Blockchain Digital Exchange Platform for Real-Time Cross-Border Asset Trading

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Solution Overview

Problem

Existing asset trading platforms face limitations such as geographical restrictions, lack of real-time trading capabilities, and inadequate security measures, making it difficult for entities to execute trades across borders, in real-time, and with robust security.

Innovation Solution

A blockchain-based digital platform that utilizes a distributed ledger and an AI engine to identify suitable assets for liquidation, calculate execution suitability indices, and execute trades across geographical borders in real-time, while incorporating robust security measures.

Engineering Contradictions & Design Principles

VSEngineering Contradiction Analysis

1Productivity

If traditional asset exchange platforms are used, then trading can be executed with established infrastructure, but trading is limited by geographical restrictions, operating hours, and lack of real-time execution capability

Engineering Contradiction:

Improvetrading execution speedVSAvoidtrading availability

Core Design Contradiction:

ProductivityVSAdaptability or versatility

Solution Approach 1:

The patent introduces a blockchain-based digital platform as an intermediary between traditional asset exchanges and trading entities. This platform uses smart contracts and distributed ledger technology to enable real-time, 24/7 trading execution, bridging the gap between traditional exchange limitations and the need for continuous, global trading capability.

Inventive Principle:

Principle #24Intermediary (Mediator)

Solution Approach 2:

The patent adds a new dimensional layer of trading infrastructure by implementing a parallel blockchain-based trading system that operates independently of traditional exchange hours and geographical constraints. This allows trading to occur in a new operational dimension that is not bound by traditional market structure limitations.

Inventive Principle:

Principle #17Another dimension (Dimensionality change)

2Reliability

If traditional asset exchange platforms are used, then trading infrastructure is well-established, but security measures are insufficient to protect trade integrity

Engineering Contradiction:

Improvetrade integrity protectionVSAvoidplatform architecture

Core Design Contradiction:

ReliabilityVSDevice complexity

Solution Approach 1:

The patent introduces blockchain technology and smart contracts as intermediary layers between trading parties, creating a trustless environment where trade integrity is enforced by cryptographic protocols and decentralized consensus mechanisms rather than relying solely on traditional centralized security infrastructure.

Inventive Principle:

Principle #24Intermediary (Mediator)

Solution Approach 2:

The patent replaces traditional mechanical security measures (physical security, centralized authentication) with cryptographic and algorithmic security mechanisms inherent in blockchain technology, including digital signatures, hash functions, and consensus algorithms that provide enhanced trade integrity protection.

Inventive Principle:

Principle #28Mechanics substitution (Replace mechanical system)

3Adaptability or versatility

If real-time trading execution is implemented across geographical borders, then trading flexibility and availability are improved, but system complexity and security requirements increase

Engineering Contradiction:

Improvecross-border trading capabilityVSAvoiddistributed system architecture

Core Design Contradiction:

Adaptability or versatilityVSDevice complexity

Solution Approach 1:

The patent creates a universal blockchain-based trading platform that can handle multiple asset types, currencies, and geographical jurisdictions through a single distributed ledger system. The smart contract framework provides multi-functional capability to execute various trading operations across borders without requiring separate systems for each jurisdiction or asset class.

Inventive Principle:

Principle #6Universality (Multi-functionality)

Data Source

PatentUS12211098B2Blockchain-based digital exchange platform with reduced latency and increased security and efficiency

Publication Date: 2025.01.28 BANK OF AMERICA CORP

AI summary

Systems and methods for executing a transaction with reduced latency and increased security and efficiency on a blockchain-based digital platform are provided. Methods may include establishing a first blockchain node associated with a first entity, identifying cross listed assets of the first entity, calculating an execution suitability index for each asset, selecting a target asset for liquidation, and establishing a second blockchain node associated with a second entity. Methods may also include receiving an agreement from the second entity to acquire the target asset from the first entity, recording the agreement on the blockchain, receiving an authorization from a financial institution to advance funds on behalf of the second entity to the first entity, transferring the funds from the financial institution to the first entity, recording the transfer of the funds on the blockchain, executing the acquisition of the target asset, and recording the acquisition of the target asset on the blockchain.