Cryptographically Secured Digital Asset Generation from Activity Sensors
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Solution Overview
Problem
Current systems for creating cryptographically secured digital assets do not effectively utilize activity data from various sensors to generate and secure digital assets that represent user activities, such as athletic or gaming performances, in a way that allows for authentication and monetization of elite performances.
Innovation Solution
A method and system that collect data from activity sensors, such as force sensors or other somatic and non-somatic sensors, to generate digital assets, which are then cryptographically secured using blockchain technology, allowing for the creation of unique digital assets that can represent user activities and be used in gaming or as collectibles.
Engineering Contradictions & Design Principles
Engineering Contradiction Analysis
1Reliability
If activity data from sensors is collected and processed to generate digital assets, then the ability to authenticate and monetize user performances is improved, but the system complexity and data processing requirements increase
Solution Approach 1:
The patent introduces a processing system as an intermediary between the sensors and the digital asset creation. This processing system collects data from multiple sensors, processes it to extract relevant activity information, and then uses this processed data to generate cryptographic digital assets. The intermediary handles the complexity of data integration and validation, providing reliable authenticated statistics while managing system complexity centrally rather than distributing it across all components.
2Measurement precision
If multiple sensors are used to collect comprehensive activity data, then the precision and completeness of digital asset representation is improved, but the quantity of data and processing load increase
Solution Approach 1:
The processing system extracts only the relevant and essential activity data from the comprehensive sensor data collection. Instead of processing and storing all raw sensor data, the system identifies and extracts key metrics that accurately represent the user activity and performance. This extraction approach maintains measurement precision by focusing on critical data points while reducing the overall data quantity that needs to be processed and stored for digital asset creation.
3Reliability
If cryptographic securing is applied to digital assets, then the security and trustworthiness of the assets is improved, but the processing time and computational resources increase
Solution Approach 1:
The system performs preliminary processing and validation of activity data before the cryptographic securing step. By pre-processing the data to ensure it meets quality and authenticity criteria, the subsequent cryptographic operations work with already-validated information, reducing the need for reprocessing. This preliminary action maintains cryptographic security while optimizing processing time by avoiding redundant validation steps during the cryptographic operation phase.
Data Source
AI summary
A method for creating a cryptographically secured digital asset includes: a. using at least a first activity data sensor to collect data relating to an activity carried out by a user, b. transmitting the data to a processing system, c. using the processing system to generate a digital asset based on the data, and d. cryptographically securing the digital asset. A system for creating a cryptographically secured digital asset includes at least a first activity data sensor configured to collect data relating to an activity carried out by a user, and a processing system configured to receive the data from the first activity data sensor, generate a digital asset based on the data, and cryptographically secure the digital asset.