Blockchain Payment Control for Securities Accounts
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Solution Overview
Problem
The existing payment systems for securities accounts are cumbersome, requiring multiple identity and transaction verifications, which leads to low transaction efficiency and safety concerns.
Innovation Solution
A blockchain-based payment control method and apparatus that verifies payment requests for securities accounts, performs fund deductions, and instructs an auxiliary payment platform to transfer funds, with transaction results verified through smart contracts and data uploaded to a blockchain.
Engineering Contradictions & Design Principles
Engineering Contradiction Analysis
1Reliability
If multiple identity and transaction verifications are performed in the existing payment system, then the safety of the securities account is improved, but the transaction efficiency deteriorates
Solution Approach 1:
The patent applies preliminary action by pre-verified and binding the payer's securities account with the payer's identity information beforehand. When a payment request is made, the system directly retrieves the pre-established binding relationship rather than performing verification steps at the moment of transaction, thus maintaining safety while improving efficiency
Solution Approach 2:
The patent introduces an intermediary mechanism by using a pre-established binding relationship as a mediator between identity verification and payment execution. The binding relationship serves as a pre-computed trust intermediary that eliminates the need for real-time multi-step verification, resolving the contradiction between safety and efficiency
2Reliability
If multiple identity and transaction verifications are performed in the existing payment system, then the safety of the securities account is improved, but the business throughput deteriorates
Solution Approach 1:
The patent performs identity and account binding verification in advance, storing the validated relationship for future use. This preliminary action eliminates the need to repeat verification steps for each transaction, thereby maintaining security requirements while significantly increasing business throughput
Solution Approach 2:
The system enables self-service by automatically utilizing the pre-established binding relationship during payment transactions without requiring manual intervention or repeated verification processes. This automation maintains safety protocols while enhancing overall business throughput
3Productivity
If the payment process is simplified to improve transaction efficiency, then the data throughput performance is improved, but the safety verification may be compromised
Solution Approach 1:
The patent performs safety verification in advance by establishing and storing the binding relationship between securities account and identity information. This preliminary safety check allows the system to process subsequent payments with simplified verification, maintaining both high data throughput and safety requirements
Solution Approach 2:
The pre-established binding relationship acts as a trust intermediary that enables simplified payment processing without compromising safety. The intermediary contains the verification logic and results, allowing the system to proceed with confidence using a streamlined process that maintains both efficiency and security
Data Source
AI summary
Provided are a blockchain-based payment control method, a payment control apparatus, a device and a medium. The method includes: verifying a payment request for a securities account initiated by a requester, where the payment request includes a payment amount and a payee; in response to the payment request passing the verification, performing fund deduction on the securities account based on the payment amount, deducting a quota corresponding to the payment amount from a payment quota corresponding to the requester, and instructing an auxiliary payment platform to transfer the payment amount to the payee; transferring funds corresponding to the payment quota to the auxiliary payment platform to generate a transaction result; and verifying the transaction result through a smart contract and uploading data generated during the payment to a blockchain in response to the transaction result passing the verification.