Digital Resource Management System Using Distributed Register

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Solution Overview

Problem

Conventional systems lack the capability to facilitate the creation, verification, and management of digital resources in a user-friendly manner, necessitating a centralized system for these functions.

Innovation Solution

A system comprising memory devices with computer-readable program code and processing devices configured to execute instructions for creating, verifying, and managing digital resources, including duplication, division, and transfer of digital content, using a distributed register and user interface, allowing users to create and manage digital resources such as NFTs.

Engineering Contradictions & Design Principles

VSEngineering Contradiction Analysis

1Ease of operation

If a centralized system is implemented for digital resource management, then ease of operation and user-friendliness improve, but device complexity increases

Engineering Contradiction:
Improveuser-friendlinessVSAvoidsystem complexity
Core Design Contradiction:
Ease of operationVSDevice complexity

Solution Approach 1:

The patent introduces a centralized digital resource management system that acts as an intermediary between users and the distributed register (blockchain). This mediator handles complex operations like creating, verifying, and managing digital resources (NFTs), while presenting a simplified user interface. The system translates user-friendly actions into complex blockchain operations, resolving the contradiction by hiding complexity behind an easy-to-use interface.

Inventive Principle:
Principle #24Intermediary (Mediator)

2Manufacturing precision

If digital content is divided into multiple parts, then manufacturing precision and resource management improve, but device complexity increases

Engineering Contradiction:
Improvedigital resource verificationVSAvoidcontent management complexity
Core Design Contradiction:
Manufacturing precisionVSDevice complexity

Solution Approach 1:

The patent implements segmentation by dividing digital content into multiple parts and creating separate digital resources (NFTs) for each part. The system assigns unique identifiers to each segment and maintains relationships between parts through the distributed register. This enables precise tracking and verification of each component while the centralized management system handles the complexity of coordinating these segments, thus improving verification precision without exposing users to the underlying complexity.

Inventive Principle:
Principle #1Segmentation

Data Source

PatentUS12124875B2System and method for facilitating creation, verification, and management of digital resources
Publication Date: 2024.10.22 BANK OF AMERICA CORP
  • US12124875B2 patent drawing
  • US12124875B2 patent drawing
  • US12124875B2 patent drawing

AI summary

Embodiments of the present invention provide a system for facilitating creation, verification, and management of digital resources. The system is configured for receiving a digital content for upload to a distributed register from a user, via a user interface, receiving one or more instructions associated with distribution of the digital content from the user, via the user interface, creating one or more digital resources from the digital content via the user interface based on the one or more instructions received from the user, and storing the one or more digital resources on the distributed register.