Title:
METHODS AND DEVICES FOR EXECUTING N-TIME HASHED TIME LOCK CONTRACTS
Document Type and Number:
WIPO Patent Application WO/2021/023094
Kind Code:
A1
Abstract:
Disclosed herein are methods, devices, and apparatuses, including computer programs stored on computer-readable media, for executing an N-time hashed time lock contract (N-HTLC). One of the methods includes: recording parameters for the N-HTLC on a blockchain, the parameters including: a hash lock of the N-HTLC, an action to be performed on the blockchain, and a maximum number of times the N-HTLC can be executed; receiving a first request to execute the N-HTLC and a first hash key for unlocking the hash lock of the N-HTLC; determining whether to process the first request to execute the N-HTLC; and in response to a determination to process the first request to execute the N-HTLC, performing the action on the blockchain, and updating the hash lock with the first hash key so that the first hash key will serve as the hash lock for a second request to execute the N-HTLC.
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Inventors:
CAO SHENGJIAO (CN)
YUAN YUAN (CN)
FANG HUI (CN)
YUAN YUAN (CN)
FANG HUI (CN)
Application Number:
PCT/CN2020/105895
Publication Date:
February 11, 2021
Filing Date:
July 30, 2020
Export Citation:
Assignee:
ADVANCED NEW TECHNOLOGIES CO LTD (CN)
International Classes:
G06Q40/04; H04L29/06; H04L9/32
Foreign References:
| SG10201907330A1 | ||||
| CN109409877A | 2019-03-01 | |||
| CN107292621A | 2017-10-24 | |||
| CN109447634A | 2019-03-08 | |||
| US20170338957A1 | 2017-11-23 |
Attorney, Agent or Firm:
BEIJING BESTIPR INTELLECTUAL PROPERTY LAW CORPORATION (CN)
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