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

A stock trading and management system technology, applied in data processing applications, instruments, finance, etc., can solve problems such as time-consuming confirmation and account reconciliation processes, judicial insecurity, and increased intermediate business costs, so as to reduce manual operation risks and improve The effect of transaction efficiency and transaction cost reduction

Active Publication Date: 2019-05-21
WUHAN UNIV OF TECH
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  • 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

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

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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...

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Abstract

The invention discloses a management system and method for realizing stock transaction by using a block chain. The system is used for executing the process that a user carries out stock transaction ona CSDCC and a credit bank through a broker and a securities transaction, and comprises an information input assembly, a stock transaction execution assembly, a stock transaction clearing and settlement assembly, an information decision assembly and a block chain assembly. According to the invention, stock transactions are executed. Information of each link of clearing and settlement is safely stored in the block chain assembly, a decentralized management system is established, based on the characteristics of block chain point-to-point transaction transmission, irreversible transaction process, private information removal and the like, the transaction efficiency is improved, meanwhile, the transaction cost is reduced, and the true security of the transaction is ensured.

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

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Application Information

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Patent Type & Authority Applications(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
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