A bank chain settlement method and system with equal claim rights

Abstract

The present application relates to the technical field of network payment, in particular to a bank chain receiving and paying settlement method and system with equal claim right, which comprises chain receiving and paying, chain payment, chain period, discharging, returning, discharging, clearing, payment delay, entropy control period, entropy reduction gold; the method further comprises: obtaining the basic information of the chain receiving and paying user and completing the signing of the traditional contract and the installation of the digital contract; the payer enters the chain receiving and paying settlement system, selects the payee, and completes the chain payment account. By using the method and system, the payer and the payee have the right to disperse the payment account through the chain receiving and paying settlement system, and the right to return the payment account, and the counterbalance right to the passive exercise of the above-mentioned right by the other party, which can meet the needs of the receiving and paying parties in transaction agreement, transaction change and settlement safety, guarantee the safety and reliability of fund settlement, and promote the active and orderly production and consumption.

Description

Technical Field

[0001] This invention relates to the field of online payment technology, and in particular to a bank blockchain payment and settlement method and system with equal claim rights. Background Technology

[0002] "Payment" is the settlement of debts and receivables, a one-way completion of fund transfers. Currently, both domestically and internationally, payment is the most common method for settling funds related to transactions. In payment settlement, considering the settlement needs of the seller or payee, and depending on the different transaction scenarios, commercial banks can provide the following main types of payment settlement services:

[0003] 1. Entrusted collection: Entrusted collection is a settlement method in which the payee entrusts a bank to collect funds from the payer;

[0004] 2. Collection and payment: Collection and payment is a settlement method in which the payee, after shipping the goods according to the purchase and sale contract, entrusts a bank to collect payment from the payer in another location, and the payer acknowledges payment to the bank.

[0005] 3. Letter of Credit: A letter of credit is a payment commitment made by the issuing bank to pay the inventor's invention upon presentation of documents that comply with the terms of the letter of credit.

[0006] 4. Jointly Managed Account: A jointly managed account is an account opened by Party A, Party B, and the bank based on a joint management account agreement for the joint management of funds;

[0007] 5. Bill of exchange business: Bill of exchange business refers to the routine business activities of credit institutions for the establishment, transfer and redemption of bills of exchange in accordance with certain methods and requirements.

[0008] Collection on behalf and collection on delivery are banking services that emphasize settlement convenience based on the payer's consent or commitment. They are still determined by the payer's will, and the success of collection remains uncertain.

[0009] Letters of credit are a risk transfer service. Besides their high cost, their documentary nature makes the process complex and inefficient. Like collection and payment agents, the payer does not provide actual funds as a guarantee for settlement.

[0010] A co-managed account is a temporary product or service provided by a single bank. The parties involved need to provide an agreement certificate that reflects their common will. The bank verifies each transaction before making the transfer payment. It cannot be used as a technical tool for interbank transactions and does not have the universality and wide applicability of transaction settlement.

[0011] Banks' bill business is based on commercial credit, combining bank credit and commercial credit. The credit risks it is prone to arise from mainly manifest in the risks associated with holding the bills, discounting, and repurchase agreements.

[0012] Existing payment transfer technologies only support fund transfers decided unilaterally by the payer, and once payment is made, the process of receiving funds is irreversible and cannot be modified. This leads to the following main problems:

[0013] 1. Deception, fraud, and illegal fundraising targeting payers are easy to succeed;

[0014] 2. The buyer's business and financial situation presents blind spots and uncertainties, dampening the seller's willingness to transact. In the absence of credit verification, choosing to transact with acquaintances is a last resort.

[0015] 3. The buyer's advantageous market position leads to a large number of cases of delayed payments due to concerns about capital costs, resulting in constant disputes and easily evolving into triangular debt.

[0016] 4. Under the current technological conditions, the occurrence of a transaction is accompanied by the establishment of a creditor-debtor relationship. Due to the lack of actual settlement funds as a guarantee, it is difficult for the counterparty to resolve creditor-debtor disputes, making litigation and property preservation the preferred options.

[0017] 5. Many transactions involve production, delivery, or service processes, but existing payment and settlement methods, regardless of when they occur, cannot match, respond to, or synchronize with these processes.

[0018] 6. In transactions, buyers, taking advantage of their market position and the deficiencies in existing payment technologies, commonly adopt credit sales. Credit sales reinforce the power dynamics between trading partners, which is a fundamental factor hindering the development of social productivity. Summary of the Invention

[0019] To address the aforementioned problems, the present invention aims to provide a bank blockchain payment and settlement method and system with equal claim rights. This solves the problem that existing payment technologies result in fund transfers that are completed solely by the payer's unilateral operation, which is irreversible and unalterable. The payee is also unable to assert their rights, leading to a lack of trust and security for settlement funds between the transacting parties, thereby affecting the willingness, efficiency, and success of transactions.

