Shandong University of Technology Software Applies for Patent for "Virtual Printing Drive Digital Asset On-Chain Issuance", Facilitating Integration of Information Systems with Blockchain

Shandong University of Technology Software Applies for Patent for "Virtual Printing Drive Digital Asset On-Chain Issuance", Facilitating Integration of Information Systems with BlockchainFinancial World, September 18, 2024 According to intellectual property information from Tianyancha, Shandong University of Technology Software Co., Ltd

Shandong University of Technology Software Applies for Patent for "Virtual Printing Drive Digital Asset On-Chain Issuance", Facilitating Integration of Information Systems with Blockchain

Financial World, September 18, 2024 According to intellectual property information from Tianyancha, Shandong University of Technology Software Co., Ltd. has filed a patent for "a method and system for digital asset on-chain issuance based on virtual printing drive", with a publication number of CN202410670946.2, and an application date of May 2024.

This patent aims to solve the pain points of traditional digital asset issuance, including complex processes and high technical barriers. Its core principle is to use virtual printing technology to directly upload files from information systems to the blockchain, enabling fast digital asset issuance without the need to modify existing information systems, thereby significantly lowering the technical threshold and implementation difficulty.

The patent abstract shows that the method and system mainly include the following steps:

1. Sensing printing events: The system senses print output events from the information system, such as when a user chooses to print a file.

2. Triggering on-chain: In response to the printing event, the system triggers the on-chain process, transmitting the file information to the blockchain network.

3. Identity verification: The system identifies the user entity receiving the file and performs identity authentication.

4. Determining the issuance target: Through identity authentication, the system determines the legitimate digital asset issuance target.

5. Issuing digital assets: Based on the specified digital asset type, the system issues the file as an attachment for the digital asset to the authenticated blockchain user's account.

The method and system for virtual printing drive digital asset on-chain issuance proposed by this patent have the following advantages:

• Seamless Integration: Achieving seamless integration between information systems and digital systems, accelerating the process of digital transformation.

• Lowering the Threshold: No need to modify existing information systems, lowering the technical barrier, implementation difficulty, and investment costs.

• Increased Willingness: Reducing the cost and difficulty of user digital transformation, increasing the user's willingness to undertake digital transformation.

• Reliable Experience: Through blockchain technology, the credibility, orderliness, security, and good experience of digital assets can be ensured.

This patent applied for by Shandong University of Technology Software reflects its technological innovation capability in the field of digital assets and provides new insights for the integration of information systems with blockchain technology. In the future, as this technology continues to develop and be applied, it will bring opportunities for digital upgrading to more industries and accelerate the vigorous development of the digital economy.

This article is from: Financial World Author: Intellect Officer