Decentralized Ledger Server for Peer-to-Peer Digital Asset Exchanges

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Solution Overview

Problem

Current online gaming platforms rely on centralized exchange servers for digital asset exchanges, limiting peer-to-peer transactions and not efficiently managing ownership of non-fungible digital assets, such as unique in-game characters, which can hinder user interaction and asset management.

Innovation Solution

A system and method utilizing a decentralized ledger server with a blockchain to record and transfer ownership of non-fungible digital assets within an online gaming platform, allowing peer-to-peer exchanges without a centralized authority, enabling users to buy, sell, trade, and manage unique digital assets directly.

Engineering Contradictions & Design Principles

VSEngineering Contradiction Analysis

1Ease of operation

If a centralized exchange server is used for digital asset exchanges, then the system can maintain centralized control and simplify asset management, but peer-to-peer transactions are limited and user autonomy is reduced

Engineering Contradiction:
Improveasset managementVSAvoidpeer-to-peer transaction capability
Core Design Contradiction:
Ease of operationVSAdaptability or versatility

Solution Approach 1:

The system divides the centralized exchange function into two independent components: a decentralized ledger server that records ownership rights immutably, and gaming platforms that facilitate peer-to-peer transactions. This segmentation allows users to transact directly while the ledger provides independent verification, resolving the contradiction between centralized management simplicity and peer-to-peer transaction capability.

Inventive Principle:
Principle #1Segmentation

Solution Approach 2:

The decentralized ledger server acts as a neutral intermediary that records ownership rights without controlling the actual asset exchanges. Users can conduct peer-to-peer transactions through gaming platforms while the ledger provides independent verification of ownership, enabling both user autonomy and trustworthy asset management simultaneously.

Inventive Principle:
Principle #24Intermediary (Mediator)

2Device complexity

If ownership records are maintained centrally, then the system can simplify data management, but transparency and trust in ownership transfers are reduced

Engineering Contradiction:
Improvedata management systemVSAvoidownership record transparency
Core Design Contradiction:
Device complexityVSReliability

Solution Approach 1:

The decentralized ledger server provides multiple functions: it records ownership rights immutably, enables transparent verification by any user, and supports multiple gaming platforms simultaneously. This universal ledger infrastructure resolves the contradiction by providing both simplified data management through standardized recording and enhanced transparency through distributed access.

Inventive Principle:
Principle #6Universality (Multi-functionality)

Solution Approach 2:

The system uses cryptographic hashing to create immutable, lightweight records of ownership transfers. Each transaction is recorded as a permanent hash on the decentralized ledger, providing transparent and tamper-proof ownership history without requiring complex centralized database management, thus achieving both simplicity and transparency.

Inventive Principle:
Principle #27Cheap short-living objects (Disposable)

3Productivity

If a centralized server manages all asset exchanges, then transaction coordination is simplified, but user autonomy and direct interaction are hindered

Engineering Contradiction:
Improvetransaction coordination efficiencyVSAvoiduser autonomy
Core Design Contradiction:
ProductivityVSEase of operation

Solution Approach 1:

Ownership rights are recorded on the decentralized ledger before peer-to-peer transactions occur. This preliminary recording of rights enables users to autonomously conduct transactions with confidence, as the ledger already establishes the basis for exchange. Gaming platforms can then facilitate direct user interactions without requiring centralized coordination, resolving the contradiction between transaction efficiency and user autonomy.

Inventive Principle:
Principle #10Preliminary action

4Reliability

If centralized control is used for digital asset exchanges, then platform security can be maintained, but decentralization and user control are reduced

Engineering Contradiction:
Improveplatform securityVSAvoiddecentralization capability
Core Design Contradiction:
ReliabilityVSAdaptability or versatility

Solution Approach 1:

The decentralized ledger server serves as a neutral intermediary that provides security through cryptographic verification and immutable recording without requiring centralized control of asset exchanges. Users maintain direct control of their assets while the ledger provides independent verification, achieving both platform security and decentralization simultaneously.

Inventive Principle:
Principle #24Intermediary (Mediator)

Data Source

PatentUS11138580B1Systems and methods for peer-to-peer exchanges of non-fungible digital assets
Publication Date: 2021.10.05 MYTHICAL INC
  • US11138580B1 patent drawing
  • US11138580B1 patent drawing
  • US11138580B1 patent drawing

AI summary

Systems and methods for facilitating peer-to-peer exchanges of digital assets that are usable within an online gaming platform are disclosed. Exemplary implementations may: execute an instance of a game; receive an inventory request for information regarding a first user inventory; access a blockchain to obtain asset information; transfer the asset information in response to the inventory request; receive a transfer request to transfer ownership of a first digital asset from a first user to a second user; transfer the ownership of the first digital asset as requested.