Transaction Meta-Ledger Hash Verification
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Solution Overview
Problem
Existing methods for recording and verifying state information in enterprises are inefficient and insecure, especially when dealing with large amounts of frequently updated data, as they often require sharing sensitive information with third parties and lack secure, distributed transaction systems.
Innovation Solution
A system that uses a transaction data collection platform to group transactions, apply a hash function to create a signature, and record this signature in a secure, distributed transaction meta-ledger, allowing for secure and efficient storage and verification of state information without revealing sensitive details, utilizing blockchain technology for tamper-proof data management.
Engineering Contradictions & Design Principles
Engineering Contradiction Analysis
1Reliability
If an enterprise periodically supplies a complete set of state information details to a third party for storage and verification, then the third party can verify past state information, but the enterprise must share sensitive information (trade secrets, confidential processes, personal information) and the approach becomes impractical when there is a substantial amount of state information and/or when the state information is frequently updated
Solution Approach 1:
The patent extracts only the essential verification elements (hashes of state information) from the complete set of detailed state information. Instead of sharing all raw data with third parties, the system extracts and stores only cryptographic hash values that can verify the integrity of the original data without revealing the data itself. This resolves the contradiction by maintaining verification capability while eliminating sensitive information exposure.
Solution Approach 2:
The patent introduces cryptographic hash functions as an intermediary mechanism between the enterprise's state information and the third-party verification system. The hash function transforms the original state information into a fixed-size hash value that serves as a mediator - it allows verification of data integrity without exposing the underlying sensitive information. This intermediary approach enables reliable verification while protecting trade secrets and confidential data.
2Reliability
If an enterprise periodically supplies a complete set of state information details to a third party for storage and verification, then the third party can verify past state information, but the approach becomes impractical when there is a substantial amount of state information and/or when the state information is frequently updated
Solution Approach 1:
The patent extracts only the essential verification elements (hashes of state information) from the complete set of detailed state information. Instead of sharing all raw data with third parties, the system extracts and stores only cryptographic hash values that can verify the integrity of the original data without revealing the data itself. This resolves the contradiction by maintaining verification capability while eliminating sensitive information exposure.
Solution Approach 2:
The patent creates cryptographic hash copies of the original state information instead of storing and transmitting the complete data sets. These hash copies are fixed-size representations that enable verification without requiring storage or transmission of the actual sensitive information. This copying approach dramatically reduces storage and processing requirements while maintaining verification reliability.
3Ease of operation
If traditional centralized storage systems are used to store state information, then data can be retrieved as needed, but the systems lack security and tamper-proof capabilities
Solution Approach 1:
The patent applies preliminary cryptographic hashing to state information before storage. By pre-computing hash values and storing them in a distributed ledger structure, the system establishes tamper-proof verification capabilities in advance. This preliminary action ensures that any subsequent attempts to alter stored data will be detectable through hash verification, providing both ease of retrieval and strong integrity guarantees.
Solution Approach 2:
The patent replaces traditional mechanical centralized storage systems with a distributed ledger system based on cryptographic principles. Instead of relying on physical security and centralized control mechanisms, the system uses cryptographic hash functions and distributed consensus to provide security and tamper-proof capabilities. This substitution maintains operational ease while dramatically improving data integrity and security.
Data Source
AI summary
An original transaction data store may provide information about a series of transactions over time. A transaction data collection platform may group some of those transactions into a subset of transactions and apply a hash function to that subset to create a signature representing verifiable state information associated with an enterprise. The transaction data collection platform may then record information about the signature via a secure, distributed transaction meta-ledger without recording the subset of transactions. According to some embodiments, a transaction audit platform may retrieve the signature from the meta-ledger and retrieve original information associated with the subset of transactions (e.g., from an offline original transaction data store). The transaction audit platform may then apply the hash function to the original information to re-create an original signature, compare the retrieved signature with the original signature, and output an indication of a verification result of the comparison.