Management system and method for realizing stock trading by using block chain

A stock trading and management system technology, applied in data processing applications, finance, instruments, etc., can solve problems such as confirmation and reconciliation process time-consuming, judicial insecurity, and increased intermediary business costs, so as to reduce manual operation risks and improve Transaction efficiency and the effect of reducing transaction costs

Active Publication Date: 2021-06-01
WUHAN UNIV OF TECH
View PDF9 Cites 0 Cited by
  • Summary
  • Abstract
  • Description
  • Claims
  • Application Information

AI Technical Summary

Problems solved by technology

[0003] 1) Manual confirmation and reconciliation of transaction details between clients, brokers, China Securities Depository and Clearing Corporation Limited (CSDCC) and trust banks is still mandatory before processing and settlement of a transaction, confirmation, reconciliation process time-consuming;
[0004] 2) Frequent changes in account information / instructions will lead to increased intermediary business costs and transaction fees, which are prone to operational risks;
[0005] 3) Traditional asset management such as equity and transaction information in the securities field are managed by different intermediary agencies. Asset transaction costs are high, and there are information falsification and leakage, which in turn leads to shady transactions due to judicial insecurity and regulatory loopholes.

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
  • Management system and method for realizing stock trading by using block chain
  • Management system and method for realizing stock trading by using block chain

Examples

Experimental program
Comparison scheme
Effect test

Embodiment Construction

[0037] The present invention will be further described in detail below in conjunction with the accompanying drawings and specific embodiments.

[0038] figure 1 The architecture diagram of the management system for stock trading realized by block chain constructed for the present invention. The system is used to execute the process that user 1 conducts stock transactions to CSDCC4 and trust bank 5 through broker dealer 2 and stock exchange 3, including information entry component A, stock transaction execution component B, stock transaction clearing and settlement component C, Information decision-making component D and blockchain component E.

[0039] Information entry component A: used for user 1 to enter user information and transaction order information. The information entry component A includes a user account management module for managing user account information and a transaction order management module for managing transaction order information. Transaction order i...

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 discloses a management system and method for realizing stock transactions by using block chains. The system is used to execute the process that users conduct stock transactions to CSDCC and trust banks through brokerage dealers and stock exchanges, including information entry components , stock transaction execution component, stock transaction clearing and settlement component, information decision-making component and blockchain component. The present invention safely stores the information of each link of stock transaction execution, clearing and settlement in the block chain component, establishes a decentralized management system, based on block chain point-to-point transaction transmission, the transaction process is irreversible, and private information is removed And other features, while improving transaction efficiency, it will reduce transaction costs and ensure the authenticity and security of transactions.

Description

technical field [0001] The invention relates to a method for realizing stock transaction management by using computer technology, and specifically refers to a management system and method for realizing stock transaction by using block chain. Background technique [0002] With the continuous development of China's economy, the wealth of the people has continued to increase, the per capita disposable income has steadily increased, and the proportion of securities investment in national financial management has gradually increased. China's cash stock market is one of the largest and most active stock markets in the world. Over the past 20 years of development, the trading, clearing and settlement processes of China's cash stock market have been optimized and are largely efficient efficient. However, manual confirmation and reconciliation of transaction details between clients, brokers, China Securities Depository and Clearing Corporation Limited (CSDCC) and trust banks is stil...

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 Patents(China)
IPC IPC(8): G06Q40/04
Inventor 刘平峰谢坤英高亚婷覃桂双刘玉洁李欣欣
Owner WUHAN UNIV OF TECH
Who we serve
  • R&D Engineer
  • R&D Manager
  • IP Professional
Why Eureka
  • Industry Leading Data Capabilities
  • Powerful AI technology
  • Patent DNA Extraction
Social media
Try Eureka
PatSnap group products