CN108921531B - Cross-border payment settlement method based on block chain payment system - Google Patents

Cross-border payment settlement method based on block chain payment system Download PDF

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CN108921531B
CN108921531B CN201810670725.XA CN201810670725A CN108921531B CN 108921531 B CN108921531 B CN 108921531B CN 201810670725 A CN201810670725 A CN 201810670725A CN 108921531 B CN108921531 B CN 108921531B
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node
exchange rate
transaction
block chain
transaction data
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CN108921531A (en
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金风莲
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GUANGZHOU TENTCOO SOFTWARE TECHNOLOGY Co.,Ltd.
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Guangzhou Tentcoo Software Technology Co ltd
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    • GPHYSICS
    • G06COMPUTING; CALCULATING OR COUNTING
    • G06QINFORMATION AND COMMUNICATION TECHNOLOGY [ICT] SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES, NOT OTHERWISE PROVIDED FOR
    • G06Q20/00Payment architectures, schemes or protocols
    • G06Q20/08Payment architectures
    • G06Q20/10Payment architectures specially adapted for electronic funds transfer [EFT] systems; specially adapted for home banking systems
    • G06Q20/108Remote banking, e.g. home banking
    • GPHYSICS
    • G06COMPUTING; CALCULATING OR COUNTING
    • G06QINFORMATION AND COMMUNICATION TECHNOLOGY [ICT] SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES, NOT OTHERWISE PROVIDED FOR
    • G06Q20/00Payment architectures, schemes or protocols
    • G06Q20/38Payment protocols; Details thereof
    • G06Q20/40Authorisation, e.g. identification of payer or payee, verification of customer or shop credentials; Review and approval of payers, e.g. check credit lines or negative lists
    • G06Q20/401Transaction verification
    • GPHYSICS
    • G06COMPUTING; CALCULATING OR COUNTING
    • G06QINFORMATION AND COMMUNICATION TECHNOLOGY [ICT] SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES, NOT OTHERWISE PROVIDED FOR
    • G06Q40/00Finance; Insurance; Tax strategies; Processing of corporate or income taxes
    • G06Q40/04Trading; Exchange, e.g. stocks, commodities, derivatives or currency exchange

Abstract

The invention discloses a cross-border payment settlement method based on a block chain payment system, which comprises a plurality of financial service institutions, wherein the scheme is based on a block chain technology, an industry block chain means that a plurality of preselected nodes are appointed in a certain group as bookkeepers, the generation of each block is determined by all the preselected nodes together, and other access nodes can participate in transactions without asking for a bookkeeping process. In the scheme, the problem that settlement is not always strictly carried out according to real-time international exchange rate due to different settlement rates of different financial institutions in cross-border transactions is solved by establishing the exchange rate priority list. The problem that exchange is not strictly carried out according to the international exchange rate in different entrance institutions, and therefore the exchange rate of an initiator and the exchange rate of a receiver are different during transaction, and transaction failure is caused is solved.

