Online payment method based on distributed network and payment system thereof

A distributed network and online payment technology, which is applied in the field of online payment methods and systems based on distributed networks, can solve problems such as low capital mobility, high payment fees, and fund pools, so as to reduce the utilization rate and difficulty , using simple effects

Active Publication Date: 2018-05-08
国历华融(北京)科技发展有限公司 +1
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Problems solved by technology

[0009] The purpose of the present invention is to overcome the deficiencies of the prior art, to provide an online payment method and system based on a distributed network, and to solve the problem of fund pools and capital problems caused by the inability of all parties involved in the payment behavior to establish an effective trust system through the network. Low liquidity, high payment fees, long cycle and other technical problems

Method used

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  • Online payment method based on distributed network and payment system thereof
  • Online payment method based on distributed network and payment system thereof

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Embodiment Construction

[0043] Embodiments of the present invention are described in further detail below in conjunction with the accompanying drawings:

[0044] An online payment method and system based on a distributed network of the present invention aims to build a network trust mechanism and realize a network value transfer method without a token medium.

[0045] The technical terms involved in the present invention are described as follows respectively below:

[0046]Distributed network refers to the interconnection of node machines distributed in different places. Any point in the network is connected to at least two lines. When any line fails, the communication can be transferred to other links to complete, which has a relatively high reliability. The distributed network corresponds to the central control network. It has no center, so it will not cause the overall collapse because one of the nodes is destroyed. The trust mechanism between all parties involved avoids the information opacity ...

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Abstract

The invention relates to an online payment method based on a distributed network and a payment system thereof. The online payment method is technically characterized by comprising the following stepsthat step 1, the payer initiates a payment instruction to a proxy node in a client terminal; step 2, the proxy node forwards the payment instruction of the client terminal to each trial node; step 3,each trial node calculates the respective trial result; step 4, the proxy node compares the trial results and transmits the trial results to a confirm node; step 5, the confirm node accordingly generates the Merkle Tree root values of all the historical trades; step 6, the proxy node calls a banking interface to debit the payer account by debit authorization and notifies the master confirm node ifdeduction is successful; step 7, the master confirm node broadcasts the Merkle Tree root values; and step 8, the proxy node credits the corresponding account by credit authorization and an executionnode performs internal general ledger processing and keeps the balance of the general ledger to be zero. The capital flow and the information flow of the payment service logic are combined so as to realize value transfer between networks.

Description

technical field [0001] The invention belongs to the field of distributed network and online payment technology, in particular to an online payment method and system based on a distributed network. Background technique [0002] As an important link in the construction of the payment network, its efficiency and cost will directly affect the economic cooperation among countries in the region. With the rapid development of the Internet and the Internet of Things, most of the payment methods have changed from offline to online, showing a trend of fragmentation. However, after analyzing from a professional point of view, it is found that the existing online payment methods and systems have the following defects: [0003] (1) The problem of the reserve fund fund pool. The payer’s funds are first transferred to the reserve fund account of the payment institution to stay for a period of time. When a large number of payment behaviors occur, fund precipitation will inevitably form, fo...

Claims

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Application Information

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Patent Type & Authority Applications(China)
IPC IPC(8): G06Q20/22G06Q20/06G06Q20/38G06Q20/40
CPCG06Q20/065G06Q20/22G06Q20/3829G06Q20/405
Inventor 牟林
Owner 国历华融(北京)科技发展有限公司
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