Blockchain Transaction Reconciliation via Bridge Module

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Solution Overview

Problem

Existing blockchain transaction reconciliation methods face challenges in ensuring consistency and accuracy between on-chain and off-chain transaction records, leading to potential mistrust and errors among blockchain members.

Innovation Solution

A blockchain transaction reconciliation method and apparatus that allows a blockchain member to obtain, compare, and update off-chain transaction records based on selected blockchain transaction records, ensuring consistency and reliability through a reconciliation service provider and bridge module.

Engineering Contradictions & Design Principles

VSEngineering Contradiction Analysis

1Reliability

If blockchain transaction records are used for reconciliation with off-chain records, then data storage security and integrity are improved, but the complexity of the reconciliation process increases

Engineering Contradiction:
Improvedata storage securityVSAvoidreconciliation process complexity
Core Design Contradiction:
ReliabilityVSDevice complexity

Solution Approach 1:

The patent introduces a bridge module as an intermediary component that connects the off-chain management system with the blockchain network. This bridge module handles the complex interactions between on-chain and off-chain systems, including transaction record synchronization and consistency verification, thereby isolating the complexity from the core reconciliation process while maintaining high data security through blockchain's immutable ledger

Inventive Principle:
Principle #24Intermediary (Mediator)

2Ease of manufacture

If manual reconciliation methods are used between on-chain and off-chain records, then implementation simplicity is maintained, but error rates and inconsistency increase

Engineering Contradiction:
Improveimplementation simplicityVSAvoidreconciliation accuracy
Core Design Contradiction:
Ease of manufactureVSManufacturing precision

Solution Approach 1:

The reconciliation system is designed to automatically perform self-service functions by having the off-chain management system autonomously obtain blockchain transaction records, compare them with local records, and update inconsistencies without manual intervention. This automated self-service mechanism eliminates human errors while maintaining implementation simplicity through standardized interfaces and processes

Inventive Principle:
Principle #25Self-service

3Reliability

If real-time synchronization between on-chain and off-chain records is implemented, then consistency is improved, but the time and computational resources required increase

Engineering Contradiction:
Improverecord consistencyVSAvoidreconciliation time
Core Design Contradiction:
ReliabilityVSLoss of time

Solution Approach 1:

Instead of continuous real-time synchronization, the patent implements periodic reconciliation where the off-chain management system retrieves and compares blockchain transaction records at scheduled intervals. This periodic action maintains sufficient consistency for most business scenarios while significantly reducing the time and computational resources required compared to continuous real-time synchronization

Inventive Principle:
Principle #19Periodic action

Data Source

PatentUS11449873B2Blockchain transaction reconciliation method and apparatus, and electronic device
Publication Date: 2022.09.20 ADVANCED NEW TECHNOLOGIES CO LTD
  • US11449873B2 patent drawing
  • US11449873B2 patent drawing
  • US11449873B2 patent drawing

AI summary

A blockchain transaction record that is selected from a blockchain account book associated with a blockchain and satisfies a specified condition is obtained by a blockchain member. The blockchain transaction record is compared with an off-chain transaction record maintained by the blockchain member to obtain a comparison value indicating whether the off-chain transaction record is consistent with the blockchain transaction record. If the comparison value indicates that the off-chain transaction record is inconsistent with the blockchain transaction record, the off-chain transaction record is modified based on the blockchain transaction record to make the off-chain transaction record consistent with the blockchain transaction record.