Hengyou Technology Applies for Patent on Blockchain-Based Secure Transmission of Financial Transaction Data

Hengyou Technology Applies for Patent on Blockchain-Based Secure Transmission of Financial Transaction DataFinancial News, October 9, 2024 - Beijing Hengyou Technology Co., Ltd

Hengyou Technology Applies for Patent on Blockchain-Based Secure Transmission of Financial Transaction Data

Financial News, October 9, 2024 - Beijing Hengyou Technology Co., Ltd. has filed a patent for a "Method for Secure Transmission of Financial Transaction Data Based on Blockchain," with publication number CN118748610A, filed in July 2024. This patent aims to improve the accuracy of financial transaction data category classification results, providing a new solution for secure and efficient data transmission.

The patent abstract indicates that the method falls under the field of data transmission technology and comprises the following steps:

1. Obtain Financial Transaction Data: Initially, the system acquires the financial transaction data requiring transmission.

2. Construct Graph Structure: Based on attribute vectors of the financial transaction data, the system constructs a first graph structure. Additionally, corresponding second graph structures are built based on transaction data for each dimension.

3. Node Label Update: Within the second graph structure, the system leverages similarity between nodes to obtain updated labels for each node. This process is completed, resulting in a first label and historical label sequence for each node.

4. Target Label Acquisition: Based on the similarity between each node and its neighbor nodes' historical label sequences, the system obtains corresponding target labels.

5. Target Graph Structure Construction: Combining the label change patterns of each node and its neighbors, the system updates initial edge values, producing a target graph structure.

6. Node Classification and Encrypted Transmission: Utilizing the SLPA algorithm and the target graph structure, the system updates and classifies nodes within the first graph structure. Based on the classification results, financial transaction data is encrypted and transmitted.

This patent employs blockchain technology, graph structure analysis, and the SLPA algorithm to classify and encrypt financial transaction data, enhancing the accuracy of data category classification and effectively ensuring the security and reliability of financial transaction data.

The filing of this patent application signifies a new breakthrough for Hengyou Technology in the field of secure financial transaction data transmission. As financial technology continues to evolve, the demand for secure financial transaction data is increasing. Hengyou Technology's patent technology is poised to provide the financial industry with more secure and efficient data transmission solutions, driving the digital transformation of the industry.