Blockchain Event Execution via Token Authentication

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Solution Overview

Problem

Existing computer systems face challenges in ensuring the safety and security of sensitive information while optimizing technical operations, particularly in decentralized environments where a single point of failure can lead to data tampering and unauthorized access.

Innovation Solution

A decentralized peer-to-peer (P2P) system utilizing a blockchain data structure, where multiple computing devices operate together to manage a blockchain, providing byzantine fault tolerance and eliminating single points of failure, and a data authentication and event execution platform that uses tokens to authenticate data and execute events securely across devices.

Engineering Contradictions & Design Principles

VSEngineering Contradiction Analysis

1Ease of operation

If a centralized computer system is used to process and store data, then operational efficiency and ease of operation are improved, but data security and reliability deteriorate due to single points of failure and vulnerability to tampering

Engineering Contradiction:
Improveoperational efficiencyVSAvoiddata security
Core Design Contradiction:
Ease of operationVSReliability

Solution Approach 1:

The patent segments the centralized system into multiple distributed computing devices that collectively form a peer-to-peer network. Each device maintains a copy of the blockchain data structure, eliminating single points of failure while distributing computational tasks across the network, thus maintaining operational efficiency while improving data security and reliability.

Inventive Principle:
Principle #1Segmentation

Solution Approach 2:

The patent transitions from a two-dimensional centralized architecture (single server storing all data) to a multi-dimensional distributed architecture where multiple nodes store replicated data across different locations. This dimensional expansion creates redundancy and resilience against failures while maintaining system accessibility and operational efficiency.

Inventive Principle:
Principle #17Another dimension (Dimensionality change)

2Reliability

If a decentralized peer-to-peer system is used to enhance data security, then reliability and data integrity are improved, but device complexity and computational requirements worsen

Engineering Contradiction:
Improvedata integrityVSAvoidsystem complexity
Core Design Contradiction:
ReliabilityVSDevice complexity

Solution Approach 1:

The patent uses cryptographic copying where each node creates and maintains copies of the blockchain data structure. Instead of managing complex distributed state, nodes replicate the entire immutable ledger, simplifying the complexity model while ensuring data integrity through cryptographic verification of copied data.

Inventive Principle:
Principle #26Copying

Solution Approach 2:

The system implements self-service through automated consensus algorithms and cryptographic verification. Nodes automatically validate transactions and maintain data integrity without requiring complex manual coordination or centralized management, reducing operational complexity while maintaining high reliability.

Inventive Principle:
Principle #25Self-service

3Reliability

If multiple computing devices are used to authenticate data through tokens, then data authenticity and security are improved, but the time required for authentication and event execution worsens

Engineering Contradiction:
Improvedata authenticityVSAvoidauthentication time
Core Design Contradiction:
ReliabilityVSLoss of time

Solution Approach 1:

The patent implements preliminary action through pre-computed cryptographic hashes and pre-established consensus protocols. Data is hashed and verified against the blockchain ledger before events are executed, and tokens are validated against pre-stored cryptographic keys, enabling rapid authentication without time-consuming real-time computation during event execution.

Inventive Principle:
Principle #10Preliminary action

Solution Approach 2:

The patent replaces mechanical verification processes with cryptographic substitution. Instead of time-consuming manual or sequential verification of data authenticity, the system uses cryptographic hash functions and digital signatures that can be verified computationally in constant time, dramatically reducing authentication time while maintaining high reliability.

Inventive Principle:
Principle #28Mechanics substitution (Replace mechanical system)

Data Source

PatentUS10693646B2Event execution using a blockchain approach
Publication Date: 2020.06.23 BANK OF AMERICA CORP
  • US10693646B2 patent drawing
  • US10693646B2 patent drawing
  • US10693646B2 patent drawing

AI summary

Aspects of the disclosure relate to multicomputer systems and methods for data authentication and event execution. Any full node computing device in a network, including a data authentication and event execution computing platform, may receive a blockchain and a token associated with authenticating data included in the blockchain. The computing platform may analyze the data included in the blockchain to determine that another token must be received for data authentication. The computing platform may generate a request for the second token and transmit the request to the appropriate network device. The network device may then either approve or reject the request for an authentication token. If the appropriate number of devices authenticate the data in the blockchain by providing a token, then an associated event may be executed.