Blockchain Resource Distribution via Pre-Verified Entity Matching
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Solution Overview
Problem
Existing systems face challenges in efficiently and effectively distributing physical and digital resources during crises, such as natural disasters, due to logistical hurdles, difficulty in verifying trustworthy entities, and ensuring resources are used appropriately.
Innovation Solution
A method and system for distributing aggregated cryptographic resources on a blockchain through an on-chain program to entities that request them, based on predefined conditions and triggers, ensuring that resources are allocated efficiently and to trusted entities.
Engineering Contradictions & Design Principles
Engineering Contradiction Analysis
1Reliability
If manual verification and checks are performed to ensure resource distribution to trustworthy entities, then resource security and trustworthiness are improved, but distribution time and efficiency deteriorate
Solution Approach 1:
The system performs preliminary actions by pre-identifying and verifying trustworthy entities before crises occur, storing their information in advance. When a crisis happens, the system can immediately match resources with pre-verified entities without time-consuming verification processes, thus resolving the contradiction between reliability and distribution time.
Solution Approach 2:
Trustworthy entities register themselves and provide their own verification information to the system in advance. This self-service approach allows the system to have pre-verified entity data ready for immediate use during crises, eliminating the need for time-consuming manual verification at the moment of resource distribution.
2Reliability
If resource distribution is delayed to perform security checks and prevent fraud, then resource security is improved, but aid delivery speed deteriorates
Solution Approach 1:
The system performs security checks and entity verification in advance before crises occur, storing verified information in a ready-to-use format. During crises, the system can immediately distribute resources to pre-verified entities without performing additional security checks, thus maintaining both resource security and fast aid delivery speed.
3Measurement precision
If contributors specify individual entities for resource sharing, then resource allocation precision is improved, but system complexity and distribution scope deteriorate
Solution Approach 1:
Trustworthy entities actively register themselves with the system, providing their own identification and verification information. This eliminates the need for contributors to manually search and specify individual entities, as the system automatically manages entity registration and matching, thus reducing system complexity while maintaining allocation precision.
4Measurement precision
If manual matching of contributors with entities is performed, then resource allocation accuracy is improved, but automation level and processing speed deteriorate
Solution Approach 1:
The system automatically matches contributors with appropriate entities by utilizing pre-registered entity information and contributor preferences. This automated matching process maintains high allocation accuracy by using structured data and verification protocols, while simultaneously achieving full automation to eliminate manual matching operations.
Data Source
AI summary
System and methods for handling on-chain cryptographic resources based on conditions generated responsive to an off-chain trigger. The system may receive a transfer request that includes a resource allocation request, generate a first blockchain function request for a list of contributor identifiers and condition sets, receive the list of contributor identifiers and condition sets, determine a subset of the list of contributor identifiers and condition sets, generate a second blockchain function request, and transmit the second operation request to a blockchain node.