Conversation Wallet Transfers Using Natural Language Commands
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Solution Overview
Problem
Existing cryptocurrency wallet applications require users to execute multiple steps and possess knowledge of recipient contact information, making digital asset transfers time-consuming and prone to user error, especially for inexperienced users.
Innovation Solution
A system and method utilizing a conversation interface and credential-based login, allowing users to transfer digital assets using natural language commands and an automated software assistant, which parses commands to extract recipient identifiers and amounts, enabling secure and user-friendly transactions without the need for traditional authentication.
Engineering Contradictions & Design Principles
Engineering Contradiction Analysis
1Reliability
If traditional cryptocurrency wallet applications are used, then security is maintained through credential-based authentication, but the transfer process becomes complex and time-consuming requiring multiple steps and recipient contact information
Solution Approach 1:
The patent introduces a conversation interface as an intermediary layer between the user and the digital asset transfer system. This interface accepts natural language commands and translates them into structured transfer instructions, eliminating the need for users to navigate complex authentication flows or input recipient contact information manually. The intermediary parses user intent and automatically extracts necessary parameters, thereby simplifying the operation while maintaining security through backend verification processes
2Reliability
If multiple authentication steps and recipient contact information requirements are implemented, then transfer security is ensured, but transfer time increases and user error potential increases
Solution Approach 1:
The system performs preliminary parsing and validation of transfer parameters during the natural language command processing stage. The conversation interface pre-extracts recipient identifiers, amounts, and other necessary information before the actual transfer execution, and pre-validates these parameters against security requirements. This preliminary action reduces the time required during the actual transfer execution while maintaining security checks
3Measurement precision
If traditional wallet interfaces requiring recipient contact information are used, then accurate recipient identification is achieved, but the process becomes prone to user error for inexperienced users
Solution Approach 1:
The patent replaces the mechanical interaction of manually entering and selecting recipient contact information with a natural language processing system. Users simply state the recipient's identity in conversation form, and the system's parser automatically identifies and extracts the correct recipient identifier. This substitution eliminates errors related to incorrect contact information entry or selection while maintaining accurate recipient identification through intelligent parsing
Data Source
AI summary
A system and method for transferring digital assets using natural language commands via a conversation interface. A user logs into a first digital wallet using login credentials, such as a username and password. Upon successful authentication, the system stores the wallet's digital asset balance and receives a natural language transfer command from the user through a conversation interface. The system parses the command to extract a recipient identifier and asset amount, identifies a second digital wallet associated with the recipient, and records a transfer of digital assets. An assistant user may provide contextual responses and prompt the user to confirm the transfer.