[0020] To achieve the above objectives, the embodiments of the present invention provide the following technical solutions:

[0021] In a first aspect, in one embodiment of the present invention, a bank blockchain payment and settlement method with equal claims is provided, including blockchain payment and settlement, blockchain funds, blockchain period, payment settlement, return settlement, settlement of funds, settlement of funds, payment extension order, entropy control period, and entropy reduction fund.

[0022] In transaction settlement, after the payer completes the disbursement, the commercial bank provides custody guarantee services for the payment. At the same time, it grants both the payer and the payee equal rights to negotiate and assert the subsequent receipt of the payment. This is to meet the dynamic needs of transaction agreements and changes, and to mitigate the settlement risks for both the payer and payee. This settlement method, in which the payer and payee exercise mutual control over the payment, is called blockchain payment.

[0023] Chain payment is a payment method in which the payer disburses funds to the payee, the payer's bank fulfills its custody guarantee obligation for the disbursed funds, and the commercial banking system simultaneously grants both the payer and payee equal rights to negotiate and claim the subsequent return of the disbursed funds. This method of payment, where one party disburses funds and both parties agree on the return, is called chain payment.

[0024] The chain period is the time frame set for chain payments, from the time the funds are disbursed to the time the funds are automatically transferred to the payee. Once a chain payment subject to the chain period is disbursed, the creditor's claim and the payee's debt relationship are established as agreed.

[0025] "Payment settlement" refers to the act of a payer who chooses the blockchain payment settlement method to complete the disbursement of blockchain funds, and then transferring part or all of the blockchain funds to the payee through banking services.

[0026] Refund refers to the act of a payee who chooses the blockchain payment and settlement method transferring part or all of the blockchain funds back to the payer through banking services.

[0027] As a further aspect of the present invention, the payment and return of the chain funds are collectively referred to as payment settlement.

[0028] The term "clearing" refers to the mutual agreement between the payer and payee to clear the balance of the chain funds in one go. This involves transferring part or all of the remaining balance to the payer while simultaneously transferring the remaining chain funds to the payee. This process is executed after the payer's bill of lading is confirmed and becomes effective by the payee.

[0029] A payment extension order is an action taken by the payee to extend the time period for the automatic settlement of funds in the payment chain.

[0030] The entropy control period is the time period of 80% to 100% within the initially set chain period.

[0031] Entropy reduction funds are a type of quasi-chain fund used as collateral when the two parties to a transaction disagree on the netting of the chain fund balance. In order to ensure that the chain fund balance is netted according to the party's claim and to express this claim, one party must issue funds to the other party and entrust a commercial bank to execute the remittance. The issuance of entropy reduction funds must be accompanied by a netting plan for the relevant chain fund balance.

[0032] Secondly, in one embodiment of the present invention, a bank blockchain payment and settlement method with equivalent claims is provided, the method comprising the following steps:

[0033] S1. Obtain basic information of chain payment users and complete the signing of traditional contracts and installation of digital contracts;

[0034] S2. Based on their mutual consent or agreement, both parties choose the blockchain payment and settlement method. The payer enters the blockchain payment and settlement system, selects the payee, and completes the blockchain payment disbursement.

[0035] S3. The payment is securely deposited into a dedicated bank account, managed by the blockchain payment and settlement application contract, and sent to the payee and its bank.

[0036] S4. Both the payer and payee can send instructions through the blockchain payment and settlement system or the system can send automatic instructions according to the blockchain payment and settlement application contract agreed upon by both parties to perform payment, return, settlement, and collection extension.

[0037] S5. Both the payer and payee have the right to consult and coordinate when the other party is passively resistant, and can send relevant instructions through the blockchain payment and settlement system; during the entropy control period and / or the extended period, if the two parties disagree on the netting of the blockchain balance, the payer has the right to choose to pay the entropy reduction first, and the payee can only choose to pay the entropy reduction subsequently. The payment of the entropy reduction must be accompanied by a netting plan for the relevant blockchain balance;

[0038] S6. Upon expiration of the chain period, in accordance with the agreement reached between the payer and payee, the chain payment and settlement system will send an automatic instruction to instruct the payer's bank to transfer the chain balance to the payee.

[0039] Thirdly, in one embodiment of the present invention, a bank blockchain payment and settlement system with equivalent claims is provided, comprising:

[0040] The ChainPay user information acquisition module is used to acquire basic information about ChainPay users.

[0041] The blockchain payment and settlement system interaction module is used by the payer to select the payee, set the chain period of the blockchain payment, and complete the disbursement of the blockchain payment. After the payee and payee use the permissions granted by the blockchain payment and settlement application contract to send instructions or the system to execute automatic instructions to complete the transfer of all or part of the blockchain payment from the escrow account to the accounts of the payee and payee.

