Blockchain Multiplexing via Cryptographic Hash
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Solution Overview
Problem
Traditional methods of electronic data sharing are susceptible to data corruption and tampering due to the lack of authentication mechanisms, making them insecure for data exchange between entities.
Innovation Solution
A system for multiplexing and demultiplexing private blockchains using cryptographic key pairs and hashes to securely share and authenticate data records between entities, ensuring only authorized parties can access the data and maintaining a tamper-resistant timeline.
Engineering Contradictions & Design Principles
Engineering Contradiction Analysis
1Ease of operation
If traditional electronic data sharing methods are used, then ease of operation is improved, but reliability deteriorates due to susceptibility to data corruption and tampering
Solution Approach 1:
The patent introduces cryptographic hash functions and digital signatures as intermediary mechanisms between data sender and receiver. The hash function acts as a mediator to create a unique fingerprint of the data, while digital signatures serve as a mediator to authenticate the sender's identity and ensure data integrity, thereby resolving the contradiction between ease of operation and reliability
Solution Approach 2:
The patent replaces traditional mechanical authentication methods (such as physical signatures or manual verification) with cryptographic mechanisms. Instead of relying on physical or procedural security measures, the system uses mathematical algorithms (hash functions and digital signatures) to provide automated, reliable data authentication and integrity verification
2Reliability
If cryptographic authentication mechanisms are implemented, then reliability is improved, but device complexity worsens
Solution Approach 1:
The patent extracts the complex cryptographic operations (hashing and digital signature generation/verification) into separate, dedicated computational steps. By isolating these complex functions from the main data sharing workflow, the system manages complexity more effectively while maintaining high reliability through specialized cryptographic processing
3Adaptability or versatility
If data is shared through multiple blockchains, then adaptability is improved, but loss of information worsens due to potential synchronization issues
Solution Approach 1:
The patent creates a universal cryptographic protocol that functions across multiple different blockchain systems. The hash function and digital signature mechanism serve multiple purposes: authenticating data, ensuring integrity, and enabling cross-blockchain verification. This multi-functional approach allows the same cryptographic primitives to work across diverse blockchain platforms without sacrificing data consistency
Data Source
AI summary
Embodiments of the present invention provide a system for multiplexing and demultiplexing blockchain ledgers via a cryptographic hash. In particular, the invention uses cryptographic keys and hashes to combine and dissociate blockchain records from the private blockchains two or more entities. The system provides a mechanism by which blockchains owned by distinct entities may be multiplexed upon formation of a union between the entities, in order to securely share data records and establish an authentic, tamper-resistant timeline for said data records. Furthermore, the system provides a mechanism by which the blockchains may be demultiplexed upon dissolution of said union.