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Block chain transaction management system and method

A transaction management and blockchain technology, applied in payment systems, payment architecture, data processing applications, etc., can solve problems affecting blockchain access and usage efficiency, and achieve the effect of reducing storage capacity

Active Publication Date: 2017-10-10
GIESECKE & DEVRIENT (CHINA) INFORMATION TECH CO LTD
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  • Abstract
  • Description
  • Claims
  • Application Information

AI Technical Summary

Problems solved by technology

[0004] However, as the scale of the blockchain continues to expand, the amount of storage required for block data continues to increase, and the time to locate or count data from the blockchain and the waiting time required to upload transaction data to the chain will also increase with the block. The increase in the number and transaction volume has affected the access and usage efficiency of the blockchain

Method used

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  • Block chain transaction management system and method
  • Block chain transaction management system and method
  • Block chain transaction management system and method

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Embodiment Construction

[0034] In order to make the object, technical solution and advantages of the present invention clearer, the present invention will be further described in detail below through specific embodiments in conjunction with the accompanying drawings. It should be understood that the specific embodiments described here are only used to explain the present invention, not to limit the present invention.

[0035] figure 1 A schematic structural diagram of a blockchain transaction management system according to an embodiment of the present invention is given. The system mainly includes authoritative parties, bookkeepers and users. The authoritative party is a credible role trusted by bookkeepers and users, which can be government agencies, industry organizations, companies or even individuals. In this article, the authoritative party is not limited to a specific organization or individual. There can be multiple authoritative parties responsible for different businesses, such as an autho...

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Abstract

The invention provides a block chain transaction management system and method. An authority party counts balances and states of all accounts related to the oldest top blocks in a block chain at the right time, releases the counted information in a clearing message; and a bookkeeper responds to determining that the received clearing message is from the authority party and replaces the blocks counted by the authority party with the clearing message as the first block of the block chain, so that the storage capacity of blocks at various nodes in a block chain system can be reduced, the workload of backtracking the transaction history when the bookkeeper validates the effectiveness of the transaction message is reduced, meanwhile, the time of positioning or counting the data from the block chain and the waiting time required for reporting the transaction data to the chain are also shortened, the transaction speed is increased and the access efficiency of the block chain is improved.

Description

technical field [0001] The present invention relates to blockchain technology, in particular to a transaction management system and method based on blockchain. Background technique [0002] Blockchain is a chained data structure that combines data blocks in a sequential manner in chronological order, and is a cryptographically guaranteed non-tamperable and unforgeable distributed accounting system. Structurally, a block usually includes two parts: a header and a body. The block header is used to link to the previous block, and the transaction information recorded in the block body is all the value exchange activities that occurred after the previous block was formed and before the block was created. This feature ensures the integrity of the database. Every piece of transaction data on the blockchain can be traced back to the source through the structure of the "blockchain" and verified one by one. [0003] The blockchain solves the problems of decentralization and trustles...

Claims

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Application Information

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Patent Type & Authority Applications(China)
IPC IPC(8): G06Q40/04G06Q20/36G06Q20/10G06Q20/38
CPCG06Q20/102G06Q20/3678G06Q20/3825G06Q20/3829G06Q40/04
Inventor 伍鹏程
Owner GIESECKE & DEVRIENT (CHINA) INFORMATION TECH CO LTD
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