Cryptocurrency Wallet Authentication for Device Link Security
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Solution Overview
Problem
Electronic devices face challenges in authenticating identities securely before establishing communications links, particularly in preventing unauthorized access and managing burdensome communication requests, especially when sensitive data is involved.
Innovation Solution
Incorporating cryptocurrency mining circuitry within electronic devices to perform device authentication operations by using cryptocurrency wallet information and generating authentication transactions verified by a cryptocurrency network, ensuring only authenticated devices can establish and maintain communications links.
Engineering Contradictions & Design Principles
Engineering Contradiction Analysis
1Reliability
If traditional authentication methods are used to verify device identity, then communication security is improved, but the system is vulnerable to burdensome communication requests and unauthorized access
Solution Approach 1:
The patent introduces cryptocurrency wallet information as an intermediary authentication mechanism. Instead of direct device-to-device authentication, the system uses cryptocurrency network-verified wallet information as a trusted mediator. The wallet information serves as proof of identity that has already been validated by the decentralized cryptocurrency network, eliminating the need for complex centralized authentication systems while maintaining high security standards.
2Object-affected harmful factors
If device authentication is performed to prevent unauthorized access, then data security is improved, but communication request management becomes burdensome
Solution Approach 1:
The patent applies preliminary action by requiring devices to possess and present pre-validated cryptocurrency wallet information before authentication is even attempted. The wallet information has already been verified by the cryptocurrency network in advance, so the authentication process simply involves presenting this pre-validated proof. This eliminates time-consuming real-time verification steps while maintaining strong unauthorized access prevention.
3Reliability
If cryptocurrency wallet information is used for authentication, then unauthorized access prevention is improved, but device complexity increases
Solution Approach 1:
The patent leverages the universality of cryptocurrency wallet technology. Wallet information serves multiple functions: it acts as device identification, provides cryptographic proof of ownership, and serves as authentication credentials. By using this multi-functional existing technology rather than building a specialized authentication system from scratch, the patent achieves high identity verification reliability without proportionally increasing device complexity.
Data Source
AI summary
A first device may be coupled to a second device over a network. The first device may maintain a first cryptocurrency wallet and may include mining circuitry that generates cryptocurrency rewards for the wallet. The first device may transmit a communications request to the second device. The second device may transmit payment information identifying a second wallet and a selected authentication amount to the first device. The second device may select the authentication amount to perform a desired amount of device connection rate limiting. The first device may generate an authentication transaction for a cryptocurrency network to transfer the authentication amount from the first wallet to the second wallet. The second device may determine whether the authentication transaction has been verified by the cryptocurrency network. In response to determining that the authentication transaction has been verified by the cryptocurrency network, the second device may establish the communication link.