Two-Part Blockchain Currency for Wireless Power Transactions
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Solution Overview
Problem
Current systems lack efficient methods for facilitating global space-based solar power transactions, particularly in terms of wireless power, data, and information exchange.
Innovation Solution
A wireless powered transaction system utilizing a distributed blockchain application that enables wireless power transactions between buyers and suppliers, featuring a two-part blockchain currency and a network of semi-autonomous devices for secure and simultaneous communication.
Engineering Contradictions & Design Principles
Engineering Contradiction Analysis
1Use of energy by moving object
If space-based solar power generation is implemented, then energy collection efficiency is improved, but system complexity increases
Solution Approach 1:
The system segments the complex space-based power generation into distinct functional components: power-generating satellites in space, wireless transmission systems, and ground-based receiving stations. This segmentation allows each component to be optimized independently while maintaining overall system efficiency.
Solution Approach 2:
The patent introduces blockchain technology as an intermediary layer that mediates between power suppliers and consumers. This intermediary handles transaction facilitation, currency management, and trust establishment, reducing the complexity of direct peer-to-peer transactions in a global distributed system.
2Reliability
If blockchain technology is used for transaction facilitation, then transaction security is improved, but processing time increases
Solution Approach 1:
The system performs preliminary actions by pre-establishing trust relationships and validating transaction parameters before the actual power transfer occurs. Smart contracts are prepared and verified in advance, allowing transactions to execute quickly once conditions are met.
Solution Approach 2:
The patent replaces traditional centralized transaction processing mechanics with a distributed blockchain system. This substitution eliminates single-point bottlenecks and enables parallel processing of transactions across multiple nodes, improving both security and throughput.
3Adaptability or versatility
If a two-part currency system is implemented, then transaction flexibility is improved, but system complexity increases
Solution Approach 1:
The currency system is segmented into two distinct parts: a stable store of value component and a volatile transaction medium component. This segmentation allows each part to serve its specific function optimally while the blockchain infrastructure manages the relationship between them.
Solution Approach 2:
The two-part currency system provides universal functionality by combining the advantages of stable currencies (for value storage) and volatile currencies (for rapid transactions). This multi-functional system can adapt to different transaction scenarios and market conditions.
4Reliability
If quantum entanglement is used for communication, then communication security is improved, but technological complexity increases
Solution Approach 1:
The patent replaces classical communication mechanics with quantum entanglement-based communication. This substitution provides inherent security through quantum key distribution, where any eavesdropping attempt fundamentally alters the quantum state and becomes detectable.
Applied Scientific Principles
This section explains which scientific principles are used to turn an abstract innovation direction into a practical engineering solution.
Function Achieved in This Case
The system facilitates secure, efficient, and simultaneous wireless power and data transactions globally, leveraging blockchain technology and quantum entanglement for secure communication among devices.
Implementation Method 1
the aircraft, satellite, and ground-based devices are configured to transmit and receive quantum-entangled laser beams in order to exchange information
Implementation Method 2
transmit and receive quantum-entangled laser beams
Data Source
AI summary
Provided is a powered transaction system and method. The system includes a distributed blockchain application which facilitates wireless powered transactions between a buyer and a supplier, wherein the blockchain application includes at least one blockchain ledger, a wireless powered two-part blockchain currency, the two-part currency comprising a first currency and a second currency, a trust server which stores the two-part currency and fiat currency, and a first server, wherein the first server receives fiat currency from a buyer transaction device in a first transaction recorded on the at least one blockchain ledger and exchanges the fiat currency for two-part currency from the trust server, and wherein the first currency is provided to the buyer transaction device and the second currency is retained by the first server.