Oracle Corporation
SYSTEMS AND METHODS OF TRANSACTION IDENTIFICATION GENERATION FOR TRANSACTION-BASED ENVIRONMENT

Abstract:

Described herein are systems and methods for transaction identification (ID) generation in transaction-based environments. The systems and methods provided generated transaction IDs which inherently define a range of values (a range of blockchain heights) within which the transaction is valid. This obviates problems associated with traditional transaction ID databases where a transaction ID only comprises a hashed value. That is, the presently disclosed systems and methods are an improvement over traditional hashing schemes as in traditional hashing schemes, a server must traverse an entire transaction ID database to determine if an incoming transaction is valid.