Blockchain Data Asset Custody for Traceable Pledge Financing
Find Innovative SolutionsGenerate Solutions
Solution Overview
Problem
Existing data asset custody and pledge financing systems face challenges in ensuring security and controllability, measurability, traceability, and effective regulation of data assets, lacking decentralized, secure, and trustworthy data storage and transmission methods.
Innovation Solution
A blockchain-based system comprising a blockchain subsystem, data assetization space, and pledge financing subsystem, which includes modules for identity management, smart contracts, and secure data transmission, enabling full-process on-chain services for data assetization, custody, and pledge financing.
Engineering Contradictions & Design Principles
Engineering Contradiction Analysis
1Reliability
If traditional centralized data storage and management methods are used, then data access and processing are simple and efficient, but data security and controllability cannot be ensured during transmission and storage
Solution Approach 1:
The patent introduces a blockchain-based intermediary layer that mediates between data owners and data users. This intermediary system provides decentralized storage and verification mechanisms, ensuring data security without requiring direct trust between parties. The blockchain acts as a neutral mediator that records and verifies all data access and transmission operations.
Solution Approach 2:
The patent replaces traditional centralized mechanical control systems with decentralized cryptographic verification mechanisms. Instead of relying on centralized authorities to manage data security, the system uses blockchain technology with cryptographic hashing, digital signatures, and smart contracts to automatically verify and secure data operations.
2Productivity
If data assets are circulated and shared freely, then data utilization efficiency improves, but traceability and compliance monitoring become difficult
Solution Approach 1:
The patent implements a feedback mechanism through blockchain-based tracking systems that continuously monitor and record data asset circulation. Every data access, transfer, and usage event is automatically recorded on the blockchain, providing real-time feedback on data provenance and current status. This enables both efficient data utilization and complete traceability simultaneously.
Solution Approach 2:
The patent creates immutable copies of data asset metadata and transaction records on the blockchain. While the actual data may be accessed and utilized efficiently, the verification copies recorded on the blockchain provide permanent traceability information, ensuring that provenance and compliance information are preserved even as data circulates freely.
3Measurement precision
If data asset valuation is performed using traditional methods, then the process is simple and quick, but measurement accuracy and reliability are insufficient
Solution Approach 1:
The patent performs preliminary actions by automatically collecting and organizing all relevant data about data assets on the blockchain before valuation is needed. Historical transaction records, usage patterns, and provenance information are pre-compiled and readily available, eliminating the need for time-consuming manual data gathering during the valuation process.
Solution Approach 2:
The patent enables data assets to essentially self-value through automated smart contract-based valuation mechanisms. The system automatically analyzes blockchain-recorded data usage, transaction history, and market conditions to determine asset value, reducing reliance on manual expert assessment and significantly improving both accuracy and speed.
4Reliability
If decentralized blockchain technology is implemented for data storage, then data security and trustworthiness improve, but system complexity and implementation difficulty increase
Solution Approach 1:
The patent creates a universal blockchain platform that serves multiple functions: data storage, verification, tracking, valuation, and contract execution. By designing a multi-functional system, the patent reduces the need for multiple separate specialized systems, thereby simplifying overall implementation while maintaining high trustworthiness through decentralized blockchain technology.
Data Source
AI summary
A blockchain-based data asset custody and pledge financing system, including a blockchain subsystem, a data assetization space, and a pledge financing subsystem. The system performs data assetization and data asset custody through the blockchain subsystem and the data assetization space, and then carries out data asset pledge financing through the blockchain subsystem and the pledge financing subsystem. Through full-process intelligent contract permission control and scheduling for data asset assetization, full-process measurable and traceable custody for data asset assetization, and full-link reliable evaluation and credit assessment for data asset pledge, the system ensures security control, authenticity, measurability, traceability, and oversight of data assets. This facilitates secure and efficient pledge financing of data assets, significantly reduces operating costs, meets customers' needs for efficient capital turnover, and provides effective financing services for core data enterprises.