Asset Token Trust Anchoring for Authentic Blockchain Transactions
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Solution Overview
Problem
Existing blockchain systems fail to provide trusted data and authenticity for tokenized real-world assets, as off-chain transactions are inherently untrusted and do not automatically introduce data trust when ported to the blockchain.
Innovation Solution
A system using unique cryptographic blockchain key pairs to represent both physical and digital assets as tokens, with trust-linking data generated during the asset's lifecycle, ensuring authenticity and a complete history of activities through a trust-chain on multiple blockchains.
Engineering Contradictions & Design Principles
Engineering Contradiction Analysis
1Loss of information
If off-chain transactions are ported to blockchain, then data transparency is improved, but data trust is worsened because off-chain transactions are inherently untrusted
Solution Approach 1:
The patent applies preliminary action by establishing a trusted origin point (Trust Anchor) before tokenization occurs. The Trust Anchor authority creates cryptographic key pairs and registers them on the blockchain in advance, creating a verified starting point. This preliminary establishment of trust enables subsequent off-chain transactions to be reliably linked to the blockchain through cryptographic proofs, resolving the contradiction between transparency and trust.
Solution Approach 2:
The patent uses cryptographic key pairs and hash functions as intermediaries between off-chain transactions and the blockchain. The Trust Anchor authority acts as an intermediary that issues cryptographic proofs verifying off-chain transactions. These proofs serve as trusted bridges, allowing transparent recording of otherwise untrusted off-chain data without compromising blockchain integrity.
2Ease of manufacture
If tokenized assets are created without a trusted origin point, then ease of tokenization is improved, but asset authenticity is worsened
Solution Approach 1:
The patent applies self-service by enabling the Trust Anchor authority to automatically generate cryptographic key pairs and register them on the blockchain without manual intervention. The system self-verified through cryptographic proofs that link asset transactions to the trusted origin point. This automated approach maintains ease of tokenization while establishing authenticity through cryptographic mechanisms.
3Reliability
If a trusted authority establishes the origin point early in the asset lifecycle, then asset authenticity is improved, but system complexity is worsened
Solution Approach 1:
The patent extracts the trust-establishment function into a separate Trust Anchor authority that operates independently from the tokenization process. This extracted component generates cryptographic key pairs and registers them on the blockchain, separating the complexity of trust management from the simplicity of asset tokenization. Users benefit from authenticity without directly engaging with the complex trust-establishment mechanisms.
Data Source
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Figure 3A~3B
AI summary
In one or more embodiments, the present invention provide a system that uses two unique and random codes based on cryptographic blockchain key pairs to represent both the physical asset (private code) and the digital or virtual asset (public code) as a token. In various embodiments, these codes are initially recoded and associated to assets by a known trusted authority and all subsequent data generated by the movement, use, manipulation, and exchange of the asset during its whole lifecycle can be trust-linked (forwards and backwards) using either the tokenized digital version or the physical version, independently from the SAME trust-chain of data recorded on blockchains.