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SYSTEMS, METHODS, AND APPARATUSES FOR IMPLEMENTING INTELLIGENT CONSENSUS, SMART CONSENSUS, AND WEIGHTED CONSENSUS MODELS FOR DISTRIBUTED LEDGER TECHNOLOGIES IN A CLOUD BASED COMPUTING ENVIRONMENT
SYSTEMS, METHODS, AND APPARATUSES FOR IMPLEMENTING INTELLIGENT CONSENSUS, SMART CONSENSUS, AND WEIGHTED CONSENSUS MODELS FOR DISTRIBUTED LEDGER TECHNOLOGIES IN A CLOUD BASED COMPUTING ENVIRONMENT
Systems, methods, and apparatuses for implementing distributed ledger technology in a cloud based computing environment in which a distributed ledger technology platform host, having at least a processor and a memory therein, receives a request to add a new block to a blockchain, the new block comprising a plurality of transactions, the request specifying one of a plurality of transaction types. The host selects one of a plurality of consensus protocols for validating the request to add the new block to the blockchain, responsive to the specified transaction type. The host then validates the request to add the new block to the blockchain when consensus is reached according to the selected consensus protocol. Finally, the host adds the new block to the blockchain, responsive to the validation of the request to add the new block to the blockchain.
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