Blockchain Node Triggered Smart Code Execution
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Solution Overview
Problem
Maintaining data integrity and confidentiality across multiple databases in a real-time update environment is challenging, especially when updates are generated and pushed by multiple entities, requiring authentication to prevent malicious unauthorized changes.
Innovation Solution
A system utilizing a blockchain node that parses information associated with events, authenticates electronic certificates, and executes smart code to initiate communications between parties, ensuring secure and intelligent updates to databases while maintaining data integrity and confidentiality.
Engineering Contradictions & Design Principles
Engineering Contradiction Analysis
1Productivity
If multiple entities generate and push updates to databases in real-time, then the system productivity and real-time processing capability are improved, but the risk of unauthorized changes and data integrity violations increases
Solution Approach 1:
The patent introduces a blockchain-based intermediary system that mediates between multiple update sources and databases. The blockchain ledger acts as a trusted mediator that records, verifies, and validates all update operations before they are applied to databases, ensuring data integrity while maintaining real-time processing capabilities across multiple entities.
Solution Approach 2:
The system implements feedback mechanisms where blockchain nodes continuously verify update sources, validate update contents, and provide real-time feedback on the authenticity and integrity of updates. This feedback loop ensures that only authorized and valid updates are propagated to databases, maintaining reliability in a multi-entity real-time environment.
2Reliability
If authentication mechanisms are implemented for each computing system generating updates, then the security and data integrity are improved, but the system complexity and processing overhead increase
Solution Approach 1:
The patent implements a universal blockchain-based authentication framework that serves multiple functions simultaneously: identity verification, update validation, integrity checking, and authorization management. This single multi-functional system replaces multiple separate authentication mechanisms, reducing overall system complexity while maintaining comprehensive security across all computing systems generating updates.
3Reliability
If blockchain-based authentication and verification processes are implemented, then the confidentiality and integrity of updates are improved, but the processing time and computational resources required increase
Solution Approach 1:
The system performs preliminary actions by pre-validating update sources and pre-recording authentication data in the blockchain before updates are generated. Computing systems are pre-authenticated and their identities are verified in advance, so that when updates are pushed to databases, the verification process is significantly accelerated, reducing processing time while maintaining confidentiality and integrity.
Data Source
AI summary
A computerized system and method may include, in response to receiving a blockchain via a communications network that includes information associated with an event, parsing, by a blockchain parsing engine being executed by a blockchain node, the information to identify a status state of an item related to the event. The blockchain may be inclusive of the information along with the status state of the item may be stored in a storage unit. An event tracking engine may determine from the parsed information that the status state of the item transitioned from a first state to a second state. Responsive to the event tracking engine determining that a qualifying state is satisfied by the item being in the second state, automatically executing, by the blockchain node, a smart code inclusive of initiating communications between a first party and a second party.