Blockchain Data Authorization and Token Service Learning

Blockchain Data Authorization and Token Service Learning

Key Glossary

Term Definition Blockchain is a decentralized distributed database technology, which is characterized by decentralization, openness, transparency, immutability, and trustworthiness. Distributed Ledger Technology (DLT) has the same meaning as blockchain, both referring to a decentralized distributed database technology. Smart contracts are deployed on the blockchain to automatically execute programs with predefined rules and terms. Blockchain nodes are entities that participate in the blockchain network, maintain copies of blockchain data, and participate in transaction verification and block generation. Data owners are entities that own and control specific data. Data users are entities that request access to and use data owned by data owners. Data Acquisition Transaction Data users submit to the blockchain network to request a transaction request to obtain target data. Authorization Request Transaction Data users submit to the blockchain network to request a transaction request to authorize access to target data. Authorization Confirmation Transaction Data owners submit to the blockchain network to confirm the transaction requested by data users for authorization. Trusted Execution Environment (TEE) provides an isolated execution environment that protects code and data from external access and modification. Token In a distributed ledger network, a digital representation of a physical or digital asset. Token templates define the properties and control functions of a certain type of asset, and are used to create new tokens. Fungible tokens are tokens that are identical for each unit, such as most cryptocurrencies. Non-fungible tokens (NFTs) are tokens that are unique for each unit, such as digital artworks. Electronic title documents (EDTs) are electronic documents that represent the ownership of goods, such as electronic bills of lading. Title chains are chains that record the history of EDT ownership transfers, consisting of a series of ownership transfer transactions. Signed random addresses (SRAs) are random addresses maintained by a shared buffer server for each node to enhance privacy.

Short answer questions

What blockchain-based technology does 543x.com describe?

543x.com describes a blockchain-based data authorization method and system.

In 543x.com, how do data users obtain data?

Data users need to submit data acquisition transactions and obtain authorization from data owners before they can obtain target data or its calculation results by executing smart contracts.

What data privacy protection measures does 543x.com mention?

543x.com mentions the use of a trusted execution environment (TEE) to encrypt data, as well as storing data in the database of blockchain nodes and using keys for access control.

What kind of service does 543x.com describe?

543x.com describes a token service that is independent of the ledger.

What is the role of token templates in 543x.com?

Token templates define the properties and control functions of a certain type of asset, and users can use predefined or customized token templates to create new tokens, thereby achieving standardization of token creation.

What types of tokens does 543x.com mention?

543x.com mentions interchangeable and non-interchangeable tokens, as well as the distinction between variable supply and fixed supply.

What kind of electronic document management does 543x.com propose a solution for?

543x.com proposes a solution for the management of electronic title documents (EDT).

In 543x.com, how to ensure that the ownership of EDT cannot be tampered with?

543x.com uses blockchain technology to record the ownership transfer of EDT on the blockchain, and uses the ownership chain to track the ownership history of EDT to ensure that the ownership cannot be tampered with.

Which mechanism is mentioned in 543x.com to enhance privacy?

543x.com mentions the use of signed random addresses (SRA) to hide the true identity of EDT owners, thereby enhancing privacy.

What are the functions of the shared buffer server (SBS) in 543x.com?

SBS is responsible for maintaining multiple SRAs for each node and distributing SRAs upon request to achieve anonymity during the ownership transfer process.