Mastercard Incorporated
Method and system for data localization-compliant blockchain processing and storage
Last updated:
Abstract:
A method for ensuring compliance with data localization rules and regulations for blockchain data values in a blockchain network includes: a local node in a first country receiving a submission for a new blockchain transaction; identifying that the new blockchain transaction involves at least one entity in a foreign country; confirming the new blockchain transaction; transmitting the confirmed blockchain transaction to a foreign node located in the foreign country; generating a new block in the local node that includes the confirmed blockchain transaction; and distributing the new block to other nodes located in the same country as the local node.
Status:
Grant
Type:
Utility
Filling date:
24 Jul 2019
Issue date:
12 Apr 2022