Ping An Puhui's "Intelligent Payment" Patent Application: Enhancing Efficiency and Security

Ping An Puhui's "Intelligent Payment" Patent Application: Enhancing Efficiency and SecurityOn March 29, 2025, the State Intellectual Property Office of China (SIPO) revealed that Ping An Puhui Asset Management Co., Ltd

Ping An Puhui's "Intelligent Payment" Patent Application: Enhancing Efficiency and Security

On March 29, 2025, the State Intellectual Property Office of China (SIPO) revealed that Ping An Puhui Asset Management Co., Ltd. filed a patent application titled "Intelligent Payment Method, Apparatus, Computer Equipment, and Storage Medium," with publication number CN119692999A and an application date of November 2024. This patent application underscores Ping An Puhui's ongoing exploration and innovation in fintech, aiming to enhance payment efficiency and security.

The patent abstract indicates that the invention falls under the fintech domain and focuses on a novel intelligent payment method, apparatus, computer equipment, and storage medium. Key steps in the method include: firstly, acquiring encrypted payment information from a blockchain network; secondly, performing cross-chain analysis and decryption of this information to obtain decrypted payment details; thirdly, constructing a user payment profile based on the decrypted information; fourthly, extracting key features from the user payment profile and generating payment contract code based on the extracted feature vectors; fifthly, the system judges whether the generated payment contract code meets preset security requirements; if it does, the code is deployed to the corresponding blockchain network to execute the payment contract; if not, the system updates the code iteratively until the security requirements are met.

The core advantage of this intelligent payment method lies in its ability to effectively implement highly secure and personalized payment settings for users, significantly improving payment efficiency. Through in-depth analysis and modeling of user payment behavior, the system dynamically adjusts payment strategies based on individual circumstances, providing a safer and more convenient payment experience. This improvement is reflected not only in faster payment speeds but also, significantly, in enhanced security. Traditional payment methods often face various security risks, such as information leaks and fraud. This patent application's intelligent payment method minimizes these risks by rigorously checking and iteratively updating the payment contract code, providing a more secure payment environment for users.

This personalized and enhanced security is based on in-depth analysis of user payment profiles. By analyzing historical payment data and transaction habits, the system identifies user payment preferences and potential risks, allowing for more precise payment strategies. For example, the system can implement stricter verification measures for high-risk transactions and simplify the payment process for low-risk transactions, improving efficiency. This dynamic adjustment of payment strategies not only enhances efficiency but also reduces security risks, providing superior payment services.

Cross-chain analysis and decryption are another key technology. In today's complex financial environment, payment information often needs to be processed across multiple blockchain networks. The patent's proposed cross-chain analysis and decryption technology efficiently handles cross-chain payment information, ensuring its integrity and securitycrucial for improving efficiency and security. This technology effectively addresses incompatibility issues between different blockchain networks, enabling seamless transfer and processing of payment information, improving efficiency and mitigating security risks associated with information silos.

Furthermore, the patent application includes intelligent payment apparatus, computer equipment, and storage media. These hardware and software components constitute a complete intelligent payment system, providing the necessary support for the method's implementation. The development and optimization of these components are also crucial for enhancing efficiency and security. They require not only powerful processing capabilities to handle large volumes of payment transactions but also high security to protect user payment information from attacks.

Ping An Puhui, established in 2020 with a registered capital of 500 million RMB, is headquartered in Shenzhen and primarily engages in monetary financial services. According to Tianyancha (a Chinese business information platform), Ping An Puhui has invested in two companies, participated in nine bidding projects, owns two trademarks, 28 patents, and four administrative licenses. This data demonstrates Ping An Puhui's strong financial capabilities and proactive innovation spirit. Its continuous investment in R&D and active market participation reflect its ambition in the fintech sector.

The application for the "Intelligent Payment Method, Apparatus, Computer Equipment, and Storage Medium" patent is another significant advancement for Ping An Puhui in fintech. It showcases its technological innovation capabilities and commitment to providing safer and more efficient payment services. With further development and application, this technology is expected to play a vital role in driving fintech development and improving payment efficiency and security. Ping An Puhui's continuous innovation sets a positive example for the industry, pushing it towards greater safety and efficiency. The technology's application will not be limited to Ping An Puhui; through licensing or other collaborations, it can benefit a wider range of financial institutions and users, ultimately fostering a healthier financial ecosystem. By streamlining payment processes and reducing human error and fraud, it has the potential to significantly reduce payment costs and improve the overall efficiency of financial services. This is not only an improvement for Ping An Puhui's own business but also a significant contribution to the entire financial industry.

The significance of this patent application extends beyond the technological level; it also reflects Ping An Puhui's astute observation and proactive planning for future fintech trends. In the digital economy, payment security and efficiency are paramount. Through this patent application, Ping An Puhui demonstrates its positive attitude and innovative capacity in addressing future challenges and opportunities, laying a solid foundation for maintaining its leading position in the competitive market. This is not only necessary for Ping An Puhui's own development but also an inevitable trend for the continuous development of the entire financial industry. In the future, we can expect to see more similar innovative technologies emerge, jointly promoting the progress and development of the financial industry.