CONTROLLING VOLATILITY VIA BLOCKCHAIN

• Main Authors: Deshpande, Pralhad Dinesh, Asif, Muhammad Tayyab
• Format: Patent
• Language: English
• Published: 09.01.2020
• Subjects: CALCULATING; COMPUTING; COUNTING; DATA PROCESSING SYSTEMS OR METHODS, SPECIALLY ADAPTED FORADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORYOR FORECASTING PURPOSES; ELECTRIC COMMUNICATION TECHNIQUE; ELECTRICITY; PHYSICS; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE,COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORY OR FORECASTINGPURPOSES, NOT OTHERWISE PROVIDED FOR; TRANSMISSION OF DIGITAL INFORMATION, e.g. TELEGRAPHICCOMMUNICATION

An example operation may include one or more of receiving cryptocurrency information of a cryptocurrency mined via a blockchain, determining a volatility of the cryptocurrency based on the received cryptocurrency information, in response to the determined volatility being greater than a predetermined threshold, stopping inclusion of transaction data within data blocks for storage on the blockchain, and generating one or more transaction-free data blocks, and storing the one or more transaction-free data blocks within a hash-linked chain of transaction data blocks previously stored on the blockchain.