[0042] The blockchain payment and settlement middleware module is used for the transmission of instructions between the blockchain payment and settlement interaction module and the banking system.

[0043] The aforementioned bank-chain payment and settlement system with equal claim rights also includes:

[0044] The identity verification module is used to verify the identity information of the chain payment user and execute the instructions issued by the user after the identity verification is successful.

[0045] The risk control management module is used to manage the risk of users of the chain payment system.

[0046] The query and statistics module is used to query and analyze past transaction records and account details, as well as query and print transaction vouchers.

[0047] Furthermore, to achieve the above objectives, the present invention also provides a bank blockchain payment and settlement device with equal claims, the bank blockchain payment and settlement device with equal claims comprising a processor, a memory, and a bank blockchain payment and settlement program with equal claims stored in the memory and executable by the processor, wherein when the bank blockchain payment and settlement program with equal claims is executed by the processor, the steps of the bank blockchain payment and settlement method with equal claims described above are implemented.

[0048] Furthermore, to achieve the above objectives, the present invention also provides a computer-readable storage medium storing a bank blockchain payment and settlement program with equal claims, wherein when the bank blockchain payment and settlement program with equal claims is executed by a processor, it implements the steps of the bank blockchain payment and settlement method with equal claims as described above.

[0049] The technical solution provided by this invention has the following beneficial effects:

[0050] 1. This bank chain payment and settlement method and system with equal claim rights integrates payment and settlement with decentralized and mutually restraining authority, so that transaction decisions no longer depend on the credit knowledge and assessment between trading counterparties. Zero-credit settlement promotes the prevalence of unfamiliar and chance transactions, and greatly increases the enthusiasm and prevalence of transactions.

[0051] 2. This bank-chain payment and settlement method and system, which grants equal rights to all parties involved, provides tangible security for settlement funds and resolves the fundamental issues surrounding the evolution of creditor-debtor relationships under credit sales transactions. It allows for thorough negotiation between the transacting parties, reducing the probability of litigation. Furthermore, legal enforcement in cases involving litigation becomes simpler and more secure, significantly lowering social legal costs.

[0052] 3. This bank chain payment and settlement method and system, which has equal claim rights, limits the negotiation and mutual restraint between the two parties in the transaction on fund settlement, and maximizes the matching, response and synchronization of the settlement process and the supply process, greatly improving production efficiency and production planarity.

[0053] 4. This bank-chain payment and settlement method and system, with equal claim rights, will make international settlements safer and more convenient through a secure and reliable chain payment and settlement model. Factoring and credit insurance businesses in international trade will be greatly reduced, thereby lowering trade costs.

[0054] 5. This bank-chain payment and settlement method and system, with equal assertion rights, ensures secure and reliable fund settlement and promotes active and orderly production and consumption. Market participants all need to control settlement risks and hope for new technologies to address the inherent pain points and difficulties in transactions, especially credit sales, as well as the uncertainty of fund settlement. Chain payment provides real funds for settlement, granting payers and payees the right to control the payment's receipt and refund, respectively, and the right to negotiate and check the other party's passive exercise of these rights. It can meet many needs of both payers and payees in terms of transaction agreements, transaction changes, and settlement security.

[0055] These or other aspects of the invention will become more apparent from the following description of embodiments. It should be understood that the foregoing general description and the following detailed description are exemplary and explanatory only, and are not intended to limit the invention. Attached Figure Description

[0056] To more clearly illustrate the technical solutions in the embodiments of the present invention, the accompanying drawings used in the description of the embodiments or the prior art will be briefly introduced below. Obviously, the drawings described below are only some embodiments of the present invention. In the drawings:

[0057] Figure 1 The flowchart shows a bank chain payment and settlement method with equivalent claims to this invention.

[0058] Figure 2 This is a system block diagram of a bank chain payment and settlement system with equivalent claims to this invention.

[0059] The objectives, features, and advantages of this invention will be further explained in conjunction with the embodiments and with reference to the accompanying drawings. Detailed Implementation

[0060] The present invention will now be further described in conjunction with the accompanying drawings and specific embodiments. It should be noted that, without conflict, the various embodiments or technical features described below can be arbitrarily combined to form new embodiments.

[0061] It should be understood that the specific embodiments described herein are merely illustrative of the invention and are not intended to limit the invention.

[0062] The technical solutions of the embodiments of the present invention will be clearly and completely described below with reference to the accompanying drawings. Obviously, the described embodiments are only some, not all, of the embodiments of the present invention. Based on the embodiments of the present invention, all other embodiments obtained by those skilled in the art without creative effort are within the scope of protection of the present invention.

[0063] The flowchart shown in the attached diagram is for illustrative purposes only and does not necessarily include all content and operations / steps, nor does it necessarily have to be performed in the order described. For example, some operations / steps can be broken down, combined, or partially merged, so the actual execution order may change depending on the actual situation.

