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AU2017101623A4 - Methods and Systems for providing a platform for Code-Free Blockchain Application and Smart Contract Development - Google Patents

Methods and Systems for providing a platform for Code-Free Blockchain Application and Smart Contract Development Download PDF

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Publication number
AU2017101623A4
AU2017101623A4 AU2017101623A AU2017101623A AU2017101623A4 AU 2017101623 A4 AU2017101623 A4 AU 2017101623A4 AU 2017101623 A AU2017101623 A AU 2017101623A AU 2017101623 A AU2017101623 A AU 2017101623A AU 2017101623 A4 AU2017101623 A4 AU 2017101623A4
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Australia
Prior art keywords
blockchain
enterprises
platform
applications
code
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AU2017101623A
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Kunal Chhabra
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Bloxian International Pty Ltd
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Bloxian Int Pty Ltd
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Publication of AU2017101623A4 publication Critical patent/AU2017101623A4/en
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Abstract

Abstract The enterprise software market is massive, with a forecasted $200 bln to be spent on application integrations by 2019. On average, enterprises deal with dozens, if not hundreds of disparate and isolated custom applications and software service providers to satisfy their needs. Blockchains bear hope for a more interoperable future, with ecosystems founded on open source protocols that allow companies to quickly engage in financial applications, supply chain management and other core services without fracturing business processes across a multitude of applications and software providers. Embodiments of the present invention address these and/or other needs by providing an innovative platform that allows enterprises to develop and deploy Blockchain Applications and Smart Contract visually without code. Embodiments of the present invention will enable enterprises to execute their business processes and extract value from the collective utility of fully interoperable public and private Blockchains and/or will be able to build everything from smart contracts to UI to integration visually without code.

