Tencent Files Patent for Blockchain Data Processing, Aiming to Enhance Network Performance and Transaction Speed

Tencent Files Patent for Blockchain Data Processing, Aiming to Enhance Network Performance and Transaction SpeedFinancial World, November 12, 2024 According to information from the State Intellectual Property Office, Tencent Technology (Shenzhen) Co., Ltd

Tencent Files Patent for Blockchain Data Processing, Aiming to Enhance Network Performance and Transaction Speed

Financial World, November 12, 2024 According to information from the State Intellectual Property Office, Tencent Technology (Shenzhen) Co., Ltd. has filed a patent titled "Blockchain Data Processing Method, System, Device and Computer Equipment," with publication number CN118921375A, filed in May 2023.

The patent aims to enhance the data processing performance and transaction response speed of blockchain networks. Its core lies in a unique data processing method. This method first reads transaction data from the transaction queue. This data is sent to the transaction queue by business nodes in the business network via proxy nodes. Subsequently, the method generates proposal information for the target block based on the transaction data and sends it to the consensus queue. Each consensus node in the consensus network then reads the proposal information from the consensus queue and uses it to reach consensus on the target block. During the consensus process, each consensus node interacts with the consensus queue for consensus data. Once consensus is reached, the target block is sent to the data queue for business nodes to read.

The patent abstract indicates that the method can be applied in technology fields such as cloud technology, cloud storage, and blockchain. Specific application scenarios include:

• Cloud Storage Optimization: Ensuring the security and integrity of data storage through blockchain technology, thereby enhancing the reliability of cloud storage.

• Transaction Efficiency Improvement: Optimizing the transaction processing workflow, shortening transaction confirmation times, and improving transaction efficiency.

• Data Security Assurance: Utilizing the distributed ledger technology of blockchain to achieve tamper-proof data, enhancing data security.

The significance of Tencent filing this patent lies in its indication of the company's active exploration of blockchain technology applications in areas such as data processing and network security. As blockchain technology continues to evolve, Tencent is expected to utilize this patent technology in the future to build more efficient, secure, and reliable blockchain applications, further expanding its presence in the digital economy.

It's important to note that this patent is currently in the public disclosure stage and has not yet been granted. However, its publication provides a window into Tencent's blockchain technology strategy and foreshadows potential breakthroughs in this field.