[0064] The following detailed description of some embodiments of the present invention is provided in conjunction with the accompanying drawings. Unless otherwise specified, the following embodiments and features can be combined with each other.

[0065] An embodiment of the present invention provides a bank blockchain payment and settlement method with equal claims, comprising: blockchain payment, blockchain funds, blockchain period, payment settlement, return settlement, fund settlement, net settlement, payment extension order, entropy control period, and entropy reduction fund.

[0066] In transaction settlement, after the payer completes the disbursement, the commercial bank provides custody guarantee services for the payment. At the same time, it grants both the payer and the payee equal rights to negotiate and assert the subsequent receipt of the payment. This is to meet the dynamic needs of transaction agreements and changes, and to mitigate the settlement risks for both the payer and payee. This settlement method, in which the payer and payee exercise mutual control over the payment, is called blockchain payment.

[0067] Chain payment is a payment method in which the payer disburses funds to the payee, the payer's bank fulfills its custody guarantee obligation for the disbursed funds, and the commercial banking system simultaneously grants both the payer and payee equal rights to negotiate and claim the subsequent return of the disbursed funds. This method of payment, where one party disburses funds and both parties agree on the return, is called chain payment.

[0068] The chain period is the time frame set for chain payments, from the time the funds are disbursed to the time the funds are automatically transferred to the payee. Once a chain payment subject to the chain period is disbursed, the creditor's claim and the payee's debt relationship are established as agreed.

[0069] "Payment settlement" refers to the act of a payer who chooses the blockchain payment settlement method to complete the disbursement of blockchain funds, and then transferring part or all of the blockchain funds to the payee through banking services.

[0070] Refund refers to the act of a payee who chooses the blockchain payment and settlement method transferring part or all of the blockchain funds back to the payer through banking services.

[0071] The term "refund" refers to the process of releasing and returning funds in a blockchain transaction.

[0072] The term "clearing" refers to the mutual agreement between the payer and payee to clear the balance of the chain funds in one go. This involves transferring part or all of the remaining balance to the payer while simultaneously transferring the remaining chain funds to the payee. This process is executed after the payer's bill of lading is confirmed and becomes effective by the payee.

[0073] A payment extension order is an action taken by the payee to extend the time period for the automatic settlement of funds in the payment chain.

[0074] The entropy control period is the time period of 80% to 100% within the initially set chain period.

[0075] Entropy reduction funds are a type of quasi-chain fund used as collateral when the two parties to a transaction disagree on the netting of the chain fund balance. In order to ensure that the chain fund balance is netted according to the party's claim and to express this claim, one party must issue funds to the other party and entrust a commercial bank to execute the remittance. The issuance of entropy reduction funds must be accompanied by a netting plan for the relevant chain fund balance.

[0076] Please refer to Figure 1 , Figure 1 This is a schematic flowchart of a bank blockchain payment and settlement method with equivalent claims according to the present invention. In an embodiment of the present invention, the bank blockchain payment and settlement method with equivalent claims includes the following steps S1-S6:

[0077] Step S1: Obtain the basic information of the chain payment user and complete the signing of the traditional contract and the installation of the digital contract;

[0078] Step S2: Based on their mutual consent or agreement, both parties choose the blockchain payment and settlement method. The payer enters the blockchain payment and settlement system, selects the payee, and completes the blockchain payment disbursement.

[0079] Step S3: The payment is securely deposited into a dedicated bank account, managed by the blockchain payment and settlement application contract, and sent to the payee and its bank.

[0080] Step S4: The payer and payee can send instructions through the blockchain payment and settlement system or the system can send automatic instructions according to the blockchain payment and settlement application contract agreed by both parties to perform payment, return, settlement, and collection extension.

[0081] In embodiments of the present invention, payment instructions can only be issued by the payer, and the payee cannot issue payment instructions; return instructions can only be issued by the payee, and the payer cannot issue return instructions; the payee can use a payment extension order to extend the chain period based on the needs of changes in the transaction process, and the extension period can be set to adapt to changes in the transaction.

[0082] Step S5: When the other party is passively resisting, both the payer and payee have the right to negotiate and control, and can send relevant instructions through the blockchain payment and settlement system; during the entropy control period and / or the extended period, if the two parties disagree on the netting of the blockchain balance, the payer has the right to choose to pay the entropy reduction first, and the payee can only choose to pay the entropy reduction later; the payment of the entropy reduction must be accompanied by a netting plan for the relevant blockchain balance;

