The Novel Asset Management Algorithm Based on Special Consensus Mechanism of Block Chain

Abstract

The high efficiency assets management is an ever topic and research direction. Block chain core thinks and methodologies were brought in assets management cleverly in order to improve the efficiency and quality of comprehensive assets management. The Verifiable Random Functions with Token(VRFwT) algorithm was proposed creatively around the Special Consensus Mechanism(SCM) and other main theories of block chain. It contains about two modules of Advanced Verifiable Random Functions(AVRF) algorithm and Proof of Stake with Token(PoSwT) according to the module design think. Specially, public key was used to validate the value obtained by special formula and parameters of privacy key and a given message in AVRF creatively. The two-steps validating methodology was proposed and constructed in order to validate the performance of VRFwT in multiple dimensions. It proved that VRFwT having better efficiency and robustness after a series tests were executed on three different sets combined with physical assets and digital assets. The designed think and methodology of VRFwT would be validated further and used in hybrid assets management scene. Moreover, it would bring a meaningful significance for innovation method of bigger variety of assets management.