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An Overall Architecture Design of a Hybrid Blockchain Technology that Solves the Separation of Basic Data and Business Data

Published: 20 July 2021 Publication History

Abstract

In order to realize the automatic and non-inductive reimbursement of invoices and eliminate the various inconveniences and risks caused by artificial reimbursement, this article proposes to combine blockchain technology with electronic invoices to complete the consumption, reimbursement, and tax payment through the blockchain network system. The node paperless invoice interactive process, and realize the automatic processing of off-chain data through the Internet of Things technology, seamless connection with the on-chain, while using a dual-chain structure to ensure the subsequent identification and business separation, through the combination of theory and technical architecture, Sense the invoice reimbursement system, thereby reducing China's overall reimbursement costs and promoting the improvement of the taxation system.

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Vishnu Prasad Ranganthan, Ram Dantu, Aditya Paul,et al. A Decentralized Marketplace Application on the Ethereum Blockchain[C]// 2018 IEEE 4th International Conference on Collaboration and Internet Computing (CIC). IEEE, 2018.
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Jagdeep Sidhu. Syscoin: A Peer-to-Peer Electronic Cash System with Blockchain-Based Services for E-Business[C]// 2017 26th International Conference on Computer Communication and Networks (ICCCN). IEEE, 2017.
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Jong-Hyouk Lee. BIDaaS: Blockchain based ID as a Service[J]. IEEE Access, 2017, PP(99):1-1.
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Nesrine Kaaniche, Maryline Laurent. A Blockchain-based Data Usage Auditing Architecture with Enhanced Privacy and Availability[C]// 2017 IEEE 16th International Symposium on Network Computing and Applications (NCA). IEEE, 2017.
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Mohsin A H, Zaidan A A, Zaidan B B, Blockchain authentication of network applications: Taxonomy, classification, capabilities, open challenges, motivations, recommendations and future directions[J]. Computer Standards & Interfaces, 2019, 64(MAY):41-60.

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  • (2022)Bitcoin, Ethereum, Smart Contracts and Blockchain TypesBlockchain Foundations and Applications10.1007/978-3-031-09670-9_2(25-65)Online publication date: 21-Aug-2022

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cover image ACM Other conferences
ISEEIE 2021: 2021 International Symposium on Electrical, Electronics and Information Engineering
February 2021
644 pages
ISBN:9781450389839
DOI:10.1145/3459104
Permission to make digital or hard copies of all or part of this work for personal or classroom use is granted without fee provided that copies are not made or distributed for profit or commercial advantage and that copies bear this notice and the full citation on the first page. Copyrights for components of this work owned by others than ACM must be honored. Abstracting with credit is permitted. To copy otherwise, or republish, to post on servers or to redistribute to lists, requires prior specific permission and/or a fee. Request permissions from [email protected]

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Association for Computing Machinery

New York, NY, United States

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Published: 20 July 2021

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Cited By

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  • (2022)Bitcoin, Ethereum, Smart Contracts and Blockchain TypesBlockchain Foundations and Applications10.1007/978-3-031-09670-9_2(25-65)Online publication date: 21-Aug-2022

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