WRT Technologies Limited (20240243934). BLOCKCHAIN, METHOD FOR TRANSMITTING INFORMATION BETWEEN NODES OF THE BLOCKCHAIN, AND METHODS FOR CONFIGURING AND QUERING THE BLOCKCHAIN simplified abstract
BLOCKCHAIN, METHOD FOR TRANSMITTING INFORMATION BETWEEN NODES OF THE BLOCKCHAIN, AND METHODS FOR CONFIGURING AND QUERING THE BLOCKCHAIN
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BLOCKCHAIN, METHOD FOR TRANSMITTING INFORMATION BETWEEN NODES OF THE BLOCKCHAIN, AND METHODS FOR CONFIGURING AND QUERING THE BLOCKCHAIN - A simplified explanation of the abstract
This abstract first appeared for US patent application 20240243934 titled 'BLOCKCHAIN, METHOD FOR TRANSMITTING INFORMATION BETWEEN NODES OF THE BLOCKCHAIN, AND METHODS FOR CONFIGURING AND QUERING THE BLOCKCHAIN
The abstract describes a method of transmitting information within a blockchain network, involving receiving a transaction, updating object instances, and transmitting the updated information to another node.
- Receiving a transaction referencing an object and a containing set within the blockchain.
- Determining existing instances of the object and the containing set.
- Updating the existing instances of the object and the containing set.
- Transmitting the updated instances to another node within the blockchain.
Potential Applications: - Supply chain management - Financial transactions - Healthcare record keeping
Problems Solved: - Ensuring data integrity within a blockchain network - Facilitating secure information transfer between nodes
Benefits: - Enhanced data security - Improved transparency and traceability - Efficient information sharing within a network
Commercial Applications: Title: "Blockchain Data Transmission Technology for Secure Information Sharing" This technology can be utilized in industries such as finance, healthcare, and logistics to streamline data sharing processes and enhance security.
Questions about Blockchain Data Transmission Technology: 1. How does this method ensure the authenticity of transmitted information? 2. What are the potential scalability challenges of implementing this technology in large blockchain networks?
Frequently Updated Research: Stay updated on the latest advancements in blockchain technology for secure data transmission and information sharing.
Original Abstract Submitted
there is described a method of transmitting information from a first node of a blockchain to a second node of the blockchain, the method being carried out by the first node and comprising: receiving a transaction referencing an object and a containing set of the blockchain; determining an existing instance of each of the object and the containing set; updating the existing instance of each of the object and the containing set; and transmitting to the second node of the blockchain the updated instance of each of the object and the containing set. the blockchain may be used to record and/or query provenance information.
