Alipay (Hangzhou) Information Technology Co., Ltd. (20240257268). BLOCKCHAIN-BASED DATA PROCESSING simplified abstract
Contents
BLOCKCHAIN-BASED DATA PROCESSING
Organization Name
Alipay (Hangzhou) Information Technology Co., Ltd.
Inventor(s)
BLOCKCHAIN-BASED DATA PROCESSING - A simplified explanation of the abstract
This abstract first appeared for US patent application 20240257268 titled 'BLOCKCHAIN-BASED DATA PROCESSING
Simplified Explanation: The patent application describes a method of processing data using blockchain technology within a blockchain node. This method involves storing payment records and electronic tickets obtained by institution members after making payments based on reimbursement codes. The process includes querying payment records and electronic tickets, performing association processing, write-off processing, on-chain processing, and accounting processing.
Key Features and Innovation:
- Utilizes blockchain technology for data processing within a blockchain node.
- Stores payment records and electronic tickets for reimbursement payments.
- Automates the processing of reimbursement forms for institution members.
- Enables tax declaration processing through blockchain upload.
Potential Applications: This technology can be applied in various industries such as finance, healthcare, and supply chain management for secure and efficient data processing. It can streamline reimbursement processes and improve transparency in financial transactions.
Problems Solved:
- Streamlines reimbursement processes for institution members.
- Enhances data security and transparency.
- Automates accounting and tax declaration processes.
Benefits:
- Increased efficiency in processing reimbursement payments.
- Improved data security and transparency.
- Simplified accounting and tax declaration procedures.
Commercial Applications: The technology can be utilized by financial institutions, healthcare providers, and government agencies to streamline payment processing, improve data security, and enhance transparency in financial transactions.
Questions about Blockchain-Based Data Processing: 1. How does blockchain technology enhance data security in payment processing? 2. What are the potential challenges of implementing blockchain-based data processing in different industries?
Frequently Updated Research: Stay updated on the latest advancements in blockchain technology for data processing to ensure optimal implementation and utilization of this innovative method.
Original Abstract Submitted
a blockchain-based data processing method is applied to a blockchain node in a blockchain. the blockchain is used to store a payment record and an electronic ticket that are obtained after an institution member makes a payment based on a reimbursement code of an institution. the method includes: querying a payment record and an electronic ticket of a reimbursement payment event of the institution member in the blockchain after a write-off condition of the institution member is triggered; performing association processing of the reimbursement payment event based on the queried payment record and electronic ticket, to obtain to-be-written-off data; performing write-off processing on the to-be-written-off data, to generate a reimbursement form of the institution member, and performing on-chain processing; and performing accounting processing based on the reimbursement form, and uploading an obtained accounting voucher to the blockchain for tax declaration processing.
