Blockchain Group Agreement System for Digital Asset Benefit Sharing

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Solution Overview

Problem

Current online gaming platforms lack effective mechanisms for sharing benefits among users based on gains from distribution rights of digital assets, which are recorded and managed using decentralized ledgers, limiting collaborative and incentivizing user interactions.

Innovation Solution

A system comprising an online gaming platform and a decentralized ledger server that enables users to form group agreements, record rights and transactions on a blockchain, and allocate benefits based on trigger events, allowing users to contribute and share gains from digital assets.

Engineering Contradictions & Design Principles

VSEngineering Contradiction Analysis

1Reliability

If decentralized ledgers are used to record distribution rights, then transparency and security of asset ownership is improved, but system complexity increases

Engineering Contradiction:
Improvesecurity of asset ownershipVSAvoidsystem complexity
Core Design Contradiction:
ReliabilityVSDevice complexity

Solution Approach 1:

The system segments the complex decentralized ledger functionality into distinct modular components: a rights management module for recording distribution rights, a transaction recording module for tracking asset exchanges, and a benefit allocation module for distributing gains. This segmentation reduces overall system complexity while maintaining the security benefits of decentralized recording.

Inventive Principle:
Principle #1Segmentation

2Adaptability or versatility

If group agreements with multiple users are implemented, then benefit sharing capability is improved, but ease of operation decreases

Engineering Contradiction:
Improvebenefit sharing capabilityVSAvoidease of operation
Core Design Contradiction:
Adaptability or versatilityVSEase of operation

Solution Approach 1:

The system enables users to define and join group agreements in advance through a user-friendly interface. The smart contract automatically encodes the benefit sharing terms before any transactions occur, so that when asset exchanges happen, the benefit allocation is executed automatically without requiring manual intervention or complex operational procedures during actual transactions.

Inventive Principle:
Principle #10Preliminary action

3Productivity

If smart contracts are used to automate benefit allocation, then productivity of benefit distribution is improved, but measurement precision requirements increase

Engineering Contradiction:
Improveproductivity of benefit distributionVSAvoidmeasurement precision
Core Design Contradiction:
ProductivityVSMeasurement precision

Solution Approach 1:

The smart contract specifies precise parameters for benefit allocation, including the exact proportion of gains to be distributed to each user based on their contribution to the group account balance. These parameters are defined in the agreement terms and automatically executed by the contract, ensuring accurate and timely benefit distribution without manual calculation errors.

Inventive Principle:
Principle #35Parameter changes

Data Source

PatentUS11935146B2Systems and methods to provide sharing of benefits amongst a group of users based on gains from distribution rights pertaining to digital assets
Publication Date: 2024.03.19 MYTHICAL INC
  • US11935146B2 patent drawing
  • US11935146B2 patent drawing
  • US11935146B2 patent drawing

AI summary

Systems and methods to provide sharing of benefits amongst a group of users are disclosed. Exemplary implementations may: effectuate a presentation of an agreement interface for the users to define and/or join group agreements; generate, based on the group agreements, sets of instructions for implementation of the group agreements; transmit the sets of instructions to a decentralized ledger server; receive and executing the transmitted sets of instructions to record the group agreements on the blockchain as smart contracts; record transactions pertaining to the digital assets; responsive to recording the transactions, increase the group account balances by a portion of the earned gains resultant from the recorded transactions; and responsive to an occurrence of at least one of the trigger events specified for the first group agreement, allocate a portion of the group account balance to the group of users.