Method for improving digital currency credibility based on block chain

Abstract

According to the invention, the ownership and the payment right of the digital currency are separated; a layer of special logic is added, that is, a special payment right is set to manage the digitalcurrency, and when the digital currency is used for a payment transaction, if the system judges that the subject performing the transaction owns the ownership and the payment right of the digital currency, it is judged that the payment transaction is established; if the system determines that the transaction subject only has the ownership but does not have the payment right, it is determined thatthe payment transaction cannot be established, i.e., if the transaction subject wants to perform the payment transaction, the transaction subject must have at least the payment right of the digital currency but can not have the ownership; if the transaction subject does not possess the payment right, the transaction subject cannot perform the payment transaction operation even if the transaction subject owns the ownership. According to the method, the credibility and the supervision of the digital currency are greatly improved through separating the ownership from the payment right of the digital currency.

Description

technical field [0001] The invention belongs to the technical field of block chains, and relates to a method for improving the credibility of digital currency based on block chains. Background technique [0002] With the development of technologies related to online transactions, more and more users have begun to own digital currencies or tokens, and use these digital currencies for online transactions. Taking Bitcoin as an example, the generation of this type of digital currency is purely automatically generated by a program, and it is not connected with real legal tender, which greatly reduces the credibility of the digital currency itself. In addition, on the Internet platform, the decentralization of the digital currency system itself also leads to weak supervision, which is easy to dissociate from the national financial system, which is not conducive to national supervision; at the same time, the national bank can only be reduced to a transaction channel for third-party...

AI Technical Summary

Problems solved by technology

Taking Bitcoin as an example, the generation of this type of digital currency is purely automatically generated by the program, and it is not connected with the real legal currency, which greatly reduces the credibility of the digital currency itself

In addition, on the Internet platform, the decentralization of the digital currency system itself also leads to weak supervision, which is easy to dissociate from the national financial system, which is not conducive to national supervision; at the same time, the national bank can only be reduced to a transaction channel for third-party payment licenses. The process of third-party payment license and virtual transaction makes the national bank lose the most basic payment function to a large extent, and cannot form an efficient and safe payment method, let alone guarantee the financial security of users when they conduct transactions on the Internet

Secondly, the ownership and payment rights of digital currency in the existing technology are generally set in combination, and ownership means payment right. In the current digital currency environment, the user's digital currency is usually associated with the account used by the user. When the account is stolen, the digital currency bound to the account is also stolen. The thief even uses the digital currency to carry out illegal activities such as money laundering

Therefore, the existing digital currency has great defects in the network environment and needs to be improved and perfected