Tencent Applies for a Patent on "Cross-chain Transaction Processing Method" to Enhance Blockchain Transaction Security

Tencent Applies for a Patent on "Cross-chain Transaction Processing Method" to Enhance Blockchain Transaction SecurityFinancial World, November 11, 2024: According to information from the National Intellectual Property Administration, Tencent Technology (Shenzhen) Co., Ltd

Tencent Applies for a Patent on "Cross-chain Transaction Processing Method" to Enhance Blockchain Transaction Security

Financial World, November 11, 2024: According to information from the National Intellectual Property Administration, Tencent Technology (Shenzhen) Co., Ltd. recently applied for a patent titled "Cross-chain Transaction Processing Method, Device, Equipment, and Storage Medium," with publication number CN118917939A, filed in May 2023.

This patent aims to address security and efficiency issues in cross-chain transactions, providing a more reliable solution for the blockchain field. The patent abstract states that the embodiment of this application discloses a cross-chain transaction processing method, device, equipment, and storage medium suitable for the blockchain field. The method includes:

1. In response to an anomaly in the execution of a cross-chain transaction submitted for the first time on the first business chain at the first moment, storing the transaction record of the cross-chain transaction to the relay chain and adding the cross-chain transaction to the transaction pool of the relay chain. The transaction record includes first status information indicating that the execution of the cross-chain transaction is abnormal. This step aims to ensure that the cross-chain transaction can be recorded and preserved in case of anomalies for subsequent investigation and handling.

2. In response to the confirmation of the successful execution of the cross-chain transaction by the first cross-chain gateway of the first business chain after the first moment, changing the first status information to the second status information and removing the cross-chain transaction from the transaction pool. The second status information indicates that the execution of the cross-chain transaction was successful. The first cross-chain gateway confirms whether the execution of the cross-chain transaction was successful based on the transaction confirmation request received after the first moment. This step ensures the accuracy of the cross-chain transaction status and promptly removes completed transactions from the transaction pool, improving transaction efficiency.

Through these steps, this patent achieves the following advantages:

• Improving the accuracy of the transaction status of cross-chain transactions stored on the relay chain: By recording the transaction execution status and updating it promptly, this ensures the accuracy and reliability of the transaction status information stored on the relay chain.

• Improving the security of cross-chain transactions: By recording and handling abnormal situations, this reduces the potential security risks in cross-chain transactions.

• Enhancing the efficiency of cross-chain transactions: By promptly updating the transaction status and removing transactions from the transaction pool, this improves the processing speed of cross-chain transactions.

The application of this patent demonstrates Tencent's continued research and innovation in blockchain technology, committed to promoting the application and development of blockchain technology. The application of this patented technology is expected to further enhance the security, efficiency, and reliability of cross-chain transactions, laying the foundation for the widespread application of blockchain technology in the future.

Background Information:

Cross-chain transactions are an important and complex area in blockchain technology. Cross-chain transactions refer to transactions between different blockchains, requiring solutions to address protocol differences, security, and efficiency issues between different blockchains. Currently, cross-chain transaction technology is in rapid development, and Tencent's application for this patent is expected to contribute to the advancement of cross-chain transaction technology.

Technical Details:

The "relay chain" mentioned in the patent refers to an intermediate chain used to connect different blockchains, responsible for storing and processing cross-chain transaction information. The first cross-chain gateway refers to the gateway responsible for connecting the first business chain and the relay chain.

Industry Significance:

The patent application by Tencent holds significant importance for the blockchain industry. This technology enhances the security and efficiency of cross-chain transactions, providing strong support for the promotion of blockchain technology applications. In the future, as blockchain technology continues to evolve, cross-chain transaction technology will be more widely applied, and Tencent's patent will help promote the practical application of cross-chain transaction technology and accelerate the development of blockchain technology.

Conclusion:

Tencent's "Cross-chain Transaction Processing Method" patent aims to enhance the security, efficiency, and reliability of cross-chain transactions, providing a more reliable solution for the blockchain field. This patented technology is expected to drive the application development of cross-chain transaction technology and accelerate the development of blockchain technology.