Permissionless Virtual Asset Network With On-Chain Recipe Payments

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Solution Overview

Problem

Existing virtual asset systems are centralized, limiting user control and freedom in buying and selling virtual assets, leading to high transaction costs and unreliable third-party services, and creating barriers for smaller developers due to corporate control and walled gardens.

Innovation Solution

A permissionless blockchain network and system that allows users to create, trade, and manage virtual assets without central authority, using a decentralized exchange with user-driven interfaces and open-source interoperability, enabling seamless integration with external systems and reducing transaction costs.

Engineering Contradictions & Design Principles

VSEngineering Contradiction Analysis

1Ease of operation

If centralized virtual asset systems are used, then corporate control and flexibility are maintained, but user control and freedom in buying and selling virtual assets is limited

Engineering Contradiction:

Improveuser controlVSAvoidsystem control structure

Core Design Contradiction:

Ease of operationVSDevice complexity

Solution Approach 1:

The patent extracts control from centralized corporate entities and transfers it to users through decentralized blockchain technology. Users gain direct control over their virtual assets via cryptographic keys, eliminating the need for corporate intermediaries to manage or restrict asset transactions.

Inventive Principle:

Principle #2Taking out (Extraction)

Solution Approach 2:

Instead of corporations controlling users' virtual assets, the system inverts the relationship by enabling users to control and trade assets freely on a decentralized marketplace, with corporations reduced to mere service providers rather than gatekeepers.

Inventive Principle:

Principle #13The other way round (Inversion)

2Ease of operation

If third-party services facilitate illicit transfers, then buying and selling virtual assets becomes possible, but transaction costs increase and reliability decreases

Engineering Contradiction:

Improvetrading capabilityVSAvoidtransaction reliability

Core Design Contradiction:

Ease of operationVSReliability

Solution Approach 1:

The decentralized marketplace enables users to conduct transactions directly with each other without requiring third-party intermediaries. Users self-manage their virtual asset trades through smart contracts and blockchain transactions, eliminating reliance on unreliable third-party services while reducing costs.

Inventive Principle:

Principle #25Self-service

Solution Approach 2:

The blockchain and smart contracts serve as a neutral, transparent intermediary that facilitates trust between users. Rather than relying on corporate intermediaries that can be arbitrary or unreliable, the system uses cryptographic verification and distributed consensus to ensure transaction reliability.

Inventive Principle:

Principle #24Intermediary (Mediator)

3Device complexity

If walled gardens are used, then platform control is maintained, but barriers to entry for smaller developers increase

Engineering Contradiction:

Improveplatform controlVSAvoiddeveloper accessibility

Core Design Contradiction:

Device complexityVSEase of manufacture

Solution Approach 1:

The decentralized marketplace provides a universal platform that any developer can access without requiring approval from a centralized authority. The open-source blockchain infrastructure and standardized smart contract interfaces enable developers of all sizes to create and trade virtual assets on the same platform, eliminating walled garden exclusivity.

Inventive Principle:

Principle #6Universality (Multi-functionality)

Solution Approach 2:

The system segments control by allowing individual developers to create their own virtual asset ecosystems on the shared blockchain infrastructure. Each developer maintains independence over their specific platform while benefiting from the shared decentralized marketplace, eliminating the need for large platforms to gatekeep access.

Inventive Principle:

Principle #1Segmentation

4Adaptability or versatility

If centralized exchanges manage user balances, then fiat currency integration is enabled, but counterparty risk increases

Engineering Contradiction:

Improvefiat integrationVSAvoidcounterparty risk

Core Design Contradiction:

Adaptability or versatilityVSObject-affected harmful factors

Solution Approach 1:

The patent extracts balance management from centralized exchanges and transfers it to users through their own cryptocurrency wallets. Users maintain control of their assets on the blockchain rather than having balances managed by exchange companies, eliminating counterparty risk while still enabling fiat integration through decentralized payment processors.

Inventive Principle:

Principle #2Taking out (Extraction)

Solution Approach 2:

The system replaces the mechanical balance management system of centralized exchanges with cryptographic verification and blockchain-ledger technology. Instead of trusting a company to manage balances, users rely on cryptographic proofs and distributed consensus to verify asset ownership and transaction validity.

Inventive Principle:

Principle #28Mechanics substitution (Replace mechanical system)

Data Source

PatentUS20250363493A1Systems and methods for a permissionless decentralized virtual asset network

Publication Date: 2025.11.27 PYLONS INC

AI summary

A blockchain system for containing authority within a distributed consensual system includes a blockchain network of participating user devices. A participating user device, having a memory and a processor, is configured to create an account linking blockchain transaction to link a developer account with an external authority account of a user of the device. The user device is further configured to publish a recipe associated with the user's developer account, receive, from an external authority, a receipt indicating purchase of the recipe by another user connected to the distributed consensual system, create a recipe blockchain transaction including data identifying the recipe and the receipt, and broadcast the recipe blockchain transaction on the blockchain network. Upon validation, the user receives payment via one or more additional blockchain transactions.