Raj Jain, Tara Salman, "Systems and Methods for Probabilistic Blockchains," U.S. patent application 16/671780, Filed Nov. 1, 2019, Provisional Application #62/754240 filed Nov. 1, 2018.

ABSTRACT:

A method for constructing blocks to a probabilistic blockchain is provided. The method includes receiving a plurality of transactions from a pularity of agents. Each transaction of the pluarlity of transations includes a confidence rating. The method also includes generating a summary based on the plurality of confidence ratings associated with the plurality of transactions. The method further includes genrating a block based on the summary and the plurality of transactions. Moreover, the method includes transmitting the block to a plurality of nodes for verification. If the block is verified, the method also includes adding the block to the probabilistic blockchain.

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