[0083] In embodiments of the present invention, during the entropy control period and / or the extended period, if the two parties to the transaction disagree on the netting of the chain balance, the payer has the right to choose to pay the entropy reduction fund first, and the payee can only choose to pay the entropy reduction fund subsequently; the payment of the entropy reduction fund must be accompanied by a netting plan for the relevant chain balance, and the payment of the entropy reduction fund is irrevocable and executed immediately; the payer pays the entropy reduction fund at a certain percentage of the amount claimed for return, and the payee pays the entropy reduction fund at a certain percentage of the difference between the amount claimed for return and the amount claimed for return by the payer; the payer's payment of the entropy reduction fund causes the existing chain period of the relevant chain balance to be automatically extended by 3 days, and active payment, return, netting, and chain reconnection cannot be achieved. The chain period is extended; if entropy reduction funds are disbursed during the entropy control period, the payment extension order becomes invalid; if the payee does not disburse entropy reduction funds along with the payer until the chain period expires, the chain balance will be automatically cleared and the entropy reduction funds will be returned according to the clearing plan provided by the payer; if the payee disburses entropy reduction funds along with the payer, the chain balance will be automatically cleared according to the amount claimed to be paid to the other party in the clearing plan of both parties, and the remaining chain funds, together with the entropy reduction funds of both parties, will extend the chain period for another 90 days and restore the clearing function. From then on, both parties can: clear the chain balance to automatically return the entropy reduction funds; clear the entropy reduction funds and the chain balance separately as a condition; when the chain period expires, the chain balance will be automatically paid out, and the entropy reduction funds of both parties will be automatically returned.

[0084] Step S6: Upon expiration of the chain period, in accordance with the agreement reached between the payer and payee, the chain payment and settlement system will send an automatic instruction to instruct the payer's bank to transfer the chain balance to the payee.

[0085] In an embodiment of the present invention, upon the expiration of the chain period, the chain payment and settlement system will send an automatic instruction to instruct the payer's bank to transfer the chain balance to the payee. The chain period, as a mandatory means of payment transfer, is the basis for confirming the creditor-debtor relationship.

[0086] In an embodiment of the present invention, if the outstanding balance of the chain payment cannot be cleared and one party initiates litigation, the payer and payee should actively execute the judgment; otherwise, the relevant bank will be subject to enforcement by the competent authority. If the plaintiff holds the relevant bank jointly liable as a third party, and the judgment does not stipulate that the relevant bank is liable for compensation, the plaintiff's access to the chain payment system will be automatically closed, and the closure period can be set.

[0087] In the bank blockchain payment and settlement method of this invention, which has equal claims, market participants need to control settlement risks during settlement. There is a desire for new technologies to address the pain points and difficulties, particularly the asynchronous nature of fund settlement and transactions, as well as the uncertainty of fund settlement. Using the method and system of this invention, the payer and payee respectively have the right to control the receipt and refund of payments disbursed through the blockchain payment and settlement system, and the right to jointly negotiate and check the other party's passive exercise of these rights. This can meet the numerous needs of both parties in terms of transaction agreements, transaction changes, and settlement security, ensuring the safety and reliability of fund settlement and promoting active and orderly production and consumption.

[0088] In some embodiments, see Figure 2 As shown, the present invention also provides a bank blockchain payment and settlement system with equivalent claims, comprising:

[0089] The ChainPay user information acquisition module 100 is used to acquire basic information of ChainPay users.

[0090] The blockchain payment and settlement system interaction module 200 is used by the payer to select the payee, set the chain period of the blockchain payment, and complete the disbursement of the blockchain payment. After the payee and payee use the permissions granted by the blockchain payment and settlement application contract to send instructions or the system to execute automatic instructions to complete the transfer of all or part of the blockchain payment from the remittance account to the accounts of the payee and payee.

[0091] The Chain Payment and Settlement Middleware Module 300 is used for the transmission of instructions between the Chain Payment and Settlement Interaction Module and the Bank System.

[0092] The identity verification module 400 is used to verify the identity information of the chain payment user and execute the instructions issued by the user after the identity verification is successful.

[0093] The risk control management module 500 is used to manage the risk of the chain payment users.

[0094] The query and statistics module 600 is used to query and statistically analyze past transaction records and account details, as well as query and print transaction vouchers.

[0095] In this context, each module in the aforementioned bank chain payment and settlement system with equal claims corresponds to each step in the aforementioned bank chain payment and settlement method embodiment with equal claims, and its functions and implementation process will not be described in detail here.

[0096] The bank blockchain payment and settlement method and apparatus of the present invention, with equal claims, can be implemented as a computer program that can run on a bank blockchain payment and settlement device with equal claims. The bank blockchain payment and settlement device with equal claims includes a processor and a memory connected via a system bus, wherein the memory may include non-volatile storage media and internal memory.

[0097] The processor provides computing and control capabilities to support the operation of the entire bank chain payment and settlement equipment with equal claims.

