Invention Grant
- Patent Title: Compact recordation protocol
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Application No.: US16476649Application Date: 2017-03-10
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Publication No.: US11646891B2Publication Date: 2023-05-09
- Inventor: Quan Wang
- Applicant: Visa International Service Association
- Applicant Address: US CA San Francisco
- Assignee: Visa International Service Association
- Current Assignee: Visa International Service Association
- Current Assignee Address: US CA San Francisco
- Agency: Kilpatrick Townsend & Stockton LLP
- International Application: PCT/US2017/021870 2017.03.10
- International Announcement: WO2018/164695A 2018.09.13
- Date entered country: 2019-07-09
- Main IPC: H04L29/06
- IPC: H04L29/06 ; H04L9/32 ; H04L9/00

Abstract:
A method for efficiently storing and verifying records is disclosed. The method may comprise receiving a first hash of first interaction data and determining an interaction identifier associated with the first hash, then storing the first hash in a database along with the interaction identifier and determining a root hash of a hash tree. In addition, the method may also comprise providing the root hash of the hash tree to a public blockchain. Embodiments of the invention also allow users to easily present records to a third party or inquiring entity. Furthermore, interactions may be processed more quickly than previous blockchain methods that publish to a block during each individual interaction.
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