20240046259. STORAGE MEDIUM, CONSIDERATION DISTRIBUTION METHOD, AND CONSIDERATION DISTRIBUTION APPARATUS simplified abstract (Fujitsu Limited)

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STORAGE MEDIUM, CONSIDERATION DISTRIBUTION METHOD, AND CONSIDERATION DISTRIBUTION APPARATUS

Organization Name

Fujitsu Limited

Inventor(s)

Takeshi Miyamae of Kawasaki (JP)

Shenbin Zhang of Beijing (CN)

STORAGE MEDIUM, CONSIDERATION DISTRIBUTION METHOD, AND CONSIDERATION DISTRIBUTION APPARATUS - A simplified explanation of the abstract

This abstract first appeared for US patent application 20240046259 titled 'STORAGE MEDIUM, CONSIDERATION DISTRIBUTION METHOD, AND CONSIDERATION DISTRIBUTION APPARATUS

Simplified Explanation

The patent application describes a storage medium that stores a program for verifying the validity of transactions in a blockchain. The program is designed to be executed by a computer and includes a process for verifying the validity of a first transaction stored in the blockchain. The first transaction represents a cumulative consideration from an upstream process in a supply chain to a certain process. The first transaction is locked in a one-step downstream process using a hash value based on a random number. If the verification result is valid, a second transaction is stored in the blockchain, representing a cumulative consideration from the most upstream process to a one-step upstream process. The second transaction is also locked. The first cumulative consideration is acquired by unlocking the first transaction based on the random number, and the random number is sent to the one-step downstream process.

  • The storage medium stores a program for verifying the validity of transactions in a blockchain.
  • The program is executed by a computer and includes a process for verifying the validity of a first transaction.
  • The first transaction represents a cumulative consideration from an upstream process in a supply chain to a certain process.
  • The first transaction is locked in a one-step downstream process using a hash value based on a random number.
  • If the verification result is valid, a second transaction is stored in the blockchain.
  • The second transaction represents a cumulative consideration from the most upstream process to a one-step upstream process.
  • The second transaction is also locked.
  • The first cumulative consideration is acquired by unlocking the first transaction based on the random number.
  • The random number is sent to the one-step downstream process.

Potential Applications:

  • Supply chain management: This technology can be applied in supply chain systems to ensure the validity and security of transactions between different processes.
  • Financial transactions: The use of blockchain and verification processes can enhance the security and transparency of financial transactions.

Problems Solved:

  • Verification of transaction validity: The technology solves the problem of verifying the validity of transactions in a blockchain, ensuring that only valid transactions are stored.
  • Security of transactions: By using hash values and random numbers, the technology enhances the security of transactions in the blockchain.

Benefits:

  • Increased transparency: The technology provides a transparent and auditable record of transactions in the blockchain, improving trust and accountability.
  • Enhanced security: By using hash values and random numbers, the technology adds an extra layer of security to the transactions stored in the blockchain.
  • Efficient supply chain management: The technology allows for the secure and efficient transfer of cumulative considerations in a supply chain, improving overall supply chain management processes.


Original Abstract Submitted

a storage medium storing a consideration distribution program that causes at least one computer to execute a process that includes performing verification of validity of a first transaction stored in a blockchain, the first transaction including a first cumulative consideration from a most upstream process of a supply chain to a certain process, the first transaction being locked in one step downstream process by using a hash value based on a certain random number; storing a second transaction in the blockchain when a result of the verification is valid, the second transaction including a second cumulative consideration from the most upstream process to one step upstream process, the second transaction being locked; acquiring the first cumulative consideration by unlocking the first transaction based on the certain random number; and sending the certain random number to the one step downstream process.

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