JIO PLATFORMS LIMITED (20240330058). METHOD AND SYSTEM FACILITATING CONFIGURABLE STATE PROCESSING IN BLOCKCHAIN SYSTEMS simplified abstract
Contents
METHOD AND SYSTEM FACILITATING CONFIGURABLE STATE PROCESSING IN BLOCKCHAIN SYSTEMS
Organization Name
Inventor(s)
Dilip Krishnaswamy of Bangalore, Karnataka (IN)
Aayush Bhatnagar of Navi Mumbai, Maharashtra (IN)
METHOD AND SYSTEM FACILITATING CONFIGURABLE STATE PROCESSING IN BLOCKCHAIN SYSTEMS - A simplified explanation of the abstract
This abstract first appeared for US patent application 20240330058 titled 'METHOD AND SYSTEM FACILITATING CONFIGURABLE STATE PROCESSING IN BLOCKCHAIN SYSTEMS
The present invention offers a method and system for configurable state processing in blockchain systems. The system can receive data packets representing state variables and transitions, trace predefined paths, and store changes in a database.
- The system facilitates configurable state processing in blockchain systems.
- It can receive data packets corresponding to state variables and transitions.
- The system traces predefined paths using a machine learning engine.
- Changes to state variables are captured, recorded, or stored in a database.
- The method allows for secure and configurable incremental and end-to-end state transitions.
Potential Applications:
- Blockchain technology
- Data management systems
- Financial transactions
- Supply chain management
- Smart contracts
Problems Solved:
- Efficient state processing in blockchain systems
- Secure and traceable state transitions
- Configurable data handling
- Enhanced data security
- Improved system performance
Benefits:
- Increased efficiency in blockchain operations
- Enhanced data security and traceability
- Customizable state processing
- Improved system performance
- Streamlined data management
Commercial Applications: Title: "Enhanced State Processing System for Blockchain Applications" This technology can be used in various industries such as finance, healthcare, supply chain, and logistics to improve data management, security, and transaction processing in blockchain systems. It can also be valuable for companies developing smart contracts and decentralized applications.
Questions about Blockchain State Processing: 1. How does the system ensure the security of state transitions in blockchain systems? The system uses a machine learning engine to trace predefined paths, which may be secure, ensuring the integrity of state transitions.
2. What are the potential applications of configurable state processing in blockchain technology? Configurable state processing can be applied in various industries such as finance, supply chain management, and smart contracts to enhance data management and system performance.
Original Abstract Submitted
the present invention provides a method and system for facilitating configurable state processing in blockchain systems. the system may be configured to receive a set of data packets corresponding to state variables in any or a combination of incremental transitions and end to end transaction from an initial e2e-bstate to an end e2e-bstate. from a first computing device, extract a first set of attributes from the set of data packets received corresponding to one or more paths in a state transition graph starting from the initial e2e-bstate to the end e2e-bstate. with the help of the ml engine, the system may trace a predefined path based that may be secure and any or a combination of the incremental transitions and the end-to-end state transitions may be configurable and then capture, record or store changes to the state variables in a database.
