Blockchain Action Plan Publishing for Verifiable Confidential Distribution
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Solution Overview
Problem
Current systems lack a trusted means for non-subscribing parties to verify the content of analyst deliverables, particularly before the end of an exclusivity period, hindering the analyst's future marketing of their services.
Innovation Solution
Publishing analyst deliverables encrypted in the public key of the subscribing client, allowing decryption and verification after exclusivity, and subsequently publishing unencrypted for non-subscribers to authenticate the content.
Engineering Contradictions & Design Principles
Engineering Contradiction Analysis
1Reliability
If the analyst distributes the action plan privately to a single investor client, then the client can transact before wide disclosure and the analyst maximizes value to the client, but the distribution cannot be independently verified and the analyst cannot develop a reputation
Solution Approach 1:
The action plan information is segmented into two parts: a hash value (fingerprint) that is publicly visible on the blockchain, and the actual encrypted contents that remain private. This segmentation allows verification of distribution without revealing the actual plan contents to unauthorized parties.
Solution Approach 2:
The blockchain acts as an intermediary that stores and verifies the action plan distribution. The hash of the action plan is recorded on the blockchain, providing independent verification of distribution while the actual contents remain encrypted and private until authorized disclosure.
2Reliability
If the analyst broadcasts the recommended action plan into the public record, then a verified public track record is established, but the conclusions become freely available and reflected in the security price, limiting subsequent monetization
Solution Approach 1:
Instead of broadcasting the actual action plan contents, only a copy in the form of a hash value (digital fingerprint) is published to the public record. This allows verification of the action plan's existence and distribution while preventing premature disclosure of the actual investment recommendations that would affect security prices.
3Reliability
If the action plan is sent concurrently to a paying investor client and a third-party recorder, then the distribution can be recorded, but the third-party could divulge or inaccurately record it
Solution Approach 1:
The system uses self-verification through cryptographic hashing. The action plan's hash is recorded on the blockchain, which provides immutable, accurate recording without relying on third-party interpreters. The cryptographic nature of the hash ensures that any alteration of the original action plan would be immediately detectable, preventing inaccurate recording.
Data Source
AI summary
A method and system and computer program product for subscribing to action plans including a processing device for receiving an encrypted action plan summary transaction message including one or more fields from an analyst node in a blockchain network and generating an encrypted action plan summary transaction in a blockchain including the content of the encrypted action plan summary transaction message. The processing device may transmit the encrypted action plan summary transaction to the blockchain network. The processing device may transmit an encrypted action plan summary notice to the blockchain network alerting the nodes of the blockchain network to the encrypted action plan summary transaction.