Looking for breakthrough ideas for innovation challenges? Try Patsnap Eureka!

Smart contract type implementation mode of quantum chain system

A smart contract and contract technology, applied in the payment system, payment system structure, instruments, etc., can solve the problems of judging the lag of the system, not being able to trust the contracting party immediately, and being easily interfered, and achieve the effect of high execution reliability

Inactive Publication Date: 2017-06-27
钱德君
View PDF1 Cites 25 Cited by
  • Summary
  • Abstract
  • Description
  • Claims
  • Application Information

AI Technical Summary

Problems solved by technology

However, the judgment system has defects such as hysteresis, easy to be destroyed, and easy to be interfered.
Contracting parties may come from different countries, and there are certain difficulties in reaching a contract. The contracting party cannot be trusted immediately. The cost of concluding a contract is too high, and the cost of resolving conflicts in the process of concluding a contract is too high

Method used

the structure of the environmentally friendly knitted fabric provided by the present invention; figure 2 Flow chart of the yarn wrapping machine for environmentally friendly knitted fabrics and storage devices; image 3 Is the parameter map of the yarn covering machine
View more

Image

Smart Image Click on the blue labels to locate them in the text.
Viewing Examples
Smart Image
  • Smart contract type implementation mode of quantum chain system
  • Smart contract type implementation mode of quantum chain system
  • Smart contract type implementation mode of quantum chain system

Examples

Experimental program
Comparison scheme
Effect test

Embodiment 1

[0020] Embodiment 1: In the blockchain system, the execution steps of a general contract are as follows:

[0021] 1. All parties involved in the contract agree to the details of the contract;

[0022] 2. Negotiate and reach an agreement on the details of the contract;

[0023] 3. After the execution date, the contract parties share the transaction;

[0024] 4. Execution is complete.

[0025] If the parties to the contract cannot reach an agreement, the payment of the transaction cannot be completed. Therefore, an arbitrator is required to mediate between contracting parties. The arbitrator is often a trusted third party, such as a government organization, an arbitration court, etc. The arbitrator needs to complete the following actions:

[0026] 1. The arbitrator checks the content of the contract;

[0027] 2. Review the materials given by the contracting party;

[0028] 3. To decide on the outcome of the contract;

[0029] 4. Force the contracting party to execute acc...

Embodiment 2

[0050] The execution of smart contracts generally requires the definition of transaction inputs and transaction outputs in advance. When the recipient of the transaction and the amount of the transaction are determined, the recipient of the transaction will immediately get their due money. Once the smart contract is changed, the receiver and quantity of the transaction cannot be determined. When the execution time comes, the smart contract can make due judgments.

[0051] When the output of the transaction is uncertain, there is a time axis relationship from the creation of the transaction to the execution of the transaction. Between the creation time of the transaction and the execution time of the transaction, a smart contract is created. When the transaction execution time is reached, the smart contract makes a corresponding response. The decision to decide the output, such as image 3 shown.

[0052]There are two main types of smart contract transactions: smart contract...

the structure of the environmentally friendly knitted fabric provided by the present invention; figure 2 Flow chart of the yarn wrapping machine for environmentally friendly knitted fabrics and storage devices; image 3 Is the parameter map of the yarn covering machine
Login to View More

PUM

No PUM Login to View More

Abstract

The invention relates to a smart contract type implementation mode of a quantum chain system. The smart contract type implementation mode includes the realization of smart contract execution logic, the realization of smart contract transaction logic, and the construction of smart contract transaction specification. The smart contract type implementation mode is advantageous in that the execution of a smart contract is highly reliable; even if the parties of the smart contract do not trust each other, the transaction of the smart contract can also be carried out; a mediator is not needed to mediate between the parties; and block chain books in the quantum chain system can be executed automatically without the need for additional personnel.

Description

technical field [0001] The invention relates to an intelligent contract of a block chain system on the Internet, and is an implementation method of an intelligent contract type of a quantum chain system. Background technique [0002] The quantum chain system is a blockchain ecosystem after Bitcoin and Ethereum. In the blockchain ecosystem, contracts are used to conclude transactions and are an important part. During the execution of a general contract, if the contracting parties cannot agree with each other, the transaction cannot be completed. Arbitrators are often required to mediate between contracting parties, and judgment systems are required to judge smart contracts. But the judgment system has defects such as hysteresis, easy to be destroyed, and easy to be interfered. Contracting parties may come from different countries, and there are certain difficulties in reaching a contract. The contracting party cannot be trusted immediately, the cost of reaching a contract ...

Claims

the structure of the environmentally friendly knitted fabric provided by the present invention; figure 2 Flow chart of the yarn wrapping machine for environmentally friendly knitted fabrics and storage devices; image 3 Is the parameter map of the yarn covering machine
Login to View More

Application Information

Patent Timeline
no application Login to View More
Patent Type & Authority Applications(China)
IPC IPC(8): G06Q20/38
CPCG06Q20/389
Inventor 钱德君
Owner 钱德君
Who we serve
  • R&D Engineer
  • R&D Manager
  • IP Professional
Why Patsnap Eureka
  • Industry Leading Data Capabilities
  • Powerful AI technology
  • Patent DNA Extraction
Social media
Patsnap Eureka Blog
Learn More
PatSnap group products

Browse by: Latest US Patents, China's latest patents, Technical Efficacy Thesaurus, Application Domain, Technology Topic, Popular Technical Reports.

© 2024 PatSnap. All rights reserved.Legal|Privacy policy|Modern Slavery Act Transparency Statement|Sitemap|About US| Contact US: help@patsnap.com