Description

Cross-border payment settlement method based on block chain payment system
Technical Field
The invention relates to a settlement method, in particular to a cross-border payment settlement method based on a block chain payment system.
Background
The cross-border settlement means that the import and export enterprises do not have obvious feeling except for changing from adopting local currency credit to adopting foreign currency credit, and the real change is in the background settlement part between internal and external banks. For example, in the negotiation process with the overseas buyer, an export enterprise in china may request the renminbi to settle, and the overseas buyer opens a renminbi letter of credit at the payment bank and then negotiates with the buyer by the payment bank, and then sends, receives, and pays the goods, etc.
There are two modes of operation, agent mode and clearing mode, for commercial banks to conduct cross-border settlement business. The proxy mode is a mode that a middle resource line entrusts an external resource line as a proxy line in overseas, and overseas enterprises set up RMB accounts in the entrusting line of the middle resource enterprise; the clearing mode is mainly the business between the main line and the overseas branch line in the medium resource line, that is, the overseas enterprise sets up the RMB account outside the medium resource line.
The conventional cross-border payment settlement background is complex, the data volume is large, the bank can only settle accounts generally, and the settlement is inconvenient. Meanwhile, different entrance institutions do not necessarily exchange the data strictly according to the international exchange rate, so that the exchange rate of the initiator and the exchange rate of the receiver are different during transaction, and the transaction fails.
Disclosure of Invention
The invention aims to solve the technical problem that different entrance institutions do not necessarily and strictly exchange according to international exchange rates, so that transaction failure can be caused by different exchange rates of an initiator and a receiver in transaction.
The invention is realized by the following technical scheme:
the cross-border payment settlement method based on the blockchain payment system comprises a plurality of financial service institutions and further comprises the following steps:
A. establishing a payment system based on an industry block chain, wherein each financial institution is positioned on the block chain as an independent node, and all nodes of the industry block chain designate a plurality of nodes as bookkeepers; establishing an exchange rate priority list among the financial institutions;
B. when transaction data are generated, a node initiating transaction initiates a request according to the exchange rate of the node, a new transaction data block is requested to be created, and the transaction data block is broadcasted to all the accountants on the block chain by the industry block chain;
C. b, the bookkeeper reads the exchange rate priority list established in the step A to verify the requested transaction data block, judges whether the exchange rate is correct or not, if so, enters the step E, otherwise, enters the step D;
D. rejecting the request in the step B, sending error information to a node initiating the transaction, reading the exchange rate of the node receiving the transaction by the node initiating the transaction, initiating a request according to the read exchange rate, requesting to create a new transaction data block, broadcasting the transaction data block to all bookkeepers in the block chain by the industry block chain, and then transferring to the step C;
E. the node that initiated the request adds the transaction data block to the main chain of the industry block chain.
The scheme is based on a blockchain technology, an industry blockchain means that a plurality of preselected nodes are designated as bookkeepers in a certain group, the generation of each block is determined by all the preselected nodes together, and other access nodes can participate in transactions without inquiring about a billing process. In the scheme, the problem that settlement is not always strictly carried out according to real-time international exchange rate due to different settlement rates of different financial institutions in cross-border transactions is solved by establishing the exchange rate priority list.
The consensus mechanism of the bookkeeper adopts a DPoS mechanism. The DPoS mechanism further reduces the number of the nodes to 101, so that the energy consumption of the whole network is further reduced on the premise of ensuring the network security, and the network operation cost is lowest. The DPoS mechanism is more decentralized. The DPoS mechanism also has faster acknowledgement speed. Each block is 10 seconds in time, one data exchange, i.e. about 1 minute for 6-10 acknowledgments, and a complete 101 block period of only about 16 minutes. Whereas the PoW mechanism takes 10 minutes to generate a block and 1 hour for one data exchange. The PoS mechanism also requires approximately 1 hour to confirm a transaction. Shorter transaction times are required because the transaction duration of the PoW mechanism and PoS mechanism is longer, while the exchange rate fluctuates in real time.
The information recorded in the transaction data block includes a transaction initiator, a transaction recipient, an initiator monetary amount, a recipient monetary amount, an exchange rate, and a timestamp.
The method for checking in the step C comprises the following steps:
c1, the bookkeeper reads the exchange rate priority list established in the step A to verify the requested transaction data block, and judges the exchange rate priority of the node initiating the transaction and the node receiving the transaction;
c2, extracting the exchange rate information of the higher priority node in the node initiating the transaction and the node accepting the transaction, judging whether the exchange rate information is consistent with the exchange rate information recorded in the transaction data block requested in the step B, if so, entering the step E, otherwise, entering the step D.
By adopting the method, the priority list is used for judging the priority sequence of the initiating node and the receiving node, and the mixing rate of the nodes with higher priorities is selected as the exchange rate of the transaction.
And C, when the biller reads the exchange rate priority list established in the step A to verify the requested transaction data block, the biller also verifies the identity of the initiating node of the transaction data block.
The identity verification method comprises the following steps:
f1, matching a unique verification password for each node, and packaging the verification passwords of all nodes as a verification program;
f2, when the node generating the transaction initiates a request, the node sends the externally input verification password to each bookkeeper at the same time;
f3, the bookkeeper passes the verification password sent by the verification node of the verification program, if the verification password is consistent with the password recorded in the verification program, the verification is passed, otherwise, the verification is not passed. The security of the method is effectively improved by encrypting the verification password.
Compared with the prior art, the invention has the following advantages and beneficial effects:
1. according to the cross-border payment settlement method based on the block chain payment system, the block chain system is simple and convenient to build;
2. the cross-border payment settlement method based on the block chain payment system effectively solves the problem of different exchange rates among different financial institutions;
3. the cross-border payment settlement method based on the block chain payment system has an independent encryption module and is higher in safety.
Detailed Description
In order to make the objects, technical solutions and advantages of the present invention more apparent, the present invention is further described in detail below with reference to examples, and the exemplary embodiments and descriptions thereof are only used for explaining the present invention and are not used as limitations of the present invention.
Example 1
The cross-border payment settlement method based on the blockchain payment system comprises a plurality of financial service institutions and further comprises the following steps:
