Nasdaq Technology AB (20240380618). SYSTEMS AND METHODS FOR STORING AND SHARING TRANSACTIONAL DATA USING DISTRIBUTED COMPUTER SYSTEMS simplified abstract
Contents
SYSTEMS AND METHODS FOR STORING AND SHARING TRANSACTIONAL DATA USING DISTRIBUTED COMPUTER SYSTEMS
Organization Name
Inventor(s)
[[:Category:Fredrik Sj�blom of Älvsjö (SE)|Fredrik Sj�blom of Älvsjö (SE)]][[Category:Fredrik Sj�blom of Älvsjö (SE)]]
SYSTEMS AND METHODS FOR STORING AND SHARING TRANSACTIONAL DATA USING DISTRIBUTED COMPUTER SYSTEMS - A simplified explanation of the abstract
This abstract first appeared for US patent application 20240380618 titled 'SYSTEMS AND METHODS FOR STORING AND SHARING TRANSACTIONAL DATA USING DISTRIBUTED COMPUTER SYSTEMS
The abstract describes a computer system that interfaces with a blockchain to handle match data transactions between different identifiers. The system generates blockchain transactions based on the match data and splits the match into two separate transactions recorded on the blockchain.
- Simplified Explanation:
The computer system manages match data transactions between different identifiers by generating blockchain transactions and splitting the match into two separate transactions.
- Key Features and Innovation:
- Computer system interfaces with blockchain - Handles match data transactions - Generates blockchain transactions based on match data - Splits match into two separate transactions - Records transactions on the blockchain
- Potential Applications:
- Financial transactions - Supply chain management - Voting systems - Gaming industry - Real estate transactions
- Problems Solved:
- Ensures secure and transparent transactions - Facilitates efficient data management - Reduces the risk of fraud - Improves traceability of transactions - Enhances trust in the system
- Benefits:
- Increased security - Improved efficiency - Enhanced transparency - Reduced fraud - Greater trust in transactions
- Commercial Applications:
Title: Blockchain Match Data Transaction System Potential commercial uses include financial institutions, supply chain companies, gaming platforms, voting systems, and real estate agencies. This technology can revolutionize how transactions are conducted securely and transparently.
- Questions about Blockchain Match Data Transaction System:
1. How does the system ensure the security of transactions? The system ensures security through blockchain technology, which provides a decentralized and tamper-proof ledger for recording transactions.
2. What industries can benefit the most from this technology? Industries such as finance, supply chain management, gaming, voting, and real estate can benefit significantly from this technology.
Original Abstract Submitted
a computer system that interfaces with a blockchain is provided. the computer system receives match data for a match between a first data transaction request that is associated with a first identifier and a second data transaction request that is associated with a second identifier. a first blockchain transaction is generated based on the match data and stored to a blockchain. at least one further blockchain transaction is generates that splits the match into two different transactions—one between the first identifier and an intermediary and the second between the intermediary. these are recorded to the blockchain via the further blockchain transactions.
