Blockchain Settlement Using Smart Contract Reconciliation
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Solution Overview
Problem
Existing settlement methods face difficulties in real-time reconciliation and transparency, particularly at the end of a billing cycle, due to the lack of shared original call detail records and confidential settlement processes, making dispute resolution challenging.
Innovation Solution
A blockchain-based settlement method that synchronizes original call detail records and performs real-time reconciliation using smart contracts, ensuring open and transparent settlement processes by sharing records and results across nodes, thereby facilitating immediate dispute resolution.
Engineering Contradictions & Design Principles
Engineering Contradiction Analysis
1Reliability
If settlement is performed based on operator's confidential original call detail record at the end of billing cycle, then settlement security is maintained, but reconciliation difficulty increases and transparency decreases
Solution Approach 1:
The patent creates copies of the original call detail record and distributes them to relevant parties through blockchain technology. Each participant receives an identical copy of the settlement data, enabling independent verification without exposing the original confidential record. This resolves the contradiction by maintaining settlement security (the original remains confidential) while reducing reconciliation complexity (copies are readily available for verification).
Solution Approach 2:
The blockchain network acts as an intermediary that facilitates data sharing and verification without requiring direct access to the original confidential records. The smart contract serves as a mediator that automatically executes settlement logic based on the distributed copies, reducing manual reconciliation efforts while maintaining security through the intermediary layer.
2Reliability
If original call detail records are not shared among settlement participants, then data security is maintained, but real-time reconciliation becomes impossible
Solution Approach 1:
The patent distributes copies of the original call detail record to settlement participants through blockchain technology. These copies enable real-time verification and reconciliation without compromising the security of the original confidential data. Participants can perform immediate reconciliation using the distributed copies, eliminating time delays while maintaining data security.
Solution Approach 2:
The original call detail record is pre-processed and copied before the settlement deadline. These copies are distributed in advance to all relevant parties, enabling them to perform reconciliation preparations ahead of time. This preliminary action eliminates last-minute rushes and enables real-time verification when settlement occurs.
3Stability of the object's composition
If massive call detail record data is stored confidentially, then data integrity is maintained, but backtracking and reconciliation become difficult
Solution Approach 1:
The patent creates and distributes copies of the call detail record data through blockchain technology. These distributed copies maintain data integrity through cryptographic verification while enabling easy access for backtracking and dispute detection. Parties can independently verify the data without compromising its integrity, resolving the contradiction between maintaining integrity and enabling detection.
Solution Approach 2:
The patent transitions from a single-confidential-storage model to a multi-dimensional distributed storage model. The data exists in multiple copies across different nodes, each verifiable through cryptographic proofs. This dimensional change enables backtracking and dispute detection from multiple angles while maintaining overall data integrity through the distributed architecture.
Data Source
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AI summary
Embodiments of this application discloses a blockchain settlement method, including: receiving, by a first blockchain node, a first original call detail record sent by a first client, and synchronizing the first original call detail record to a blockchain; processing, by the first blockchain node, the first original call detail record according to a smart contract to obtain a first settlement result, and sending the first settlement result to the second blockchain node; receiving, by the first blockchain node, a first confirmation message returned by the second blockchain node, where the first confirmation message is used to indicate a result of reconciliation performed by the second blockchain node on the first original call detail record according to the smart contract; determining, by the first blockchain node, whether the first confirmation message carries information that reconciliation on the first settlement result succeeds; if the first confirmation message carries the information that the reconciliation on the first settlement result succeeds, synchronizing, by the first blockchain node, the first settlement result to the blockchain; and sending, by the first blockchain node, bill data generated based on the first settlement result to the first client.