Alibaba Seeks Patent for Blockchain that Allows ‘Administrator Intervention’

Chinese e-commerce giant Alibaba has applied to patent a blockchain system that allows a third-party administrator to execute “special transactions” such as halting a smart contract or freezing an account linked to illegal activity. According to documents made public on Thursday by the U.S. Patent & Trademark Office (USPTO), the Hangzhou-based firm submitted the application

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Alibaba Seeks Patent for Blockchain that Allows ‘Administrator Intervention’ written by Josiah Wilmoth @ https://www.ccn.com/alibaba-seeks-patent-for-blockchain-that-allows-administrator-intervention/ October 4, 2018 Josiah Wilmoth

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