Blockchain Universal Incentive Award Points System

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Solution Overview

Problem

Current universal incentive award points systems lack transparency, authentication, verification, and fraud prevention, making it difficult to create, store, and redeem points for academic, athletic, and community service activities, and are not easily accessible to all students, including international students.

Innovation Solution

A method and system using blockchain technology to earn, store, and redeem universal incentive award points for various activities, ensuring transparency, authentication, and fraud prevention, with wireless and contactless transfer of information.

Engineering Contradictions & Design Principles

VSEngineering Contradiction Analysis

1Reliability

If traditional incentive award points systems are used, then points can be awarded for various activities, but the system lacks transparency, authentication, verification and fraud prevention

Engineering Contradiction:

Improvetransparency and fraud preventionVSAvoidsystem complexity

Core Design Contradiction:

ReliabilityVSDevice complexity

Solution Approach 1:

The patent introduces blockchain technology as an intermediary layer between the incentive award system and users. The blockchain serves as a decentralized ledger that records all points transactions immutably, providing transparency and verification without requiring complex centralized authentication systems. Each point issuance and redemption is recorded as a blockchain transaction, enabling fraud prevention through cryptographic verification.

Inventive Principle:

Principle #24Intermediary (Mediator)

Solution Approach 2:

The patent replaces traditional mechanical authentication and verification systems with cryptographic mechanisms inherent to blockchain technology. Instead of relying on centralized databases and manual verification processes, the system uses digital signatures, hash functions, and distributed consensus algorithms to authenticate transactions and prevent fraud automatically.

Inventive Principle:

Principle #28Mechanics substitution (Replace mechanical system)

2Adaptability or versatility

If universal incentive award points are created for all activities, then all students can participate, but the points cannot be easily stored, verified and redeemed

Engineering Contradiction:

Improveuniversal participationVSAvoidstorage and redemption ease

Core Design Contradiction:

Adaptability or versatilityVSEase of operation

Solution Approach 1:

The patent creates a universal incentive award system where points can be earned through multiple activity types (academic, athletic, community service, etc.) and redeemed for various goods and services. The blockchain infrastructure provides a universal ledger that all participating institutions recognize, enabling points to be stored and transferred across different organizations without requiring separate systems for each institution.

Inventive Principle:

Principle #6Universality (Multi-functionality)

Solution Approach 2:

The patent uses digital representation of points as cryptographic tokens on the blockchain, which can be copied and transferred electronically without physical manipulation. Each point is represented as a digital asset that can be instantly transferred between wallets, eliminating the need for physical point cards or complex redemption procedures.

Inventive Principle:

Principle #26Copying

3Quantity of substance

If traditional financial aid systems are used, then scholarships and grants are available, but such aid is not available to all students

Engineering Contradiction:

Improveaccessibility to studentsVSAvoidsystem accessibility

Core Design Contradiction:

Quantity of substanceVSDevice complexity

Solution Approach 1:

The patent segments the incentive award system into modular components: activity tracking modules, point issuance modules, blockchain integration modules, and redemption modules. This segmentation allows the system to be implemented incrementally across different institutions and activity types, making it accessible to a broader range of students without requiring complete system overhauls at once.

Inventive Principle:

Principle #1Segmentation

Data Source

PatentUS11593833B2Method and system for providing electronic universal incentive awards with blockchains

Publication Date: 2023.02.28 WILLIAMS TUBAY JOSEPH SEAN

AI summary

A method and system for providing electronic universal incentive awards processing with blockchains. Universal incentive award points are earned for academic (e.g., tutoring, homework completion, lab completion, project completion, etc.) athletic (e.g., watching sports events, participating in sports events, assisting with sports events, etc.), mentoring, volunteering, extra-curricular activities, clubs, community service and/or other selected activities. The universal incentive award points earned are stored in a blockchain. The blockchain allows the creation and use of universal electronic universal incentive award points with transparency, authentication, verification and fraud prevention. The universal incentive award points are immediately redeemable from the blockchain for goods and services. The incentive award points information can be immediately sent and received with wireless, contactless transfer of information.