Tencent Technology (Shenzhen) Company Limited (20240333814). DATA PROCESSING METHOD BASED ON BLOCKCHAIN, COMPUTER DEVICE, AND STORAGE MEDIUM simplified abstract

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DATA PROCESSING METHOD BASED ON BLOCKCHAIN, COMPUTER DEVICE, AND STORAGE MEDIUM

Organization Name

Tencent Technology (Shenzhen) Company Limited

Inventor(s)

Zimin Chen of Shenzhen (CN)

DATA PROCESSING METHOD BASED ON BLOCKCHAIN, COMPUTER DEVICE, AND STORAGE MEDIUM - A simplified explanation of the abstract

This abstract first appeared for US patent application 20240333814 titled 'DATA PROCESSING METHOD BASED ON BLOCKCHAIN, COMPUTER DEVICE, AND STORAGE MEDIUM

The abstract describes a data processing method based on blockchain technology, specifically focusing on creating stream-resource transfer channels for stream-resource channel creation requests.

  • The method involves creating a target stream-resource transfer channel based on a stream-resource transfer contract in the blockchain, allowing for stream-resource transfer processing.
  • It includes obtaining historical stream-resource transfer channels and combining them with the target stream-resource transfer channel to create an updated stream-resource transfer channel.
  • The updated channel facilitates stream-resource transfer processing associated with specific object address pairs.

Potential Applications: - Secure data transfer in various industries such as finance, healthcare, and supply chain management. - Smart contracts for automated transactions. - Decentralized applications requiring reliable data processing.

Problems Solved: - Ensures secure and transparent data transfer. - Facilitates efficient stream-resource transfer processing. - Enhances trust and reliability in blockchain-based transactions.

Benefits: - Improved data security and integrity. - Streamlined data processing and transfer. - Increased efficiency and trust in blockchain transactions.

Commercial Applications: Title: Blockchain-Based Secure Data Transfer for Various Industries This technology can be utilized in finance for secure transactions, healthcare for confidential data transfer, and supply chain management for transparent logistics tracking. The market implications include increased adoption of blockchain technology in various sectors.

Prior Art: Readers can explore prior research on blockchain data processing methods, stream-resource transfer channels, and smart contracts in the blockchain space to understand the evolution of this technology.

Frequently Updated Research: Stay updated on the latest advancements in blockchain data processing, stream-resource transfer channels, and smart contract technologies to leverage the most current innovations in the field.

Questions about Blockchain-Based Data Processing: 1. How does this technology ensure data security in blockchain transactions? - The technology utilizes secure stream-resource transfer channels and contracts to encrypt and transfer data securely within the blockchain network.

2. What are the potential risks associated with using blockchain for data processing? - Some potential risks include vulnerabilities in smart contracts, regulatory challenges, and scalability issues that need to be addressed for widespread adoption of blockchain technology.


Original Abstract Submitted

a data processing method based on a blockchain includes creating a target stream-resource transfer channel for a stream-resource channel creation request in the blockchain based on a stream-resource transfer contract in the blockchain, the stream-resource channel creation request comprising a target object address pair, and the target stream-resource transfer channel providing, for the target object address pair, a function of performing stream-resource transfer based on the stream-resource transfer contract; obtaining a historical stream-resource transfer channel comprising a historical object address pair, the target object address pair and the historical object address pair sharing at least one identical object address; combining the historical stream-resource transfer channel and the target stream-resource transfer channel to obtain an update stream-resource transfer channel, the update stream-resource transfer channel comprising an update object address pair; and performing, according to the update stream-resource transfer channel, stream-resource transfer processing associated with the update object address pair.