Consortium Ledger Network for Child Support Payments
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Solution Overview
Problem
Current child support payment systems face delays due to holidays and system closures, leading to inadequate record keeping and timely disbursement of payments, which can result in obligors being charged twice for the same period due to lack of accurate tracking.
Innovation Solution
A multilayered consortium ledger network utilizing blockchain technology and self-executing contracts enables secure, efficient, and timely disbursement of child support payments, tracking payments made and received, and allowing parents to make and receive payments directly outside of traditional agencies, with features like multilayered consortium ledger networks, distributed oracles, and cloud services for verification and record-keeping.
Engineering Contradictions & Design Principles
Engineering Contradiction Analysis
1Reliability
If traditional centralized child support payment systems are used, then payments can be processed through established agencies, but delays occur due to holidays and system closures, and accurate tracking is insufficient leading to duplicate payments
Solution Approach 1:
The patent replaces the mechanical centralized processing system with a blockchain-based distributed ledger system. This substitution eliminates the need for centralized agencies to manually process and track payments, providing automated, real-time recording of all transactions. The blockchain's immutable ledger ensures accurate tracking of payments while operating continuously without holiday closures, directly resolving both the reliability and time loss issues.
Solution Approach 2:
The patent introduces blockchain technology as an intermediary layer between payors and recipients. This decentralized mediator provides a trusted, transparent record-keeping system that eliminates the need for traditional centralized agencies. The blockchain intermediary ensures accurate tracking through its distributed ledger while operating 24/7 without interruptions, simultaneously improving payment tracking accuracy and eliminating processing delays.
2Reliability
If centralized child support agencies process payments, then verification can be performed, but the system requires manual tracking and is subject to operational closures
Solution Approach 1:
The patent replaces manual verification processes with automated smart contracts executed on the blockchain. These self-executing contracts automatically verify payment conditions and execute disbursements without human intervention. This substitution eliminates operational closures and manual tracking requirements while maintaining verification integrity, directly improving both reliability and productivity.
Solution Approach 2:
The patent implements self-service through smart contracts that automatically verify and process payments without requiring centralized agency intervention. The system performs its own verification and disbursement functions autonomously, eliminating the bottleneck of manual processing and operational closures. This self-service mechanism simultaneously enhances verification reliability and accelerates payment disbursement speed.
3Loss of information
If traditional payment tracking methods are used, then records can be maintained, but inadequate tracking leads to obligors being charged twice for the same period
Solution Approach 1:
The patent replaces inadequate manual tracking systems with a blockchain-based distributed ledger. This new system provides automatic, real-time recording of all payments with immutable documentation. The blockchain's inherent transparency and immutability eliminate tracking errors and duplicate charging, directly addressing both information loss and reliability issues in payment tracking.
Solution Approach 2:
The patent implements continuous feedback through the blockchain's distributed ledger, which provides real-time visibility of all payment transactions to all participants. This feedback mechanism ensures that duplicate payments are immediately identifiable and prevents incorrect charging. The transparent tracking system simultaneously reduces information loss and enhances payment tracking reliability.
Data Source
AI summary
Child/family support payments are made on a multilayered consortium ledger network using blockchain, IoT, and other technologies to expedite the process and disbursement of child/family support payments. The multilayered consortium ledger network may cater to local and/or global child support agencies and/or local and global Parties/Parents/family members who elect to send child/family support payments to their family(ies) outside the traditional child support agencies/district attorney offices. The plurality of technologies used support payments made/received using, but not limited to, domestic/foreign fiat, cryptocurrency, tokens, an/or native tokens.