Divisible Asset Distributed Ledger Tracking System

Divisible Asset Distributed Ledger Tracking System

Term DefinitionsAssetAny physical or digital item that can be owned or owned, such as gold, cars, etc.UnitThe smallest divisible part of an asset, such as a one-kilogram gold bar can be divided into 10^8 units, each representing 0.01 grams of gold.Asset CardA digital record representing an asset, recording the asset's details, ownership, and transaction history.Asset Card TransactionEach operation on an asset card recorded in the asset card distributed ledger, such as creation, transfer, etc.Asset Card Smart ContractComputer code that controls the execution of asset card transactions, such as validating transactions, updating ownership information, etc.Asset Card StateThe current state of an asset card, including information such as asset identifier, owner, divisibility factor, feature attributes, and owner table.Divisibility FactorThe minimum number of units into which an asset can be divided, such as a one-kilogram gold bar with a divisibility factor of 10^8 can be divided into 10^8 units. Owner Table: A table that records the owners of asset units, including information such as the owner's address and the number of units they own. Transfer Message: A message used to transfer asset units between asset cards, including information such as the transfer amount, current owner, and new owner.

Short Answer Question

What is the purpose of the asset card system?

What key information is included in the asset card state?

What is the role of the asset card smart contract?

How does the divisibility factor affect the transaction of assets?

How does the owner table track the ownership of asset units?

What is the transaction message and what does it contain?

How does the transaction component handle the transfer of asset units?

How does the exchange system enable users to buy and sell asset units?

How does the exchange system optimize the asset units it holds?

How does the vault system use asset card transactions?

Short Answer Question Answer

The asset card system aims to track the ownership of divisible assets through a distributed ledger, realize asset digitization, and improve asset liquidity and transaction efficiency.

The asset card state contains key information such as asset identifier, owner, divisibility factor, characteristic attributes, and owner table, which are used to record detailed information and ownership information of assets.

The asset card smart contract is responsible for controlling the execution of asset card transactions, such as verifying transactions, updating ownership information, etc., to ensure the security and reliability of transactions.

The divisibility factor determines the minimum number of units that an asset can be divided into, which affects the trading flexibility of the asset. The higher the divisibility factor, the more flexible the asset can be traded.

The owner table records the owner of each asset unit and the number of units held by the owner, and tracks the ownership changes of asset units by updating the owner table.

Transaction information is used to transfer asset units between asset cards, including information such as the transfer amount, current owner, new owner, and digital signature.

The transaction component receives transaction information, verifies the validity of the transaction information, and updates the asset card status to reflect the transfer of asset units.

The exchange system serves as a platform for users to buy and sell asset units. Users can buy or sell asset units in the exchange system and complete transactions through the asset card system.

The exchange system selectively trades asset units to maximize the number of assets it fully owns for asset redemption, transfer, and other operations.

The vault system uses asset card transactions to verify whether the entity redeeming the asset is the owner of the asset, ensuring the security and traceability of the asset.