Description

Description
Every twelve to eighteen months, computers double their capabilities, and so do the information technologies that use them. Enterprises are under the pressure to compete with the big players like Google, Apple to deliver similar customer experience to live up to the expectation of the new generation. Enterprises are not sure of where to start and what to explore to remain relevant in the industry? Also they don't have a platform where they can try their problems with different emerging technologies to avoid costly mistakes before implementing them as a project. A recent global survey of more than 2,200 executives shows that Digital IQ scores have stagnated for almost the last 10 years. The main reason for this fall is merging the latest technologies with the existing legacy or digital systems which are running on multiple platforms. Introducing one new system goes through a lot of evaluations within the enterprise which is really a time consuming process which may affect them in winning the race of digital transformation.
Embodiments of the present invention address these and/or other needs by providing an innovative platform that allows enterprises to develop and deploy Blockchain Applications and Smart Contract visually without code. Embodiments of the present invention will enable enterprises to execute their business processes and extract value from the collective utility of fully interoperable public and private Blockchains and/or will be able to build everything from smart contracts to Ul to integration visually without code.
By using this platform enterprises don't require blockchain or DLT experts, as it comes packaged with ready enterprise grade blockchain APIs for both public and private blockchain. This means that enterprises can now focus on creating truly innovative applications that demonstrate the potential of blockchain, and spend less time and resources on integration tasks that are required to stand up a basic PoC or build a Blockchain application. Enterprises are now able to build blockchain application using pre-built API provided on CORDA, Hyperledger, Quorum or on public blockchain like Bitcoin or Ethereum.
Enterprises are now able to connect their systems to the blockchain and make them work efficiently together. This platform will offer full API management gateway with over 300+ ready connectors to secure and manage blockchain APIs, making blockchain capabilities available across the enterprise at less cost.
The platform will also provide enterprises a clear insights from blockchain ledger which can help enterprises gain insights from the transaction data in its underlying ledger, providing important and timely knowledge about your business.
Solution
The platform will help the Enterprises to prepare for the future to attain the art of the next best in the digital transformation journey. It is a powerful platform where the existing digital technologies can be combined with the three essential emerging technologies like Blockchain, loT and Big data to help enterprises accelerate the path to a breakthrough idea and be a market leader.
The Platform comes with the following:
Prebuilt - Configured nodes: The most basic layer of blockchain on which the applications depend is a node. A blockchain network will typically consist of bunch of computers running the same protocol.
The platform will enable enterprises to Onboard any blockchain. The platform would support both permissioned, private and public blockchains.
Public:
The platform would run public nodes of Ethereum and bitcoin blockchains on the cloud environment, validating transactions in the network, thus participating in the consensus process. Transactions can be sent through the network and will be included in the blockchain if they are valid. Transactions can be read on the public block explorer. Transactions are transparent, but anonymous/pseudonumous.
Private:
The platform will spin private network for each enterprise with read and write access restricted to them. Private blockchains are preferred when it comes to scalability and compliance of data privacy rules and other regulatory guidelines. This network can be accessed only the enterprise team members.
Permissioned:
The platform helps to set up the group and create a consortium based network where the consensus process is controlled by a pre-selected set of nodes. Consortium blockchains are mostly recommended for the financial sector use cases.
Pre-built APIs:
The platfrom offers a wide range of apis across the technologies: Blockchain, loT and Big data Blockchain APIs:
The platform is aimed to empower enterprise developers to experiment with distributed ledger technology / blockchain by offering them "a rapid prototyping developer environment." The blockchain API's have customizable features and settings which are designed to be used in enterprise environments.
Developers can create digital assets and configure business logic to transfer assets more securely and privately among members of a permissioned, private and public blockchain apis. loT APIs: REST APIs, are key for connecting devices to the Internet. The platforms Device management APIs grant developers to enable the connecting of things to APIs while retaining the right to revoke that access when necessary. Data APIs enable the devices to transmit data to your applications, acting as a data interface. Service APIs allow your application to control the devices and serve as a function interface.
Big data APIs:
The Platform's APIs sit as a layer between distributed computing applications and storage. Cognitive APIs process complex, unstructured data and deliver analytics. Enterprises can use such APIs to create their own analytics dashboard to understand their own products and services.
Blockchain Analytics API
Big data analytics, machine and deep learning techniques are used to find insights and patterns in blockchain data. Data stored in the blockchain are loaded into the big data platform and analytics is done on the blockchain data. These analytics happen whenever there is a new event on the blockchain. This can help to find fraud and compliance related issues.
Platform's API Management:
Enterprises can utilize the Platform API Management to expose internal service to others in minutes. The platform API gateway provides a wide range of policies for fine-grained control over how, when, and from where your user community can access your APIs. To realize enterprise solutions full potential, the platform offers a range of connectors to connect to a wide variety of data sources, including those in-house, and in private and public cloud applications.
The platform's API Portal allows to define and manage community of API consumers, and publish a single point of API access for internal or external developers. API analytics helps to understand the API performance, usage and errors. It also provides the API metrics to the consumers.

Claims (5)

  1. CLAIMS 1 Embodiments of the present invention provides an innovative platform that allows enterprises to develop and deploy Blockchain Applications and Smart Contract visually without code. Embodiments of the present invention will enable enterprises to execute their business processes and extract value from the collective utility of fully interoperable public and private Blockchains and/or will be able to build everything from smart contracts to Ul to integration visually without code.
  2. 2 The system of claim 1 will enable enterprises don't require blockchain or DLT experts, as it comes packaged with ready enterprise grade blockchain APIs for both public and private blockchain. This means that enterprises can now focus on creating truly innovative applications that demonstrate the potential of blockchain, and spend less time and resources on integration tasks that are required to stand up a basic PoC or build a Blockchain application.
  3. 3 The system of claim 1 will enable enterprises to build blockchain application using pre-built API provided on CORDA, Hyperledger, Quorum or on public blockchain like Bitcoin or Ethereum.
  4. 4 The system of claim 1 will enable Enterprises to connect their systems to the blockchain and make them work efficiently together. This platform will offer full API management gateway with over 300+ ready connectors to secure and manage blockchain APIs, making blockchain capabilities available across the enterprise at less cost.
  5. 5 The system of claim 1 will also provide enterprises a clear insights from blockchain ledger which can help enterprises gain insights from the transaction data in its underlying ledger, providing important and timely knowledge about your business.
AU2017101623A 2017-11-18 2017-11-18 Methods and Systems for providing a platform for Code-Free Blockchain Application and Smart Contract Development Ceased AU2017101623A4 (en)

