Digital Wallet Asset Management Platform
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Solution Overview
Problem
Managing digital wallet assets on mobile devices is challenging due to their static nature, making it difficult for entities to update and manage distributed assets effectively.
Innovation Solution
A digital wallet asset management platform that facilitates the creation, management, and distribution of digital assets, allowing businesses to configure templates, generate instances, and update assets dynamically across multiple mobile devices using a centralized system.
Engineering Contradictions & Design Principles
Engineering Contradiction Analysis
1Ease of operation
If digital wallet assets are distributed to multiple mobile devices, then user accessibility and convenience are improved, but managing and updating these assets across devices becomes complex and difficult
Solution Approach 1:
The patent introduces a centralized asset management server as an intermediary between businesses and mobile devices. This server handles asset distribution, version control, and updates across multiple devices, eliminating the need for businesses to directly manage each device while maintaining user accessibility.
Solution Approach 2:
The asset management server provides universal functionality by serving multiple purposes: initial asset distribution, version control, update management, and device registration. This single system handles all asset lifecycle operations across diverse mobile devices, simplifying the overall management architecture.
2Reliability
If digital wallet assets are made static for security and stability, then asset reliability is improved, but the ability to update and modify assets dynamically is reduced
Solution Approach 1:
The patent implements a dynamic asset management system where assets are no longer static but can be updated and modified. The server maintains version control and can push updates to devices, allowing assets to adapt to changing business requirements while maintaining security through controlled distribution channels.
Solution Approach 2:
The system incorporates feedback mechanisms where devices report their asset versions and status to the server. This enables the server to track which devices need updates and ensures reliable distribution of new asset versions, balancing stability with adaptability.
3Productivity
If a centralized system is implemented to manage digital wallet assets, then update efficiency and control are improved, but system complexity and infrastructure requirements increase
Solution Approach 1:
The patent segments the asset management system into distinct functional components: asset creation, version control, device registration, and update distribution. This modular approach allows each component to be independently managed and optimized, reducing overall system complexity while maintaining high update efficiency.
Data Source
AI summary
Installing digital wallet assets is disclosed. A distribution channel is received. A notification message indicating that a digital wallet asset is available for installation is generated. The notification message is distributed based at least in part on the distribution channel. A callback is received. The digital wallet asset is provided. The digital wallet asset is constructed based at least in part on an associated digital wallet asset logical instance.