[0098] Internal memory provides an environment for the execution of computer programs stored in non-volatile storage media. When executed by a processor, this computer program enables the processor to perform any bank-chain payment and settlement method with equivalent claims, including the following steps:

[0099] S1. Obtain basic information of chain payment users and complete the signing of traditional contracts and installation of digital contracts;

[0100] S2. Based on their mutual consent or agreement, both parties choose the blockchain payment and settlement method. The payer enters the blockchain payment and settlement system, selects the payee, and completes the blockchain payment disbursement.

[0101] S3. The payment is securely deposited into a dedicated bank account, managed by the blockchain payment and settlement application contract, and sent to the payee and its bank.

[0102] S4. Both the payer and payee can send instructions through the blockchain payment and settlement system or the system can send automatic instructions according to the blockchain payment and settlement application contract agreed upon by both parties to perform payment, return, settlement, and collection extension.

[0103] S5. Both the payer and payee have the right to negotiate and counterbalance each other when the other party is passively resistant, and can send relevant instructions through the blockchain payment and settlement system; during the entropy control period and / or the extended period, if the two parties to the transaction disagree on the netting of the blockchain balance, the payer has the right to choose to pay the entropy reduction first, and the payee can only choose to pay the entropy reduction later; the payment of the entropy reduction must be accompanied by a netting plan for the relevant blockchain balance;

[0104] S6. Upon expiration of the chain period, in accordance with the agreement reached between the payer and payee, the chain payment and settlement system will send an automatic instruction to instruct the payer's bank to transfer the chain balance to the payee.

[0105] It should be understood that the processor can be a Central Processing Unit (CPU), but it can also be other general-purpose processors, digital signal processors (DSPs), application-specific integrated circuits (ASICs), field-programmable gate arrays (FPGAs), or other programmable logic devices, discrete gate or transistor logic devices, discrete hardware components, etc. Among these, a general-purpose processor can be a microprocessor or any conventional processor.

[0106] The processor is used to run computer programs stored in the memory to implement various embodiments of the bank chain payment and settlement method with equivalent claims of the present invention, which will not be described in detail here.

[0107] In addition, embodiments of the present invention also provide a computer-readable storage medium.

[0108] The present invention provides a computer-readable storage medium storing a blockchain payment and settlement program with equal claims. When the blockchain payment and settlement program with equal claims is executed by a processor, it implements the aforementioned blockchain payment and settlement method with equal claims, including the following steps:

[0109] S1. Obtain basic information of chain payment users and complete the signing of traditional contracts and installation of digital contracts;

[0110] S2. Based on their mutual consent or agreement, both parties choose the blockchain payment and settlement method. The payer enters the blockchain payment and settlement system, selects the payee, and completes the blockchain payment disbursement.

[0111] S3. The payment is securely deposited into a dedicated bank account, managed by the blockchain payment and settlement application contract, and sent to the payee and its bank.

[0112] S4. Both the payer and payee can send instructions through the blockchain payment and settlement system or the system can send automatic instructions according to the blockchain payment and settlement application contract agreed upon by both parties to perform payment, return, settlement, and collection extension.

[0113] S5. Both the payer and payee have the right to negotiate and counterbalance each other when the other party is passively resistant, and can send relevant instructions through the blockchain payment and settlement system; during the entropy control period and / or the extended period, if the two parties to the transaction disagree on the netting of the blockchain balance, the payer has the right to choose to pay the entropy reduction first, and the payee can only choose to pay the entropy reduction later; the payment of the entropy reduction must be accompanied by a netting plan for the relevant blockchain balance;

[0114] S6. Upon expiration of the chain period, in accordance with the agreement reached between the payer and payee, the chain payment and settlement system will send an automatic instruction to instruct the payer's bank to transfer the chain balance to the payee.

[0115] It should be noted that, in this document, the terms "comprising," "including," or any other variations thereof are intended to cover non-exclusive inclusion, such that a process, method, article, or system that comprises a list of elements includes not only those elements but also other elements not expressly listed, or elements inherent to such a process, method, article, or system. Unless otherwise specified, an element defined by the phrase "comprising one..." does not exclude the presence of other identical elements in the process, method, article, or system that includes that element.

[0116] The sequence numbers of the above embodiments of the present invention are for descriptive purposes only and do not represent the superiority or inferiority of the embodiments.

[0117] This invention can be used in a wide variety of general-purpose or special-purpose computer system environments or configurations. Examples include: personal computers, server computers, handheld or portable devices, tablet devices, multiprocessor systems, microprocessor-based systems, set-top boxes, programmable consumer electronics, network PCs, minicomputers, mainframe computers, and distributed computing environments including any of the above systems or devices. This invention can be described in the general context of computer-executable instructions, such as program modules, that are executed by a computer. Generally, program modules include routines, programs, objects, components, data structures, etc., that perform specific tasks or implement specific abstract data types. This invention can also be practiced in distributed computing environments where tasks are performed by remote processing devices connected via a communication network. In distributed computing environments, program modules can reside in local and remote computer storage media, including storage devices.

