Alipay (hangzhou) Information Technology Co., Ltd.

Advanced New Technologies Co., Ltd.

Alibaba Group Holding Limited

Alipay Information Technology Co., Ltd.

Guojun Ye

Xuming Lu

Hui Zhou

Jiayi Shao

Disclosed herein are methods, systems, and apparatus for processing blockchain-based guarantee information. One of the methods includes receiving a first cyphertext of a first digital document specifying a guarantee from a first computing device associated with at least a first guarantor and one or more zero-knowledge proofs (ZKPs) related to one or more values associated with the guarantee, and the first digital document specifies one or more predetermined conditions of executing the guarantee; verifying that the one or more ZKPs are correct; storing the first cyphertext to a blockchain based on performing a consensus algorithm; receiving a first message from a second computing device associated with a beneficiary or a representative of the beneficiary.

Blockchain-based trustable guarantees

The present disclosure provides an object distribution processing method, device, and system. The object distribution processing method includes: receiving, by an object distribution server, content of an object distribution transaction from a blockchain node, where the content of an object distribution transaction includes a transaction hash specific to the object information to be distributed; after the object distribution server reaches a distribution start time, receiving object distribution requests from a plurality of clients; determining a corresponding award winner from a plurality of object distribution requests; and sending an object distribution message with the hash value to the award winner. With this method, the tamper-resistant characteristic of transaction content in a blockchain is used, and a proof for a transaction hash value specific to initial object information is provided for a user, thereby improving fairness of an object distribution service.

Object distribution processing

Disclosed herein are methods, systems, and apparatus, including computer programs encoded on computer storage media, for processing blockchain-based guarantee information. One of the methods includes receiving a cyphertext of a digital document specifying a guarantee and one or more zero-knowledge proofs (ZKPs) related to one or more values associated with the guarantee; verifying the one or more ZKPs; upon successfully verifying the one or more ZKPs, storing the cyphertext to a blockchain based on performing a consensus algorithm; receiving a drawdown request of the guarantee from a first computing device associated with the beneficiary or a representative of the beneficiary; storing the drawdown request to the blockchain based on performing a consensus algorithm; and delivering a first message about the drawdown request to a second computing device associated with the first guarantor.

Disclosed herein are methods, systems, and apparatus for processing blockchain-based guarantee information. One of the methods includes receiving a cyphertext of a digital document specifying a guarantee from a first computing device associated with a guarantor and one or more zero-knowledge proofs (ZKPs) related to one or more values associated with the guarantee; verifying that the one or more ZKPs are correct; storing the first cyphertext to a blockchain based on performing a consensus algorithm; receiving a first message from the first computing device associated with the guarantor, the first message including a request to cancel the guarantee; storing the request to cancel the guarantee in the blockchain; sending a second message to a second computing device associated with the beneficiary or a representative of the beneficiary; and receiving a third message from the second computing device associated with the beneficiary or the representative of the beneficiary.

A method includes receiving a cyphertext of a digital document specifying a guarantee and one or more zero-knowledge proofs (ZKPs) related to a value associated with the guarantee; verifying the one or more ZKPs; upon successfully verifying the one or more ZKPs, storing the cyphertext to a blockchain based on performing a consensus algorithm; receiving a first message from a first computing device associated with the beneficiary or a representative of the beneficiary indicating there is no outstanding claim for the guarantee; sending a second message to a second computing device associated with a guarantor to confirm that the guarantor is discharged from undertaking payment under the guarantee; receiving a third message from the second computing device associated with the guarantor requesting the status of the guarantee to be changed to expired; and updating the status of the guarantee stored in the blockchain to indicate that the guarantee has expired.

Disclosed herein are methods, systems, and apparatus, including computer programs encoded on computer storage media, for processing blockchain-based guarantee information. One of the methods includes receiving a cyphertext of a digital document specifying a guarantee from a first computing device associated with a first guarantor and one or more zero-knowledge proofs (ZKPs) related to one or more values associated with the guarantee; verifying that the one or more ZKPs are correct; upon verifying that the one or more ZKPs are correct, storing the cyphertext to a blockchain based on performing a consensus algorithm; receiving a first message from a second computing device associated with a beneficiary or a representative of the beneficiary, the first message including an acceptance of the guarantee by the beneficiary; and updating a status of the guarantee to indicate that the guarantee has been accepted by the beneficiary.

A method for writing transaction data in a blockchain system is disclosed. The blockchain system comprises at least one blockchain. The method comprises: receiving a blockchain transaction data writing request comprising transaction feature information of transaction data to be added to the blockchain; determining a blockchain matching the transaction data to be added to the blockchain according to a blockchain data record table and the transaction feature information of the transaction data to be added to the blockchain, wherein the blockchain data record table records transaction type identification information associated with the blockchain for reflecting transaction feature information of transaction data in the blockchain; and writing an execution result of the transaction data to be added to the blockchain into the blockchain matching the transaction data to be added to the blockchain.

Growing community of inventors

Hangzhou, China

Guojun Ye