{"schema_version":"1.0","canonical_url":"https://patentable.app/patents/US-11271729","patent":{"patent_number":"US-11271729","title":"System and method for multi-party generation of blockchain-based smart contract","assignee":null,"inventors":[],"filing_date":"2018-12-12T00:00:00.000Z","publication_date":"2022-03-08T00:00:00.000Z","cpc_codes":["H04L","H04W","G06F","G06F","H04L","H04L","H04L","H04L","H04L","H04L","H04L","H04L"],"num_claims":20,"abstract":"Systems and methods described herein relate to techniques that allow for multiple parties to jointly generate or jointly agree upon the parameters for generation of a smart contract, such as a verification key. Execution of the smart contract may be performed by a third party, for example, a worker node on a blockchain network. Techniques described herein may be utilised as part of a protocol in which parties of a smart contract share powers of a secret in a manner that allows each party to determine an identical common reference string, agree on parameters for a smart contract agree and/or make proportionate contributions the smart contract, and combinations thereof. The smart contract may be published to a blockchain network (e.g., Bitcoin Cash). The protocol may be a zero-knowledge protocol."},"analysis":{"summary":null,"layman_explanation":null,"technical_analysis":null,"business_analysis":null,"faqs":null,"topics":[],"tech_cluster":null},"seo":{"title":"System and method for multi-party generation of blockchain-based smart contract","description":"Systems and methods described herein relate to techniques that allow for multiple parties to jointly generate or jointly agree upon the parameters for generation of a smart contract, such as a verific","keywords":[]},"attribution":{"source":"Patentable","source_url":"https://patentable.app","canonical_url":"https://patentable.app/patents/US-11271729","license":"CC-BY-4.0-like","license_terms":"AI-generated analysis on this page (summary, layman_explanation, technical_analysis, business_analysis, faqs) may be reused with attribution and a visible link back to the canonical URL above. Patent abstracts, claims, and bibliographic data are USPTO public domain.","required_link":"https://patentable.app/patents/US-11271729","citation_suggestion":"Patentable. \"System and method for multi-party generation of blockchain-based smart contract\" (US-11271729). https://patentable.app/patents/US-11271729","copyright_holder":"Nomic Interactive Technology LLC"},"links":{"html":"https://patentable.app/patents/US-11271729","json":"https://patentable.app/api/llm-context/US-11271729","site":"https://patentable.app","llms_txt":"https://patentable.app/llms.txt"},"generated_at":"2026-05-30T21:45:01.088Z"}