Tencent Applies for Blockchain-Based Data Processing Patent to Enhance Cross-Chain Efficiency and Security

Tencent Applies for Blockchain-Based Data Processing Patent to Enhance Cross-Chain Efficiency and SecurityOn December 5, 2024, the State Intellectual Property Office of China revealed that Tencent Technology (Shenzhen) Co., Ltd

Tencent Applies for Blockchain-Based Data Processing Patent to Enhance Cross-Chain Efficiency and Security

On December 5, 2024, the State Intellectual Property Office of China revealed that Tencent Technology (Shenzhen) Co., Ltd. filed a patent application titled "Blockchain-Based Data Processing Method, Apparatus, Device, and Storage Medium," with publication number CN119067657A, filed in May 2023. This patent application aims to improve cross-chain transaction processing, enhancing efficiency and security, and laying the foundation for broader blockchain technology applications.

The patent abstract details a novel blockchain-based data processing method. Its core lies in optimizing the execution and verification of cross-chain transactions using blockchain technology, addressing the inefficiency and security vulnerabilities inherent in traditional cross-chain transactions. The workflow comprises several key steps:

First, a first blockchain-associated node device in the system receives cross-chain transaction requests from business terminals. This ensures reliable reception and initial processing of requests. Traditional cross-chain transactions may suffer from request loss or delays, but the first node device acts as a reliable entry point, guaranteeing the integrity and timeliness of transaction requests.

Next, the system invokes an on-chain business verification contract within the cross-chain transaction protocol. This contract acts as a rigorous auditor, comprehensively verifying the legitimacy of the target cross-chain business. By analyzing the business description information, the contract determines whether the transaction complies with predefined rules and standards, preventing the execution of malicious or invalid transactions. This step significantly improves transaction security and reliability, reducing losses from erroneous transactions.

The verification result dictates subsequent actions. If the business verification indicates legitimacy, the system proceeds; otherwise, the transaction request is terminated to avoid potential risks. This stringent verification mechanism effectively prevents fraud and illegal operations, safeguarding system security.

If verification passes, the system invokes an on-chain business execution contract within the cross-chain transaction protocol. This contract executes the target cross-chain business and generates corresponding cross-chain transaction data. This is the core of the transaction process, ensuring data integrity and accuracy. The immutability of data recorded on the blockchain further enhances security.

Finally, the system sends the generated cross-chain transaction data to N cross-chain relay devices associated with the cross-chain transaction protocol. These relay devices broadcast the transaction data to other blockchain networks, ensuring data synchronization and consistency. This guarantees smooth cross-chain transactions across different networks and minimizes data loss or delay risks.

Compared to traditional methods, this patent application offers significant advantages. By introducing on-chain business verification and execution contracts, it enhances efficiency and security. Traditional cross-chain transactions may involve multiple intermediate steps and be susceptible to single points of failure, while this method, leveraging blockchain's distributed nature and smart contracts' automated execution, simplifies the process, improves efficiency, and enhances fault tolerance.

Furthermore, the application covers related apparatus, devices, and storage media. These hardware and software components form the infrastructure of the cross-chain transaction processing system, ensuring stability and reliable operation. Specific design and implementation details may be disclosed in subsequent patent applications.

In conclusion, Tencent Technology (Shenzhen) Co., Ltd.'s blockchain-based data processing patent application effectively addresses efficiency and security challenges in cross-chain transactions through the ingenious use of blockchain and smart contract technologies. Its successful application will pave the way for broader blockchain adoption in finance, supply chain management, digital identity authentication, and other fields, driving the technology towards greater maturity and reliability. It significantly contributes to improved cross-chain efficiency and security, reflecting Tencent's ongoing investment and innovation in blockchain technology. The patent's publication will undoubtedly have a positive impact on the entire blockchain industry. We can expect this technology to demonstrate even greater potential in practical applications. This patent not only improves efficiency but also ensures the security and reliability of transactions, providing a solid foundation for widespread blockchain adoption. Its innovation lies in combining the decentralization, transparency, and security of blockchain with the practical needs of cross-chain transactions, ultimately achieving efficient and secure cross-chain data processing.

This patent application from Tencent marks China's continued progress in blockchain technology and heralds new development opportunities for cross-chain technology.