tim...

Claims

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Application Information

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Patent Type & Authority Applications(China)
IPC IPC(8): G06F16/901
CPCG06F16/9014H04L9/3239H04L2463/102H04L63/123H04L9/50H04L9/0637H04L9/00
Inventor A·希尔瓦H·库尼科S·邓恩L·哈尔普尔
Owner IBM CORP