Abstract:
The invention provides a generic operating system for coordinating, controlling and/or influencing the activities of a device. The invention is implemented using a blockchain platform with which the operating system is arranged to interact. The blockchain may be the Bitcoin blockchain. In a preferred embodiment, the device is an Internet of Things (IOT) device. The invention provides a computer-implemented control system and corresponding method for controlling a device, the system comprising a device configured for wireless communication with a network and having an IP address and a public-private key cryptographic key pair associated with the device; a software-implemented control component arranged to monitor the state of a blockchain network and/or transmit blockchain Transactions to the blockchain network; and a set of instructions arranged for execution by the control component to control the functionality of the device. The control component is arranged to access the set of instructions from a stored location which is separate to the device. The instructions may be stored in a Distributed Hash Table (DHT) and accessed for download and installation by the control component from the DHT as and when needed. The location of the DHT and/or instructions may be indicated or provided using metadata provided within a blockchain transaction. The set of instructions may be accessed by the control component using a look-up key which is related to a cryptographic key pair. The control component is provided on or in the device, or in other embodiments can be provided in an off-device location and arranged for wireless communication with the device.
Abstract:
The invention presents a solution in which blockchain Transactions are created to implement the functionality of a logic gate. The invention may be implemented on the Bitcoin platform or an alternative blockchain platform. The transaction includes a locking script which comprises instructions selected so as to implement the functionality of a logic gate such as OR, AND, XOR, NOT and so on. In some examples, the instructions may be provided in a hashed form. When the script is executed (because a second transaction is attempting to spend the output associated with the locking script) the inputs will be processed by the conditional instructions to provide an output of TRUE or FALSE. The second transaction is transmitted to the blockchain network for validation and, if determined to be valid, it will be written to the blockchain. Validation of the second transaction can be interpreted as a TRUE output. Thus, the locking script of the first transaction provides the functionality of the desired logic gate. The invention provides numerous advantages and can be used in a wide variety of applications, such as for the implementation of control systems and processes.
Abstract:
The invention relates to blockchain technologies such as the Bitcoin ledger, and for the control and performance of secure, efficient exchanges conducted via the blockchain. It comprises tokenisation techniques and methods for embedding metadata in a blockchain transaction. It provides a computer implemented method for performing a transfer, the method comprising scanning entries in a distributed hash table (DHT) distributed across a first network, the DHT comprising a plurality of entries, each entry comprising an invitation to perform an exchange and a link to a transaction on a peer-to-peer (P2P) distributed ledger distributed across a second network, each invitation including metadata comprising an indication of entities to be exchanged and one or more conditions for the exchange; determining a match between a first set of metadata in a first invitation of a first entry from a first user and a second set of metadata in a second invitation of a second entry from a second user, the determining comprising: identifying a match between indications of entities to be exchanged in the first and second invitations; and identifying a match between one or more of the conditions of the first invitation and one or more of the conditions of the second invitation; generating a first exchange transaction; and broadcasting, over the second network, the first exchange transaction for inclusion on a P2P distributed ledger, wherein the first exchange transaction comprises: an indication of a first quantity of a cryptocurrency to be transferred; a first input provided from an output of a transaction on the P2P distributed ledger linked to the first entry; a first script, a first user private key associated with the first user, a first third-party private key associated with a first third-party, wherein the first script comprises: the first set of metadata, a first user public key associated with the first user, the first user public key being a cryptographic pair with the first user private key, and a first third-party public key pair associated with the first third-party, the first third-party public key being a cryptographic pair with the first third-party private key and a first output indicating a transfer of a first quantity of the first entity from the first user to the second user
Abstract:
A method (400) of encrypting data at an electronic device (3) where the electronic device is associated with a key device (5). Each device is associated with an asymmetric cryptography pair, each pair including a first private key and a first public key. Respective second private and public keys may be determined based on the first private key, first public key and a deterministic key. A secret may be determined based on the second private and public keys. The data at the electronic device (3) may be encrypted using the determined secret or an encryption key that is based on the secret. Information indicative of the deterministic key may be sent to the key device (5) where the information may be stored.
Abstract:
A method of sharing a secret value is disclosed. The method comprises distributing respective first shares of a first secret value, known to a first participant (P i ), to a plurality of second participants (P j≠i ), wherein said first shares are encrypted by means of at least one private-public key pair comprising a private key and a public key being an elliptic curve generator point multiplied by the private key and wherein a first threshold number of first shares is required in order to enable a second participant to determine the first secret value. At least one second share of a respective second secret value is received from each of a plurality of second participants, wherein the second shares are encrypted by means of at least one private-public key pair comprising a private key and a public key being an elliptic curve generator point multiplied by the private key, and a second threshold number of second shares is required in order to enable a participant other than that second participant to determine the second secret value. A third share of a third secret value is formed from a plurality of second shares, wherein a third threshold number of third shares is required in order to enable the third secret value to be determined.
