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METHOD AND SYSTEM FOR BLOCKCHAIN VARIANT USING DIGITAL SIGNATURES

  • US 20170180134A1
  • Filed: 12/21/2015
  • Published: 06/22/2017
  • Est. Priority Date: 12/21/2015
  • Status: Active Grant
First Claim
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1. A method for using digital signatures for signing blockchain transactions, comprising:

  • generating, by a generation module of a processing server, a domain key pair comprising a domain private key and a domain public key, wherein the domain public key is signed after generation;

    receiving, by a receiving device of the processing server, a plurality of member public keys, wherein each member public key is received from an associated member of a blockchain network and is a public key in a key pair comprising the member public key and a member private key corresponding to the associated member;

    signing, by a signing module of the processing server, each member public key of the plurality of member public keys using the domain private key;

    receiving, by the receiving device of the processing server, a transaction block from a specific member of the blockchain network, wherein the transaction block includes a plurality of blockchain transaction values and a hash signed using the member private key corresponding to the specific member;

    signing, by the signing module of the processing server, the received transaction block using the domain private key; and

    electronically transmitting, by a transmitting device of the processing server, the signed transaction block.

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