Electric power futures contract design method based on block chain
A design method and blockchain technology, applied in the field of futures trading, can solve the problems of threatening the interests of futures trading data security transaction parties, reducing the speed of capital flow, and tampering with transaction data, so as to improve the efficiency of market operation and solve the lack of security guarantees. , rich application and landing effect
Pending Publication Date: 2021-06-18
XI AN JIAOTONG UNIV +3
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Problems solved by technology
[0004] The traditional futures trading is maintained and managed by the centralized settlement center for the transaction data and transaction process. The operation cost is high, and there are unavoidable trust problems. The centralized database also has the risk of transaction data being tampered with.
These problems directly threaten the security of futures trading data and the interests of the trading parties. At the same time, the traditional trading settlement center implements daily debt-free settlement, and the settlement business of the futures system must be carried out after the closing of the day's trading, which reduces the speed of capital flow.
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[0069] According to the blockchain-based power futures contract design method proposed in this application, smart contracts can be written based on the Solidity language to complete the design of the power futures contract smart contract architecture. Firstly, the implementation of each function proposed in this application will be described in detail below.
[0070] (1) Design method of user registration and identity authentication
[0071] (1) User registration process
[0072] Firstly, the user enters the registration page, fills in the identity authentication information, including: name, gender, date of birth, ID card photo, and passes the verification code sent to the bank card’s mobile phone number reserved by the bank and the relevant government regulatory department’s filing information review The code is used to verify the user's basic information, including: matching the personal image and ID card backup information, matching the filled bank card information and th...
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The invention belongs to the technical field of futures transaction, and particularly relates to an electric power futures contract design method based on a block chain. According to traditional futures trading, a centralized settlement center carries out maintenance and management on trading data and a trading process, the operation cost is high, inevitable trust problems exist, and a centralized database also has the risk that the trading data is tampered. The invention provides an electric power futures contract design method based on a block chain. The method comprises the following steps: 1) a futures buyer and a futures seller enter a transaction system through identity authentication; 2) a user checks required information in real time through an information query unit on the block chain; 3) the user participates in electric power futures transaction, and the intelligent contract performs matchmaking transaction according to market supply and demand conditions; and 4) a risk monitoring unit monitors the market dynamic state and carries out constraint on user transactions. Real-time settlement can be realized by adopting the block chain technology, the service circulation speed is improved, the market is further activated, and the market operation efficiency is improved.
Description
technical field [0001] This application belongs to the technical field of futures trading, and in particular relates to a blockchain-based power futures contract design method. Background technique [0002] A futures contract is an agreement in which the buyer agrees to receive an asset at a specified price after a specified period of time, and the seller agrees to deliver an asset at a specified price after a specified period of time. The price that both parties agree to use in future transactions is called the futures price. The specified date on which the two parties must enter into a transaction in the future is called the settlement date or delivery date. The asset that the parties agree to exchange is called the "underlying item". If an investor takes a position in the market by buying a futures contract (that is, agreeing to buy at a future date), it is called a long position or going long on futures. On the contrary, if the position obtained by the investor is to ...
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Login to View More IPC IPC(8): G06Q40/04G06Q30/06G06Q10/00
CPCG06Q40/04G06Q30/0611G06Q10/20
Inventor 丁涛穆程刚金昊曲明樊宇琦贺元康陈天恩王永庆刘健陈昊
Owner XI AN JIAOTONG UNIV