[0118] In summary, this invention provides a bank blockchain payment and settlement method and system with equivalent claims, which has the following advantages:

[0119] 1. This bank chain payment and settlement method and system with equal claim rights integrates payment and settlement with decentralized and mutually restraining authority, so that transaction decisions no longer depend on the credit knowledge and assessment between trading counterparties. Zero-credit settlement promotes the prevalence of unfamiliar and chance transactions, and greatly increases the enthusiasm and prevalence of transactions.

[0120] 2. This bank-chain payment and settlement method and system, which grants equal rights to all parties involved, provides tangible security for settlement funds and resolves the fundamental issues surrounding the evolution of creditor-debtor relationships under credit sales transactions. It allows for thorough negotiation between the transacting parties, reducing the probability of litigation. Furthermore, legal enforcement in cases involving litigation becomes simpler and more secure, significantly lowering social legal costs.

[0121] 3. This bank chain payment and settlement method and system, which has equal claim rights, limits the negotiation and mutual restraint between the two parties in the transaction on fund settlement, and maximizes the matching, response and synchronization of the settlement process and the supply process, greatly improving production efficiency and production planarity.

[0122] 4. This bank-chain payment and settlement method and system, with equal claim rights, will make international settlements safer and more convenient through a secure and reliable chain payment and settlement model. Factoring and credit insurance businesses in international trade will be greatly reduced, thereby lowering trade costs.

[0123] 5. This bank-chain payment and settlement method and system, with equal assertion rights, ensures secure and reliable fund settlement and promotes active and orderly production and consumption. Market participants all need to control settlement risks and hope for new technologies to address the inherent pain points and difficulties in transactions, especially credit sales, as well as the uncertainty of fund settlement. Chain payment provides real funds for settlement, granting payers and payees the right to control the payment's receipt and refund, respectively, and the right to negotiate and check the other party's passive exercise of these rights. It can meet many needs of both payers and payees in terms of transaction agreements, transaction changes, and settlement security.

[0124] The above are merely preferred embodiments of the present invention and do not limit the scope of the patent. Any equivalent structural or procedural transformations made based on the description and drawings of the present invention, or direct or indirect applications in other related technical fields, are similarly included within the scope of patent protection of the present invention.

Claims

1. A bank-chain payment and settlement method with equal claim rights, characterized in that, This includes chain payment, chain funds, chain period, payment settlement, return settlement, settlement of funds, net settlement, payment extension order, entropy control period, and entropy reduction fund; ChainPayment is a settlement method used by both the payer and payee to decentralize and mutually restrain the payment of funds. ChainPayment decomposes the process of payment transfer from outgoing to incoming funds, so that fund settlement can be synchronized with the transaction process, and the rights of one party to the transaction are restricted by the claims of the counterparty and the chain period management. Chain payment allows you to choose the chain payment and settlement method, which is used for unilateral disbursement and payment methods agreed upon by both parties upon receipt of funds. The chain period is the time frame set for chain payments, from the time the funds are disbursed to the time the funds are automatically transferred to the payee. Once a chain payment subject to the chain period is disbursed, the creditor's claim and the payee's debt relationship are established as agreed. "Payment settlement" refers to the act of a payer who chooses the blockchain payment settlement method to complete the disbursement of blockchain funds, and then transferring part or all of the blockchain funds to the payee through banking services. Refund refers to the act of a payee who chooses the blockchain payment and settlement method transferring part or all of the blockchain funds back to the payer through banking services. The term "refund" refers to the process of releasing and returning funds in a blockchain transaction. The term "clearing" refers to the mutual agreement between the payer and payee to clear the balance of the chain funds in one go. This involves transferring part or all of the remaining balance to the payer while simultaneously transferring the remaining chain funds to the payee. This process is executed after the payer's bill of lading is confirmed and becomes effective by the payee. A payment extension order is an action taken by the payee to extend the time period for the automatic settlement of funds in the payment chain. The entropy control period is the time period of 80% to 100% within the initially set chain period. Entropy reduction funds are a type of quasi-chain fund used as collateral when the two parties to a transaction disagree on the liquidation of the chain fund balance. In order to ensure that the chain fund balance is liquidated according to the party's claim and to express this claim, one party must issue funds to the other party and entrust a commercial bank to execute the remittance. The issuance of entropy reduction funds must be accompanied by a liquidation plan for the relevant chain fund balance. The aforementioned bank blockchain payment and settlement method with equal claim rights includes the following steps: S1. Obtain basic information of chain payment users and complete the signing of traditional contracts and installation of digital contracts; S2. Based on their mutual consent or agreement, both parties choose the blockchain payment and settlement method. The payer enters the blockchain payment and settlement system, selects the payee, and completes the blockchain payment disbursement. S3. The payment is securely deposited into a dedicated bank account, managed by the blockchain payment and settlement application contract, and sent to the payee and its bank. S4. Both the payer and payee can send instructions through the blockchain payment and settlement system or the system can send automatic instructions according to the blockchain payment and settlement application contract agreed upon by both parties to perform payment, return, settlement, and collection extension. S5. Both the payer and payee have the right to negotiate and counterbalance each other when the other party is passively resistant, and can send relevant instructions through the blockchain payment and settlement system; during the entropy control period and / or the extended period, if the two parties to the transaction disagree on the netting of the blockchain balance, the payer has the right to choose to pay the entropy reduction first, and the payee can only choose to pay the entropy reduction later; the payment of the entropy reduction must be accompanied by a netting plan for the relevant blockchain balance; S6. Upon expiration of the chain period, in accordance with the agreement reached between the payer and payee, the chain payment and settlement system will send an automatic instruction to instruct the payer's bank to transfer the chain balance to the payee. In step S5, during the entropy control period and / or the extended period, if the two parties to the transaction disagree on the netting of the chain balance, the payer has the right to choose to pay the entropy reduction fund first, and the payee can only choose to pay the entropy reduction fund subsequently; the payment of the entropy reduction fund must be accompanied by a netting plan for the relevant chain balance, and the payment of the entropy reduction fund is irrevocable and executed immediately; the payer pays the entropy reduction fund at a certain percentage of the amount they claim to return, and the payee pays the entropy reduction fund at a certain percentage of the difference between the amount they claim to return and the amount the payer claims to return; the payer's payment of the entropy reduction fund causes the existing chain period of the relevant chain balance to be automatically extended by 3 days, and active payment, return, netting, and chain reconnection cannot be achieved. The chain period is extended; if entropy reduction funds are disbursed during the entropy control period, the payment extension order becomes invalid; if the payee does not disburse entropy reduction funds along with the payer until the chain period expires, the chain balance will be automatically cleared and the entropy reduction funds will be returned according to the clearing plan provided by the payer; if the payee disburses entropy reduction funds along with the payer, the chain balance will be automatically cleared according to the amount claimed to be paid to the other party in the clearing plan of both parties, and the remaining chain funds, together with the entropy reduction funds of both parties, will extend the chain period for another 90 days and restore the clearing function. From then on, both parties can: clear the chain balance to automatically return the entropy reduction funds; clear the entropy reduction funds and the chain balance separately as a condition; when the chain period expires, the chain balance will be automatically paid out, and the entropy reduction funds of both parties will be automatically returned.

