Service and Technology Transaction Framework and Confidentially Mechanism Based on Blockchain

Junxue Zhou, Donglin Chen, Min Fu · Advances in Economics Management and Political Sciences · 2024

The science and technology service industry is an indispensable part of the innovation system. Since the science and technology service transaction is platform dependent, they have the drawbacks of centralized transactions. As these services involve intellectual property, it is critical to preserve the confidentiality of transaction information. To address this issue, this study builds a science and technology service framework, which includes a provider and a demander, data temporary storage, timestamp and confidentiality verification, followed by the construction of a confidentiality mechanism for science and technology service transactions based on zero-knowledge proof technology. This mechanism can decentralize science and technology service transactions and keep the information of both parties confidential, which can promote the effective circulation of science and technology information. Finally, from the perspectives of economic value, industrial value, and commercial value, this study analyzes the value of combining blockchain with technology service transactions, considering the practical significance in promoting the development of scientific and technological services.

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