US Patent 11888981 Privacy preserving auditable accounts

An approach for privacy-preserving auditable accounts on blockchain networks. The approach may include encoding tokens associated with a blockchain network. The encoding may include data relating to the current epoch, where an epoch is a specific time range. The tokens may be received from a user for inspection by an auditing entity. The approach may include performing an audit check on the encoded tokens. If the audit check succeeds, the auditing entity may submit an audit transaction verifying the tokens were generated in the current epoch and making the tokens auditable for the next epoch.