A. establishing a payment system based on an industry block chain, wherein each financial institution is positioned on the block chain as an independent node, and all nodes of the industry block chain designate a plurality of nodes as bookkeepers; establishing an exchange rate priority list among the financial institutions;
B. when transaction data are generated, a node initiating transaction initiates a request according to the exchange rate of the node, a new transaction data block is requested to be created, and the transaction data block is broadcasted to all the accountants on the block chain by the industry block chain;
C. b, the bookkeeper reads the exchange rate priority list established in the step A to verify the requested transaction data block, judges whether the exchange rate is correct or not, if so, enters the step E, otherwise, enters the step D;
D. rejecting the request in the step B, sending error information to a node initiating the transaction, reading the exchange rate of the node receiving the transaction by the node initiating the transaction, initiating a request according to the read exchange rate, requesting to create a new transaction data block, broadcasting the transaction data block to all bookkeepers in the block chain by the industry block chain, and then transferring to the step C;
E. the node that initiated the request adds the transaction data block to the main chain of the industry block chain.
The scheme is based on a blockchain technology, an industry blockchain means that a plurality of preselected nodes are designated as bookkeepers in a certain group, the generation of each block is determined by all the preselected nodes together, and other access nodes can participate in transactions without inquiring about a billing process. In the scheme, the problem that settlement is not always strictly carried out according to real-time international exchange rate due to different settlement rates of different financial institutions in cross-border transactions is solved by establishing the exchange rate priority list.
Example 2
In this embodiment, further, the consensus mechanism of the bookkeeper adopts a DPoS mechanism. The DPoS mechanism further reduces the number of the nodes to 101, so that the energy consumption of the whole network is further reduced on the premise of ensuring the network security, and the network operation cost is lowest. The DPoS mechanism is more decentralized. The DPoS mechanism also has faster acknowledgement speed. Each block is 10 seconds in time, one data exchange, i.e. about 1 minute for 6-10 acknowledgments, and a complete 101 block period of only about 16 minutes. Whereas the PoW mechanism takes 10 minutes to generate a block and 1 hour for one data exchange. The PoS mechanism also requires approximately 1 hour to confirm a transaction. Shorter transaction times are required because the transaction duration of the PoW mechanism and PoS mechanism is longer, while the exchange rate fluctuates in real time.
The information recorded in the transaction data block includes a transaction initiator, a transaction recipient, an initiator monetary amount, a recipient monetary amount, an exchange rate, and a timestamp.
The method for checking in the step C comprises the following steps:
c1, the bookkeeper reads the exchange rate priority list established in the step A to verify the requested transaction data block, and judges the exchange rate priority of the node initiating the transaction and the node receiving the transaction;
c2, extracting the exchange rate information of the higher priority node in the node initiating the transaction and the node accepting the transaction, judging whether the exchange rate information is consistent with the exchange rate information recorded in the transaction data block requested in the step B, if so, entering the step E, otherwise, entering the step D.
By adopting the method, the priority list is used for judging the priority sequence of the initiating node and the receiving node, and the mixing rate of the nodes with higher priorities is selected as the exchange rate of the transaction.
And C, when the biller reads the exchange rate priority list established in the step A to verify the requested transaction data block, the biller also verifies the identity of the initiating node of the transaction data block.
The identity verification method comprises the following steps:
f1, matching a unique verification password for each node, and packaging the verification passwords of all nodes as a verification program;
f2, when the node generating the transaction initiates a request, the node sends the externally input verification password to each bookkeeper at the same time;
f3, the bookkeeper passes the verification password sent by the verification node of the verification program, if the verification password is consistent with the password recorded in the verification program, the verification is passed, otherwise, the verification is not passed. The security of the method is effectively improved by encrypting the verification password.
Example 3
The embodiment is an example of the method, and the cross-border payment settlement method based on the blockchain payment system comprises a plurality of financial service institutions and further comprises the following steps:
A. establishing a payment system based on an industry block chain, wherein each financial institution is positioned on the block chain as an independent node, and all nodes of the industry block chain designate a plurality of nodes as bookkeepers; establishing an exchange rate priority list among the financial institutions;
B. when the node A generates transaction data, the node A initiates a request according to the exchange rate X of the node A to request to create a new transaction data block, and the industry block chain broadcasts the transaction data block to all the accountants on the block chain;
c1, the bookkeeper reads the exchange rate priority list established in the step A to verify the requested transaction data block, and judges the exchange rate priority of the node A initiating the transaction and the node B receiving the transaction;
c2, extracting the exchange rate information of the node initiating the transaction and the node with higher priority in the nodes receiving the transaction as the exchange rate X of the node A, judging that the exchange rate information is consistent with the exchange rate information X recorded in the transaction data block requested in the step B, and entering the step E;
D. rejecting the request in the step B, sending error information to a node initiating the transaction, reading the exchange rate of the node receiving the transaction by the node initiating the transaction, initiating a request according to the read exchange rate, requesting to create a new transaction data block, broadcasting the transaction data block to all bookkeepers in the block chain by the industry block chain, and then transferring to the step C;
E. the node that initiated the request adds the transaction data block to the main chain of the industry block chain.
Example 4
The difference between this embodiment and embodiment 3 is that, in step C2, the exchange rate information of the node that initiates the transaction and the node that receives the transaction, which has a higher priority, is extracted as the exchange rate Y of the node B, and the exchange rate information is determined to be inconsistent with the exchange rate information X described in the transaction data block requested in step B, and step D is performed;
D. rejecting the request of the step B, sending error information to the node A initiating the transaction, reading the exchange rate Y of the node B receiving the transaction by the node A initiating the transaction, initiating a request according to the read exchange rate Y, requesting to create a new transaction data block, broadcasting the transaction data block to all bookkeepers on the block chain by the industry block chain, and then switching to the step C;
E. the node that initiated the request adds the transaction data block to the main chain of the industry block chain.
The above-mentioned embodiments are intended to illustrate the objects, technical solutions and advantages of the present invention in further detail, and it should be understood that the above-mentioned embodiments are merely exemplary embodiments of the present invention, and are not intended to limit the scope of the present invention, and any modifications, equivalent substitutions, improvements and the like made within the spirit and principle of the present invention should be included in the scope of the present invention.

