Digital Currency Payment System with Automatic Balance Monitoring

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Solution Overview

Problem

The existing digital currency payment systems for contents viewing lack a method to continuously facilitate consumption, leading to user inconvenience and reduced engagement, as users need to repeatedly perform electronic payments for digital currency purchases.

Innovation Solution

A digital currency payment method and system that automatically initiates an electronic payment process based on preset conditions, allowing continuous consumption by monitoring payment events and adjusting the digital currency amount according to the completion frequency of electronic payment processes, thereby providing rewards and enhancing user convenience.

Engineering Contradictions & Design Principles

VSEngineering Contradiction Analysis

1Ease of operation

If users manually perform electronic payments for digital currency purchases, then payment control is maintained, but user convenience deteriorates and continuous consumption is hindered

Engineering Contradiction:
Improveuser convenienceVSAvoidautomatic payment initiation
Core Design Contradiction:
Ease of operationVSExtent of automation

Solution Approach 1:

The system performs preliminary actions by monitoring payment events and automatically initiating electronic payment processes before users need to manually intervene. The controller detects when digital currency balance falls below preset thresholds and proactively starts payment processes, eliminating the need for users to remember to recharge their accounts.

Inventive Principle:
Principle #10Preliminary action

Solution Approach 2:

The system enables self-service by allowing users to preset payment conditions and thresholds, after which the system autonomously manages payment processes. Users configure their preferences once, and the system automatically executes payments based on monitored balance levels, reducing repeated manual operations.

Inventive Principle:
Principle #25Self-service

2Duration of action of stationary object

If automatic payment initiation is implemented, then continuous consumption is enabled, but system complexity increases

Engineering Contradiction:
Improvecontinuous consumption periodVSAvoidpayment monitoring system complexity
Core Design Contradiction:
Duration of action of stationary objectVSDevice complexity

Solution Approach 1:

The controller performs multiple functions: monitoring digital currency balance, comparing against preset thresholds, initiating electronic payment processes, and tracking payment completion. By consolidating these diverse functions into a single controller, the system achieves continuous consumption capability without proportionally increasing overall system complexity.

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

Solution Approach 2:

The system implements feedback mechanisms by continuously monitoring payment event occurrences and payment completion frequencies. The controller receives feedback about balance levels and payment status, then adjusts its behavior accordingly - initiating payments when thresholds are met and updating the system based on whether payments complete successfully.

Inventive Principle:
Principle #23Feedback

3Productivity

If payment monitoring and automatic initiation are implemented, then user engagement is enhanced, but processing time and energy consumption increase

Engineering Contradiction:
Improvecontents consumption rateVSAvoidenergy for payment processing
Core Design Contradiction:
ProductivityVSUse of energy by moving object

Solution Approach 1:

The system employs periodic action by monitoring payment events at specific intervals rather than continuously. The controller checks for payment events occurring based on preset conditions (such as when balance reaches certain thresholds) and initiates payments periodically when needed, rather than maintaining constant active processing, thus reducing energy consumption while maintaining productivity.

Inventive Principle:
Principle #19Periodic action

Data Source

PatentUS20230342805A1Digital currency payment method and system
Publication Date: 2023.10.26 NAVER WEBTOON LTD
  • US20230342805A1 patent drawing
  • US20230342805A1 patent drawing
  • US20230342805A1 patent drawing

AI summary

A digital currency payment method for performing a payment related to digital currency used in contents viewing includes monitoring occurrence of a payment event related to a preset payment condition for purchase of the digital currency, in relation to a user account; starting an electronic payment process for purchase of the digital currency with respect to the user account when the payment event has occurred at the user account as a monitoring result; and supplying the digital currency to the user account when the purchase of the digital currency has been completed through the electronic payment process.