Visa Inc.
System, method, and apparatus for implementing a blockchain-based entity identification network

Abstract:

Provided is a computer-implemented method for implementing a blockchain-based entity identification network. The method includes establishing a blockchain network including a plurality of nodes, the plurality of nodes including a plurality of client nodes and a plurality of entity nodes, maintaining a distributed ledger on a plurality of administrative nodes of the blockchain network, receiving, from at least one node of the plurality of nodes, entity data and at least one entity identifier, the entity data corresponding to the at least one entity identifier, publishing the entity data to the distributed ledger, querying the distributed ledger based on at least one entity identifier received from a client node, and determining, based on the distributed ledger, entity data corresponding to the at least one entity identifier received from the client node.