Asset mortgage borrowing method and system based on blockchain pass

A mortgage loan and chain pass technology, applied in the blockchain field, can solve problems such as high financial risk, easy re-mortgage of assets, and difficult revaluation, etc., to reduce financial risks, shorten the loan cycle, and improve user experience.

Inactive Publication Date: 2019-09-20
ZHONGAN INFORMATION TECH SERVICES CO LTD +1
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  • Summary
  • Abstract
  • Description
  • Claims
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AI Technical Summary

Benefits of technology

This technology allows for efficient management of property loans through an electronic ledger that includes blocks containing digital identifiers (IDs) with unique properties such as authenticity or validness. These attributes allow users to verify their identity before making purchases from them. Additionally, this approach simplifies transactions between parties over time without compromising security concerns. Overall, these improvements improve efficiency and reduce risk while maintaining good customer experiences across different types of financing arrangements like real estate lending and credit card companies.

Problems solved by technology

This patented technical problem addressed in this patents relates to the lacking security features provided by existing systems used for managing property loans due to issues like frequent replacements or incorrect documentation. These limitations make them challenges when considering how these new technologies can improve their effectiveness while reducing costs associated with ownership disputments.

Method used

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  • Asset mortgage borrowing method and system based on blockchain pass
  • Asset mortgage borrowing method and system based on blockchain pass

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Embodiment Construction

[0047] In order to make the purpose, technical solutions and advantages of the present invention clearer, the technical solutions in the embodiments of the present invention will be clearly and completely described below in conjunction with the accompanying drawings in the embodiments of the present invention. Obviously, the described embodiments are only Some, but not all, embodiments of the invention. Based on the embodiments of the present invention, all other embodiments obtained by persons of ordinary skill in the art without making creative efforts belong to the protection scope of the present invention.

[0048] In the embodiment of the present invention, the participants mainly include blockchain network nodes, financing / loan individuals or enterprises, financial institutions, appraisal agencies, etc. Among them, the blockchain network nodes are mainly used to generate asset certificates, broadcast transactions through the blockchain network, match transactions, and bro

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Abstract

The invention discloses an asset mortgage borrowing method and system based on blockchain pass, and the method comprises the steps: obtaining the data of to-be-mortgage assets, and identifying whether the to-be-mortgage assets are mortgage or not; if the to-be-mortgage asset is not mortgage, performing value evaluation on the to-be-mortgage asset, and issuing a chain asset pass with a corresponding value according to an evaluation result; obtaining a borrowing request submitted by a financing party and an asset pass used for borrowing, verifying the asset pass, if the verification is passed, releasing money to the financing party, and collecting the asset pass at the same time; and obtaining a repayment request of the financing party, and after the financing party is confirmed to be repaid, transmitting the asset pass transaction corresponding to the repayment limit to the asset pass transaction to the financing party. According to the method, the physical assets are certified, so that the financial risk is greatly reduced, the loan process is simplified, the loan period is shortened, the reliability and safety of information are ensured, and meanwhile, the certified assets are easy to split, so that a user can flexibly borrow and loan.

Description

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Claims

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Application Information

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Owner ZHONGAN INFORMATION TECH SERVICES CO LTD
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