Cryptocurrency Asset Bundle Management System
Find Innovative SolutionsGenerate Solutions
Solution Overview
Problem
In the cryptocurrency field, users face challenges when purchasing multiple cryptocurrency assets, as they typically require executing separate transactions, which can be cumbersome and intimidating for novice users who lack confidence in selecting and managing individual assets.
Innovation Solution
A system and method for creating and managing cryptocurrency asset bundles, allowing users to purchase a weighted bundle of assets based on market capitalization values, with automatic rebalancing and custody management, enabling users to invest in multiple assets with a single order and eliminating the need for manual asset selection and ongoing rebalancing.
Engineering Contradictions & Design Principles
Engineering Contradiction Analysis
1Ease of operation
If users purchase multiple cryptocurrency assets through separate transactions, then each asset can be acquired individually, but the process becomes cumbersome and intimidating for novice users
Solution Approach 1:
The patent combines multiple separate cryptocurrency asset purchases into a single bundled transaction. Users can select multiple assets and purchase them together in one operation, eliminating the need to execute multiple separate transactions. This merging of operations directly addresses the technical contradiction by improving ease of operation while managing complexity through automation.
Solution Approach 2:
The system automatically manages asset selection, weighting, and rebalancing without requiring manual intervention from users. The automated rebalancing mechanism continuously adjusts asset allocations based on market capitalization weights, freeing users from the burden of manual portfolio management while maintaining optimal asset distribution.
2Reliability
If users manually select and manage individual assets, then asset selection flexibility is maintained, but user confidence decreases due to lack of expertise
Solution Approach 1:
The system introduces an intermediary mechanism that uses market capitalization data to objectively determine asset weights and allocations. This intermediary approach removes the need for users to make subjective asset selection decisions, thereby increasing reliability and user confidence while maintaining operational simplicity through automated execution.
Solution Approach 2:
The system dynamically adjusts asset allocations based on changing market capitalization parameters. By continuously monitoring and responding to parameter changes in the cryptocurrency market, the system maintains optimal portfolio weights automatically, enhancing reliability without requiring users to understand or manually adjust these parameters.
3Ease of operation
If automatic rebalancing is implemented, then portfolio maintenance is simplified, but system complexity increases
Solution Approach 1:
The system performs preliminary actions by pre-calculating target asset weights based on market capitalization before rebalancing is needed. This advance preparation allows the system to execute rebalancing operations efficiently when triggered, simplifying the user experience while managing system complexity through proactive rather than reactive operations.
Solution Approach 2:
The automatic rebalancing system operates periodically based on predetermined triggers or time intervals rather than continuously. This periodic action approach simplifies portfolio maintenance for users while managing system complexity by limiting the frequency and intensity of rebalancing operations to necessary moments only.
Data Source
AI summary
Systems and methods for managing bundles of cryptocurrency assets.