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Stock right registration transaction system building method based on alliance chain

A trading system and construction method technology, which is applied in the field of equity registration and trading system construction based on the alliance chain, can solve problems such as information update lag, long transaction cycle, and complicated transaction process, and achieve easy tracking, avoid reconciliation work, and improve The effect of transaction efficiency

Inactive Publication Date: 2017-08-11
HANGZHOU YUNXIANG NETWORK TECH
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  • Summary
  • Abstract
  • Description
  • Claims
  • Application Information

AI Technical Summary

Benefits of technology

This patented innovative method described in this patents allows companies or individuals to create secure electronic documents that are difficult if they don't have their own identity card. They use special hardware called blockschains instead of traditional certificates like tickets. These tokens help prevent fraudulence while still being able to verify its authenticity without relying on trusted authorities. Blockchain technology provides reliable means of managing assets such as stock exchanges and securities transactions. By combining these technologies together, the company achieves greater flexibleness compared to previous systems but also increases efficiency when dealing with large amounts of money overseas. Overall, the current state of affairs requires significant effort towards developing better ways to manage and enforce agreements between buyers and sellers.

Problems solved by technology

This technical issue addressed in this patents relating to both private owned firms and restricted ones who cannot afford an independent charter service provider due to lack of appropriate documentation from governmental authorities like SEC). Additionally, current methods require manual processing of documents related to agreements made through various means including negotiations and disputes over credit cards without providing evidence of trustworthiness.

Method used

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  • Stock right registration transaction system building method based on alliance chain
  • Stock right registration transaction system building method based on alliance chain
  • Stock right registration transaction system building method based on alliance chain

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Embodiment Construction

[0063] In order to describe the present invention more specifically, the technical solutions of the present invention will be described in detail below in conjunction with the accompanying drawings and specific embodiments.

[0064] The present invention proposes an equity registration transaction system based on alliance chain, which uses alliance chain as technical support and combines existing laws and regulations to provide a brand-new equity digital unique certificate; it is different from centralized central registration and settlement institutions , the system of the present invention adopts a distributed technical framework, and all participating subjects jointly maintain equity registration and transaction books, ensuring the openness, transparency, authenticity and credibility of equity registration and transactions, effectively reducing the credit risk of transactions, and avoiding the need to maintain paper shareholders. Significantly improve the efficiency of equit...

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PUM

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Abstract

The invention discloses a stock right registration transaction system building method based on an alliance chain, and the method takes the alliance chain as the technical support. Combined with the conventional laws and regulations, the method provides a brand new stock right digitalization unique certificate. Different from a centralized central registration settlement mechanism, the system employs a distributed technical configuration, and all participants jointly maintain a stock right registration and transaction account book, thereby guaranteeing the public transparent and real and reliable stock right registration and transaction, effectively reducing the credit risks of transaction, avoiding the maintenance of a paper stock transfer book, and greatly improving the stock right registration and transaction efficiency. In addition, the method enables the block chain technology to be used in the field of stock right transaction business for the first time, builds a unified and standard stock right transaction platform, achieves the digitalized management of the stock rights, can effectively prevent the credit risks of stock right transaction, improves the transaction and supervision efficiency, and reduces the transaction cost.

Description

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Claims

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Application Information

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Owner HANGZHOU YUNXIANG NETWORK TECH
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