US Patent 11271751 Distributed data records

Embodiment create and validate a digital record that represents an asset. Embodiments obtain a first private key and a first public key that corresponds to a creator of the digital record and generates one or more parameters for the digital record, where a first parameter of the parameters is related to transactions of the digital record. Embodiments generate one or more rules for the digital record, where a first rule of the rules corresponds to the first parameter and constrains the transactions. Using the first private key, embodiments compute a first digital signature of all of the first public key, the parameters and the rules and creates a first digital record comprising the first public key, the parameters, the rules and the first digital signature.