Decentralized IT Marketplace Platform for Infrastructure Trading

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Solution Overview

Problem

Current cloud computing models, led by centralized providers like AWS, face challenges such as vendor lock-in, lack of transparency, and inefficiency, which discourage adoption and lead to enterprises opting for self-managed IT infrastructure, while also limiting flexibility and choice for developers and administrators.

Innovation Solution

A decentralized and distributed IT marketplace platform based on blockchain technology that enables buying, selling, and financing of IT infrastructure capacity, allowing for a self-regulating and trustless marketplace connecting consumers, producers, and financiers, utilizing the Workload Allocation Cube (WAC) algorithm for standardized measurement and the kWAC Token for transparent pricing.

Engineering Contradictions & Design Principles

VSEngineering Contradiction Analysis

1Ease of operation

If centralized cloud computing models are used, then service provisioning and resource management are simplified, but vendor lock-in and lack of transparency occur

Engineering Contradiction:

Improveservice provisioningVSAvoidtransparency

Core Design Contradiction:

Ease of operationVSLoss of information

Solution Approach 1:

The patent introduces a decentralized marketplace platform as an intermediary layer between IT infrastructure consumers and producers. This platform uses blockchain technology to mediate transactions, providing transparency through distributed ledger recording while maintaining ease of operation through automated smart contract execution for service provisioning and resource management.

Inventive Principle:

Principle #24Intermediary (Mediator)

2Extent of automation

If centralized cloud providers are used, then infrastructure management is automated, but flexibility and choice are limited

Engineering Contradiction:

Improveinfrastructure managementVSAvoidflexibility

Core Design Contradiction:

Extent of automationVSAdaptability or versatility

Solution Approach 1:

The patent segments the centralized cloud infrastructure market into multiple independent producers and consumers connected through a decentralized marketplace. This segmentation allows automated infrastructure management through smart contracts while simultaneously increasing flexibility and choice by enabling participants to select from diverse providers and negotiate custom arrangements.

Inventive Principle:

Principle #1Segmentation

Solution Approach 2:

The patent creates a dynamic marketplace where infrastructure provisioning and management parameters can be adjusted in real-time through smart contracts. Participants can dynamically modify resource allocations, pricing terms, and service levels without being locked into static centralized provider arrangements, thereby enhancing flexibility while maintaining automation.

Inventive Principle:

Principle #15Dynamics

3Loss of information

If decentralized marketplace platform is implemented, then transparency and flexibility are improved, but system complexity increases

Engineering Contradiction:

ImprovetransparencyVSAvoidsystem complexity

Core Design Contradiction:

Loss of informationVSDevice complexity

Solution Approach 1:

The patent implements self-service mechanisms through smart contracts that automatically execute transactions, manage resource provisioning, and enforce agreements without human intervention. This automation maintains transparency through blockchain's inherent visibility while reducing the operational complexity burden on users, as the system self-manages the complex decentralized marketplace operations.

Inventive Principle:

Principle #25Self-service

Solution Approach 2:

The patent replaces complex manual coordination and trust-based negotiations with automated smart contract mechanics built on blockchain technology. This substitution maintains transparency through the immutable distributed ledger while simplifying system operation by eliminating the need for complex interpersonal coordination and manual verification processes.

Inventive Principle:

Principle #28Mechanics substitution (Replace mechanical system)

4Reliability

If blockchain technology is used, then trust and transparency are enhanced, but computational overhead and cost increase

Engineering Contradiction:

ImprovetrustVSAvoidcomputational overhead

Core Design Contradiction:

ReliabilityVSUse of energy by moving object

Solution Approach 1:

The patent extracts only the essential trust and transparency functions needed for IT infrastructure transactions and implements them through blockchain smart contracts. By taking out only the necessary blockchain capabilities rather than implementing the full blockchain for all operations, the system enhances trust while minimizing computational overhead and energy consumption in the decentralized marketplace platform.

Inventive Principle:

Principle #2Taking out (Extraction)

Data Source

PatentUS11699186B1Systems and methods for IT supply chain management on a distributed platform

Publication Date: 2023.07.11 EDJX INC

AI summary

Systems and methods for buying, selling, and financing enterprise IT infrastructure capacity on a decentralized and distributed marketplace platform are disclosed. In one embodiment, the decentralized and distributed IT marketplace platform is based on the blockchain technology. In one embodiment, a blockchain-based IT marketplace platform provides a decentralized supply chain for IT assets and financial services and establishes a self-regulating and trustless marketplace of connected consumers, producers, and financiers. In one embodiment, the blockchain-based IT marketplace platform enables developing, executing, financing and monetizing modern, cloud native, enterprise compute infrastructure and software applications.