Unlock instant, AI-driven research and patent intelligence for your innovation.

Online auction method based on smart contract, electronic device and storage medium

A smart contract and contract technology, applied in the Internet field, can solve problems such as lack of value support, randomness, and difficulty in changing hands

Pending Publication Date: 2021-09-03
陈平
View PDF9 Cites 0 Cited by
  • Summary
  • Abstract
  • Description
  • Claims
  • Application Information

AI Technical Summary

Problems solved by technology

[0004] The purpose of the present invention is to provide an online auction method, electronic equipment, and storage medium based on smart contracts, which can effectively solve the problems of confusion, randomness, lack of value support, and difficulty in changing hands in the encrypted art market.

Method used

the structure of the environmentally friendly knitted fabric provided by the present invention; figure 2 Flow chart of the yarn wrapping machine for environmentally friendly knitted fabrics and storage devices; image 3 Is the parameter map of the yarn covering machine
View more

Image

Smart Image Click on the blue labels to locate them in the text.
Viewing Examples
Smart Image
  • Online auction method based on smart contract, electronic device and storage medium
  • Online auction method based on smart contract, electronic device and storage medium
  • Online auction method based on smart contract, electronic device and storage medium

Examples

Experimental program
Comparison scheme
Effect test

Embodiment Construction

[0020] The technical solutions of the present invention will be clearly and completely described below in conjunction with the embodiments. Obviously, the described embodiments are part of the embodiments of the present invention, but not all of them. Based on the embodiments of the present invention, all other embodiments obtained by persons of ordinary skill in the art without making creative efforts belong to the protection scope of the present invention.

[0021] The first embodiment of the present invention relates to an online auction method based on smart contracts. The core of this embodiment is to issue tokens through the auction website, and users use tokens as "fuel" for bidding actions to bid for auction items, so that In the auction market, avoid malicious bidding and disrupt the order of the auction. When no one bids after the item is put on the shelf, the starting price will be reduced proportionally over time. Every time a user bids for the item is detected, the...

the structure of the environmentally friendly knitted fabric provided by the present invention; figure 2 Flow chart of the yarn wrapping machine for environmentally friendly knitted fabrics and storage devices; image 3 Is the parameter map of the yarn covering machine
Login to View More

PUM

No PUM Login to View More

Abstract

The invention provides an online auction method based on a smart contract, an electronic device and a storage medium, tokens are issued through an auction website, a user bids an auction item with the tokens as fuel of a bidding action, and under the condition that no one bids after the auction item is put on a shelf, the initial auction price is reduced in proportion along with time. After it is monitored that a user bids an auction item every time, the auction item is locked to be in an auction state, the auction price of the auction item is increased, after the auction item is locked to be in the auction state, the auction price of the auction item is not decreased along with time lapse, the auction price of the auction item is dynamically adjusted according to the bid condition of the user and the auction time, the auction price is made to be more suitable for the actual auction environment and more reasonable. The user is assisted to obtain the optimal transaction opportunity and transaction price of the favorite auction; the auction logic is executed through the smart contract, so that the security of the transaction is ensured through the chain transaction, the transaction efficiency is improved through the commitment mechanism, the user participation threshold is reduced, and the public trust of the auction process is increased.

Description

technical field [0001] The present invention relates to the Internet field, in particular to an online auction method based on an intelligent contract, electronic equipment and a storage medium. Background technique [0002] Today, the encrypted art market is still niche, but it has great potential for development. Today's encrypted artworks (such as paintings and code art created by various encrypted artists; various NFT tokens such as NBATop Shot, etc.) lack a reasonable pricing system and auction model. The "people-auction" process is not suitable for the field of encrypted art in terms of efficiency cycle, audience and persuasiveness. However, in the field of traditional art, there are very few situations in which artists, as authors, can continue to enjoy the subsequent value-added benefits of their works, and almost nonexistent. If the practices in the traditional art field are copied, this problem will still not be resolved. Therefore, the auction and transaction of...

Claims

the structure of the environmentally friendly knitted fabric provided by the present invention; figure 2 Flow chart of the yarn wrapping machine for environmentally friendly knitted fabrics and storage devices; image 3 Is the parameter map of the yarn covering machine
Login to View More

Application Information

Patent Timeline
no application Login to View More
Patent Type & Authority Applications(China)
IPC IPC(8): G06Q30/08G06Q20/06G06F16/27
CPCG06Q30/08G06Q20/065G06F16/27
Inventor 陈平
Owner 陈平