Transaction information verification method and system

A technology for transaction information and verification methods, which is applied in payment architecture, multi-programming devices, data processing applications, etc., can solve problems such as node pressure, reduce workload, and prevent malicious fraud.

Active Publication Date: 2020-09-29
JIANGSU PAYEGIS TECH CO LTD +1
View PDF2 Cites 0 Cited by
  • Summary
  • Abstract
  • Description
  • Claims
  • Application Information

AI Technical Summary

Problems solved by technology

[0004] However, since each node has to verify the transaction information for each transaction information, when the number of nodes in the blockchain network is very large, this process will generate a considerable workload and put a lot of pressure on the nodes

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
  • Transaction information verification method and system
  • Transaction information verification method and system
  • Transaction information verification method and system

Examples

Experimental program
Comparison scheme
Effect test

Embodiment Construction

[0022] Exemplary embodiments of the present disclosure will be described in more detail below with reference to the accompanying drawings. Although exemplary embodiments of the present disclosure are shown in the drawings, it should be understood that the present disclosure may be embodied in various forms and should not be limited by the embodiments set forth herein. Rather, these embodiments are provided for more thorough understanding of the present disclosure and to fully convey the scope of the present disclosure to those skilled in the art.

[0023] figure 1 A flow chart of a transaction information verification method according to an embodiment of the present invention is shown. As shown in Figure 1, the method includes the following steps:

[0024] Step S101, after the first node generates the transaction, it directly or indirectly sends transaction information to multiple second nodes in the blockchain network, so that each second node uses at least one hash algorit...

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 trading information verification method and a trading information verification system. Whether each second node is used as a verification node verifying trading information is determined according to at least one hash value of trading information and the hash values of all the nodes in a block chain network. Thus, verification nodes corresponding to all the hash values of trading information are obtained. The second node determined as a verification node is selected randomly without rules. A second node determined as a mining node judges whether trading information passes verification according to the number of signatures of the verification node corresponding to the trading information. The possibility of malicious counterfeiting and cheating is prevented. There is no need for every node to verify the trading information. The workload of trading information verification is reduced.

Description

technical field [0001] The invention relates to the technical field of the Internet, in particular to a transaction information verification method and system. Background technique [0002] Blockchain is a new type of decentralized protocol that can safely store digital currency transactions or other data. Information cannot be forged and tampered with. Smart contracts can be automatically executed without any audit by a centralized organization. [0003] On the blockchain network, in order to ensure the validity of all transaction information, each node must verify the transaction information after receiving the transaction information. Only the verified transaction will be propagated by the node to its connected node, otherwise the transaction information is discarded. [0004] However, since each node has to verify the transaction information for each transaction information, when the number of nodes in the blockchain network is very large, this process will generate a c...

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): G06F9/46
CPCG06Q20/401
Inventor 汪德嘉郭宇王少凡
Owner JIANGSU PAYEGIS TECH CO LTD
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

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

© 2024 PatSnap. All rights reserved.Legal|Privacy policy|Modern Slavery Act Transparency Statement|Sitemap