Secure Digital Currency Transaction Unit Control Data Management
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Solution Overview
Problem
Existing digital currency transaction systems lack flexibility in managing control data, which limits the ability to dynamically adjust transaction limits and functionality across secure digital currency transaction units.
Innovation Solution
A secure digital currency transaction unit that includes a transaction execution unit, digital currency data elements, control data elements, and a control data management unit, allowing for the exchange of control data elements between secure digital currency transaction units, thereby enhancing flexibility, security, and performance.
Engineering Contradictions & Design Principles
Engineering Contradiction Analysis
1Reliability
If control data are fixed in the secure digital currency transaction unit after issuance, then security is improved, but flexibility deteriorates
Solution Approach 1:
The control data elements are made dynamically transferable between secure digital currency transaction units through the control data management unit. This allows the system to adapt control data allocation in real-time based on transaction requirements, resolving the contradiction by enabling both security (through controlled access) and flexibility (through dynamic reallocation) simultaneously
2Adaptability or versatility
If control data elements are transferred between secure digital currency transaction units, then flexibility is improved, but device complexity increases
Solution Approach 1:
The control data management unit acts as an intermediary that manages the transfer of control data elements between secure digital currency transaction units. This intermediary component simplifies the overall system architecture by centralizing the complexity of control data management, allowing flexible transfer while containing device complexity within a dedicated management unit
3Adaptability or versatility
If control data elements are exchanged between transaction units, then adaptability is improved, but loss of information increases
Solution Approach 1:
The control data management unit implements feedback mechanisms to track and manage control data elements during transfer between transaction units. This ensures that control data is properly allocated and removed from source units, preventing information loss while maintaining adaptability through controlled exchange
Data Source
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AI summary
The present invention relates to a secure digital currency transaction unit (1) of an end user of a digital currency transaction system, comprising: - a transaction execution unit (12) executing a transaction; - one or more digital currency data elements (15); - one or more control data elements (10), wherein the transaction execution unit (12) checks at least one of the one or more control data elements (10) in the transaction; and - a control data management unit (11) for managing a control data element (10). The control data management unit (11) is adapted for managing the control data element (10) exchanged with another secure digital currency transaction unit (1a, 1b).