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Computerized transaction management module for block chain network

A computer and blockchain technology, applied in computing, cryptography processing, data processing applications, etc., can solve problems such as wasting computing resources and inefficient code

Active Publication Date: 2020-06-05
ORACLE FINANCIAL SERVICES SOFTWARE
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  • Summary
  • Abstract
  • Description
  • Claims
  • Application Information

AI Technical Summary

Problems solved by technology

Creating, storing and maintaining custom code for each business use case and blockchain provider is inefficient and wastes a lot of computing resources

Method used

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  • Computerized transaction management module for block chain network
  • Computerized transaction management module for block chain network
  • Computerized transaction management module for block chain network

Examples

Experimental program
Comparison scheme
Effect test

Embodiment Construction

[0045] Described herein are computerized systems and methods for managing transactions communicated over a blockchain network. Transaction management modules, such as Hyperledger components with chaincode, can be configured to connect to and communicate through various types of blockchain networks and / or future implementations of blockchain networks. Since each blockchain provider is able to provide its own implementation of the blockchain network, which may differ from the implementation provided by other blockchain providers, the transaction management module provides A scalable mechanism for current and future implementations of the network. In this way, significant computational and storage resources can be saved by not having to write, store and execute custom programming code for each type of blockchain network.

[0046] The transaction management module can also be configured to connect to and communicate with various types of applications to communicate over the block...

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PUM

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Abstract

Systems, methods, and other embodiments associated with managing transactions communicated over a block chain network are described. In one embodiment, a method includes maintaining a static maintenance table of the hardcoded properties of a first entity. The example method may also include maintaining a parent transaction table comprising columns of data that are updated with a frequency less than a threshold frequency. The example method may also include maintaining a child transaction table comprising the columns of data that are updated with a frequency greater than the threshold frequency. The example method may also include receiving a transaction to communicate over the block chain network, and validating the transaction by using the hardcoded properties. The example method may alsoinclude populating values into the parent transaction table and the child transaction table, and using the tables to facilitate the communication of the transaction over the block chain network.

Description

Background technique [0001] Many entities utilize computers to communicate data over networks. The first bank can transmit the transaction to the second bank to perform the banking transaction, such as transferring funds to the second bank. One type of network that can be used to help secure online transactions is a blockchain network. A blockchain network is a decentralized, distributed digital ledger (ledger) used to record transactions across multiple computers such that a record cannot be changed retroactively without changing all subsequent blocks and without collusion with the blockchain network. This enables participants to verify and audit transactions cheaply. In this way, blockchain networks provide a high degree of data security. [0002] Entities can use many blockchain network providers. Each entity can have its own implementation of how to access and use the blockchain network, such as different business use cases for using the blockchain network. Therefore,...

Claims

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Application Information

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Patent Type & Authority Applications(China)
IPC IPC(8): G06Q20/38G06Q20/10G06Q20/22
CPCG06Q20/10G06Q20/223G06Q2220/00G06Q40/12G06Q20/2295H04L9/50G06Q20/386G06Q20/38G06F16/27
Inventor M·M·潘迪恩
Owner ORACLE FINANCIAL SERVICES SOFTWARE