Guangxi Tobacco Industry Applies for a Patent for "Data Processing for Business Systems" using Blockchain Technology to Enhance Data Efficiency

Guangxi Tobacco Industry Applies for a Patent for "Data Processing for Business Systems" using Blockchain Technology to Enhance Data EfficiencyAccording to the National Intellectual Property Administration, Guangxi Tobacco Industry Co., Ltd

Guangxi Tobacco Industry Applies for a Patent for "Data Processing for Business Systems" using Blockchain Technology to Enhance Data Efficiency

According to the National Intellectual Property Administration, Guangxi Tobacco Industry Co., Ltd. filed a patent application in June 2024 for a method, device, equipment, and storage medium "for data processing for business systems", with a publication number CN118689885A. This patent falls under the field of blockchain technology and aims to leverage blockchain technology to improve the efficiency and security of business system data processing.

The patent abstract reveals that the invention discloses a method, device, equipment, and storage medium for data processing for business systems. Its core method comprises the following steps:

1. Obtain initial business data from the business system.

2. Generate decentralized identities, data record primary keys, and timestamps based on the initial business data.

3. Store target business data in blockchain network nodes through a Smart Contract Application Programming Interface (API). Target business data includes initial business data, corresponding decentralized identities, data record primary keys, and timestamps.

4. Export blockchain state data and blockchain ledger data using smart contract scripts and perform visualization processing.

Through these steps, the method proposed by the patent can effectively store business data in the blockchain network and utilize smart contract technology to achieve secure management and efficient access to data.

This patent highlights the application advantages of blockchain technology in enhancing data processing efficiency. By storing business data using blockchain network nodes and utilizing smart contract scripts for data export and visualization processing, the patent can effectively improve data interpretation efficiency.

Specifically, the advantages brought by this patent technology include:

• Data Security and Immutability: Utilizing blockchain technology ensures the security of data storage, preventing data from being tampered with or lost.

• Data Transparency and Traceability: By recording all data operations in the blockchain, it achieves data transparency and traceability.

• Data Sharing and Collaboration: The distributed nature of the blockchain network facilitates the sharing and collaboration of data between different business systems.

• Improved Efficiency: Utilizing smart contract scripts and visualization processing can improve data analysis and processing efficiency, providing quicker and more accurate information support for business decisions.

This patent application filed by Guangxi Tobacco Industry reflects its exploration and efforts in using new technologies to enhance business efficiency. The application of this patent technology will contribute to improving the digitalization level of the tobacco industry and realizing refined and intelligent data management.

As blockchain technology continues to develop and be applied, more similar innovations are expected to emerge in the future, bringing greater value and benefits to various industries.