State Grid Digital Technology Develops Patent for "Data Sharing Method for Multiple Systems," Potentially Enhancing Blockchain Data Sharing Efficiency

State Grid Digital Technology Develops Patent for "Data Sharing Method for Multiple Systems," Potentially Enhancing Blockchain Data Sharing EfficiencyAccording to information from the State Intellectual Property Office, State Grid Digital Technology Development (Beijing) Co., Ltd

State Grid Digital Technology Develops Patent for "Data Sharing Method for Multiple Systems," Potentially Enhancing Blockchain Data Sharing Efficiency

According to information from the State Intellectual Property Office, State Grid Digital Technology Development (Beijing) Co., Ltd. filed a patent in April 2023 for "Data Sharing Method, Device, Storage Medium and Processor for Multiple Systems," with publication number CN118798795A. This patent aims to address the inefficiency and security issues in existing data sharing models, utilizing blockchain technology to enable efficient and secure data sharing among multiple systems.

The patent abstract reveals that the method is applied to blockchain and incorporates a unified smart contract. The core steps include:

1. Obtaining Authentication Request: Acquiring authentication requests sent to the unified smart contract from various systems within the business process.

2. Identity Authentication: Responding to authentication requests from each system and conducting identity authentication for each system.

3. Data On-chain: After authentication is successful, the initial data from each system is stored on-chain, enabling data sharing.

The innovation of this method lies in its ability to store the initial data from various systems on-chain, eliminating the mutual dependence on data uploads between systems. This allows multiple systems to upload data to the blockchain in parallel, significantly improving processing efficiency within the business process. Additionally, as the initial data is verified by multiple business entities, its validity is ensured.

Furthermore, the adoption of blockchain technology for distributed storage effectively enhances data security. The distributed ledger technology of blockchain guarantees data immutability and transparency, effectively preventing malicious alteration or loss of data.

This patented technology boasts vast application prospects, with the potential to enhance data sharing efficiency and guarantee data security in various fields. For example, in the financial sector, the technology can be used to build data sharing platforms among banks, insurance companies, and securities firms, improving financial transaction efficiency and transparency. In healthcare, it can be used to construct shared platforms for patients' electronic health records, providing healthcare institutions with more comprehensive patient information and improving healthcare service efficiency. In the supply chain sector, it can be used to build data sharing platforms among suppliers, manufacturers, and logistics companies, enhancing supply chain efficiency and transparency.

In summary, the "Data Sharing Method for Multiple Systems" patent developed by State Grid Digital Technology Development effectively addresses the pain points of existing data sharing models by integrating blockchain technology with data sharing technology. It offers a new approach to building efficient, secure, and reliable data sharing systems. The application of this technology is expected to have a positive impact on the evolution of future data sharing models.