2. The bank chain payment and settlement method with equal claims as described in claim 1, characterized in that, In step S4, the payment instruction can only be issued by the payer, and the payee cannot issue a payment instruction. The return instruction can only be issued by the payee, and the payer cannot issue a return instruction. The payee can use a payment extension order to extend the chain period based on the needs of changes in the transaction process. The extension period can be set to adapt to changes in the transaction.

3. The bank chain payment and settlement method with equal claims as described in claim 2, characterized in that, In step S6, when the chain period expires, the chain payment and settlement system will send an automatic instruction to instruct the payer's bank to transfer the chain balance to the payee. The chain period, as a mandatory means of payment transfer, is the basis for confirming the creditor-debtor relationship.

4. The bank blockchain payment and settlement method with equal claims as described in claim 3, characterized in that, If the outstanding balance of the chain payment cannot be settled, and one party initiates litigation, the payer and payee should actively comply with the judgment; otherwise, the relevant bank will be subject to enforcement by the competent authority. If the plaintiff holds the relevant bank jointly liable as a third party, but the judgment does not stipulate that the relevant bank is liable for compensation, the plaintiff's access to the chain payment system will be automatically closed, and the closure period can be set.

5. A bank-chain payment and settlement system with equal claim rights, used to perform the method as described in any one of claims 1-4, characterized in that, The bank blockchain payment and settlement system includes: The ChainPay user information acquisition module is used to acquire basic information about ChainPay users. The blockchain payment and settlement system interaction module is used by the payer to select the payee, set the chain period of the blockchain payment, and complete the disbursement of the blockchain payment. After the payee and payee use the permissions granted by the blockchain payment and settlement application contract to send instructions or the system to execute automatic instructions to complete the transfer of all or part of the blockchain payment from the escrow account to the accounts of the payee and payee. The blockchain payment and settlement middleware module is used for the transmission of instructions between the blockchain payment and settlement interaction module and the banking system.

6. The bank blockchain payment and settlement system with equal claims as described in claim 5, characterized in that, The aforementioned bank-chain payment and settlement system with equal claim rights also includes: The identity verification module is used to verify the identity information of the chain payment user and execute the instructions issued by the user after the identity verification is successful. The risk control management module is used to manage the risk of users of the chain payment system. The query and statistics module is used to query and analyze past transaction records and account details, as well as query and print transaction vouchers.

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