Claims (5)

1. The cross-border payment settlement method based on the block chain payment system comprises a plurality of financial service institutions and is characterized by further comprising the following steps: a. Establishing a payment system based on an industry block chain, wherein each financial institution is positioned on the block chain as an independent node, and all nodes of the industry block chain designate a plurality of nodes as bookkeepers; establishing an exchange rate priority list among the financial institutions; b. When transaction data are generated, a node initiating transaction initiates a request according to the exchange rate of the node, a new transaction data block is requested to be created, and the transaction data block is broadcasted to all the accountants on the block chain by the industry block chain; c. B, the bookkeeper reads the exchange rate priority list established in the step A to verify the requested transaction data block, judges whether the exchange rate is correct or not, if so, enters the step E, otherwise, enters the step D; d. Rejecting the request in the step B, sending error information to a node initiating the transaction, reading the exchange rate of the node receiving the transaction by the node initiating the transaction, initiating a request according to the read exchange rate, requesting to create a new transaction data block, broadcasting the transaction data block to all bookkeepers in the block chain by the industry block chain, and then transferring to the step C; e. The node initiating the request adds the transaction data block to the main chain of the industry block chain;
the method for checking in the step C comprises the following steps: c1, the bookkeeper reads the exchange rate priority list established in the step A to verify the requested transaction data block, and judges the exchange rate priority of the node initiating the transaction and the node receiving the transaction; c2, extracting the exchange rate information of the higher priority node in the node initiating the transaction and the node accepting the transaction, judging whether the exchange rate information is consistent with the exchange rate information recorded in the transaction data block requested in the step B, if so, entering the step E, otherwise, entering the step D.
2. The method of claim 1, wherein the consensus mechanism of the billers is DPoS.
3. The method of claim 1, wherein the information recorded in the transaction data block includes a transaction initiator, a transaction recipient, an initiator currency amount, a recipient currency amount, an exchange rate, and a timestamp.
4. The method for cross-border payment settlement based on blockchain payment system of claim 1, wherein when the biller reads the exchange rate priority list established in step a to verify the requested transaction data block in step C, the method further comprises the step of verifying the identity of the transaction data block initiating node.
5. The method for cross-border payment settlement based on blockchain payment system as claimed in claim 4, wherein the method for authentication comprises the following steps: f1, matching a unique verification password for each node, and packaging the verification passwords of all nodes as a verification program; f2, when the node generating the transaction initiates a request, the node sends the externally input verification password to each bookkeeper at the same time; f3, the bookkeeper passes the verification password sent by the verification node of the verification program, if the verification password is consistent with the password recorded in the verification program, the verification is passed, otherwise, the verification is not passed.
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CN109741061A (en) * 2019-01-08 2019-05-10 睿亚区块链科技(深圳)有限公司 A kind of cross-border payment transaction system based on block chain technology
CN109741045B (en) * 2019-01-23 2020-12-29 丁庆洋 Block chain-based online cross-border transfer payment method for users between commercial banks
CN112907366A (en) * 2019-12-03 2021-06-04 微观(天津)科技发展有限公司 Cross-border trade financial service method and device based on block chain and storage medium
CN114154969B (en) * 2021-10-15 2023-02-03 北京天德科技有限公司 Large-scale trading and settlement method based on block chain

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