JERAJournal of Electronic Research and Application2208-35022208-3510Bio-Byword Scientific Publishing Pty. Ltd.10.26689/jera.v9i5.12204ArticleData Elements and Trustworthy Circulation: A Clearing and Settlement Architecture for Element Market Transactions Integrating Privacy Computing and Smart Contractshttps://artdesignp.com/journal/JERA/9/5/10.26689/jera.v9i5.12204HuangHuanjing2025952025-10-15This article explores the characteristics of data resources from the perspective of production factors, analyzes the demand for trustworthy circulation technology, designs a fusion architecture and related solutions, including multi-party data intersection calculation, distributed machine learning, etc. It also compares performance differences, conducts formal verification, points out the value and limitations of architecture innovation, and looks forward to future opportunities.

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