This invention describes a computer system that maintains a shared, real-time record of transactions between various participants. Specifically, it tracks transactions between every pair of participants. For any proposed change to these records, all of the participants directly involved in that specific change must validate it; otherwise, the change is not applied.
Why it matters: Filed in 2023, the continued maturation of permissioned distributed ledger technologies and the increasing focus on highly consistent, auditable multi-party data sharing in enterprise applications make the strict 'all participants validate' consensus model more practical for niche business transactions.
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