The U.S. Patent and Trademark recently published the details of a ‘Mastercard patent’ that explains a cluster or companymay requireto storeseveral typesoftransactiondataona singleplatform –one thingthat’spresently very troublesometo tryona singleblockchain.
To counter this issue, MasterCard describesthat how a particularblock-generationmethodologyfor a permissioned blockchaincould ensure thattotally differentblocks storedifferent typesof data.
The document,thatwasinitiallyfiled earlier inJuly2016, explains that “thetransaction datarecordsheldwithin the blocks comprising a blockchainareusuallyneededto be ofsameformat andembodythe same types, andgenerallyeven sizes, of data.”
Rather than, in any case of associated entity that desires to employ multiple forms of blockchains, like different blockchain for other different currencies, that source might possibly require to run multiple blockchain platforms, that in return would perhaps require very large computation power.
The patent further adds:
“Thereis a requirementfor a technologicalresolutionto offerapartitioned blockchainthat’scapable of storing multiple formats of transactionand typesin a verysingle blockchain, reducing the computing resources andhashingpowerneededforimplementingand operation of the blockchain,whereasadditionally providingincreasedusage of permissions for permissioned blockchains.”
The patent adds thata considerablypartitionedblockchaincouldreceiveinfoconcerningtransaction typesfromtotally differentcomputing devices.Everypartition,mentionedpotentiallyas a “subnet” by the patent, would storedata abouta fewspecifictype ofcurrency or otherwise holddiffering typesof datathanthe othersubnets.
Amongfinancialcorporations, Mastercard has become a prolific filer ofprojectedpatents, all developed aroundnumeroususe cases of the technology.