Abstract:
A computer-implemented method (600) and system (1) for verifying ownership of a computer software after installation and prior to execution using a distributed hash table (13) and a peer- to-peer distributed ledger (14). This may be the Bitcoin blockchain or an alternative implementation. The method includes determining (610) a second user public key associated with a second user (24) from a transaction record stored on the peer-to-peer distributed ledger (14). A second public key associated with the second user may be determined (620) from an entry on the distributed hash table (13). The method further includes comparing (630) the second user public key and the second public key, and verifying (640) the ownership of the computer software based on the comparing of the second user public key and the second public key.
Abstract:
The invention comprise s a computer - implemented method and system for control ling an exchange process, such as a loan, conducted between at least two parties via a blockchain such as the Bitcoi n blockchain. A method according to the invention may comprise the step of generating a first blockchain transaction which includes a redeem script. The redeem script comprises a cryptographic public key associated with an initiating party and metadata w hich includes a hash of an exchange - related document; a redeem address; and an amount of digital currency. A second blockchain transaction is generated and published to the blockchain so as to spend the digital currency to the redeem address. This provid es the advantage that the further transaction will be publically available and thus detectable by other parties once it has been published. The further transaction can provide the information necessary to trigger a response e.g. an offer from another (res ponding) party who publishes their response on the blockchain. Thus, the exchange process can be implemented via a multi - transaction mechanism on the blockchain rather than an alternative medium. The exchange related document may be an invitation (offer/ request) which is stored off - block in a repository such as a Distributed Hash Table (DHT). The invitation may be an invitation to engage in a contract. A smart contract (and associated blockchain transaction) may be formed upon condition that a plurality of participants (e.g. lenders/borrowers) are matched with each other via one or more responses effected via transactions on the blockchain.
Abstract:
The invention relates to the fields of tokenisation, blockchain and smart contract technologies. It provides a technical arrangement which simplifies the automated management of contracts. The invention comprises a method and system which use a computer-based repository for storage of the contract. The contract is then represented by a transaction on the blockchain. Metadata within the transaction's script includes a hash of the contract and a means of identifying its location within the repository. The transaction also includes an unspent output (UTXO) which indicates its status as an open (ie not terminated) contract. The contract is terminated by spending the output at a later point in time, for example, using n Lock Time + Check Lock Time Verify (CLTV). By combining this concept with other techniques and computing components, the invention can provide a powerful mechanism for implementing various tasks such as renewing or rolling over the contract, or dividing it into sub-contracts or conditions. Furthermore, as the status and existence of the contract is evidence via the blockchain, this provides a permanent, publicly visible and non-alterable record of the contract.
Abstract:
The invention provides a computer- implemented solution for controlling access to a computer-related resource such as, for example, a digital wallet. In one or more embodiments, the wallet may be implemented using a blockchain such as the Bitcoin blockchain but the invention is not limited in this regard. Use of the invention during the initial set-up of the wallet can enable subsequent operations such as wallet transactions to be handled in a secure manner over an insecure channel such as the internet. A method according to an embodiment of the invention can comprise the steps of splitting a verification element (such as a private key in an asymmetric cryptography pair) into a plurality of shares; determining a common secret at two or more nodes in a network; and using the common secret to transmit at least one share of the verification element between the two or more nodes. The shares can be split such that no share on its own is sufficient to arrive at the verification element. This means that no one party stores the entire private key, providing for enhanced security of the key. Two or more shares are required to restore the key. The shares are stored at separate locations one of which is an independent back-up or safe-storage location. If one of the other shares becomes unavailable, the share can be retrieved from back up to ensure that the key (and thus the controlled resource) is still accessible. To ensure safe transmission of the share(s), the common secret is generated at two different nodes independently of each other and then used to generate an encryption key. The encryption key can be used to encrypt at least one share of the verification element, or a message comprising it, to ensure that the share(s) are transmitted securely.
Abstract:
The invention provides methods and systems which enable additional functionality to be inserted into blockchain scripts with ease and in an effective and manner. According to one embodiment, the invention provides a blockchain-implemented method comprising the steps of arranging a plurality or selection of scripting language primitives to provide, upon execution, the functionality of a high-level scripting language primitive, wherein the scripting language is associated with a blockchain protocol; inserting the plurality of scripting language primitives at least once into a script; and inserting the script into blockchain transaction (Tx). The high-level scripting language primitive may perform, for example, an arithmetic operation such as multiplication or division. The scripting language primitives may be called op-codes, words or commands, and are native to the scripting language. The scripting language may be Script, and the blockchain protocol may be a version of the Bitcoin protocol.