A method and system for front-end transactions of secured assets based on blockchain technology

Abstract

The invention discloses a preposed transaction method and system for secured assets based on a blockchain technology. The preposed transaction method comprises the steps that firstly, a user sends outa registration request in an information system, a server receives the request, processes the request and performs registration through an underlying data structure in an internal database; secondly,the server submits storage information of the user to a blockchain server through a Web API, and the blockchain server stores the registration request into a database of a TxPool block record pool and returns a Hash value of the current block transaction record to a caller; an independent blockchain processing program formally inputs block transaction records in the TxPool block record pool intoa database in the blocks through authentication, encryption and packaging at an interval of 10 minutes; and the front-end server can perform query through the Web API when the user needs to query theregistered mortgage. The invention further comprises a transaction system which is convenient and efficient to operate, safe, reliable and good in user data security. The whole system has good expansibility and can be improved according to requirements.

Description

technical field [0001] The present invention relates to the field of block chain technology, in particular to a method and system for front-end transactions of secured assets based on block chain technology. Background technique [0002] Blockchain is a decentralized distributed ledger database. The underlying core of the blockchain is a series of data blocks generated using cryptography, and each data block contains information for valid confirmation of multiple digitally encrypted network transactions. Through complex public key and private key settings, the blockchain network broadcasts the ledgers of all transactions in the entire network in real time, and distributes transaction records to each client in real time. Whenever an encrypted transaction is generated, the blockchain maintenance server with powerful computing power in the network will use the algorithm to decrypt and verify the transaction to create a new block to record the latest transaction. New blocks ar...

AI Technical Summary

Problems solved by technology

[0006] 3. Non-tamperable and encrypted security: The blockchain adopts a one-way hash algorithm, and each newly generated block advances strictly in time linear order. The irreversibility of time leads to any attempt to intrude and tamper with the data information in the blockchain. Behaviors are easily traceable, resulting in exclusion from other nodes, which can limit related illegal behaviors

However, if for some reason (such as network speed or stability reasons) individual transactions cannot be broadcast to the majority of nodes within the predetermined time, then the transaction is likely to fail due to technical reasons

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