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Application Number Priority Date Filing Date Title
AU2017101623A AU2017101623A4 (en) 2017-11-18 2017-11-18 Methods and Systems for providing a platform for Code-Free Blockchain Application and Smart Contract Development

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AU2017101623A AU2017101623A4 (en) 2017-11-18 2017-11-18 Methods and Systems for providing a platform for Code-Free Blockchain Application and Smart Contract Development

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AU2017101623A4 true AU2017101623A4 (en) 2018-01-04

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Cited By (7)

* Cited by examiner, † Cited by third party
Publication number Priority date Publication date Assignee Title
CN109360068A (en) * 2018-10-26 2019-02-19 广东电网有限责任公司 A Supply Chain Management Approach Using Blockchain
WO2019145826A1 (en) 2018-01-23 2019-08-01 Poleecy Insurtech S.R.L.S. Method for subscribing insurance policies from geolocated mobile devices with contracting on a distributed database
CN110162559A (en) * 2019-04-13 2019-08-23 山东公链信息科技有限公司 A kind of block chain processing method called based on general JSON synchronization and asynchronous data api interface
US10628454B2 (en) 2018-03-13 2020-04-21 Blockpoint Systems Inc. Relational blockchain database
CN112597140A (en) * 2020-12-24 2021-04-02 河南数权科技有限公司 Data registration and credible circulation system, method, electronic equipment and storage medium
IT202000025675A1 (en) 2020-10-29 2022-04-29 Daicar Rent S R L Start Up Innovativa SYSTEM AND METHOD OF ENABLING CONSULTANCY FOR LONG-TERM RENTAL SERVICES WITH CERTIFIED SIGNING OF CONTRACTS FROM GELOCALIZED MOBILE DEVICES
CN120088065A (en) * 2025-03-03 2025-06-03 金网络(北京)数字科技有限公司 A blockchain supply chain financial connection platform and method

Cited By (9)

* Cited by examiner, † Cited by third party
Publication number Priority date Publication date Assignee Title
WO2019145826A1 (en) 2018-01-23 2019-08-01 Poleecy Insurtech S.R.L.S. Method for subscribing insurance policies from geolocated mobile devices with contracting on a distributed database
US11449948B2 (en) 2018-01-23 2022-09-20 Poleecy Insurtech S.R.L.S. Method for subscribing insurance policies from geolocated mobile devices with contracting on a distributed database
US10628454B2 (en) 2018-03-13 2020-04-21 Blockpoint Systems Inc. Relational blockchain database
CN109360068A (en) * 2018-10-26 2019-02-19 广东电网有限责任公司 A Supply Chain Management Approach Using Blockchain
CN110162559A (en) * 2019-04-13 2019-08-23 山东公链信息科技有限公司 A kind of block chain processing method called based on general JSON synchronization and asynchronous data api interface
CN110162559B (en) * 2019-04-13 2020-07-10 山东公链信息科技有限公司 Block chain processing method based on universal JSON synchronous and asynchronous data API (application program interface) interface call
IT202000025675A1 (en) 2020-10-29 2022-04-29 Daicar Rent S R L Start Up Innovativa SYSTEM AND METHOD OF ENABLING CONSULTANCY FOR LONG-TERM RENTAL SERVICES WITH CERTIFIED SIGNING OF CONTRACTS FROM GELOCALIZED MOBILE DEVICES
CN112597140A (en) * 2020-12-24 2021-04-02 河南数权科技有限公司 Data registration and credible circulation system, method, electronic equipment and storage medium
CN120088065A (en) * 2025-03-03 2025-06-03 金网络(北京)数字科技有限公司 A blockchain supply chain financial connection platform and method

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