Directed Digital Currency Voucher-Tag Segmentation

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Solution Overview

Problem

Conventional digital currencies lack the capability to be directed towards specific purposes, embed restrictions or qualifications, or encode information, limiting their use and interoperability among different systems, which hinders issuers in achieving economic and behavioral benefits.

Innovation Solution

A directed digital currency system, called DirCurrency 11, which uses voucher-tag-objects that can be generated, exchanged, and redeemed within a network of purpose systems, allowing for encoded controls, restrictions, and interoperability among disparate systems.

Engineering Contradictions & Design Principles

VSEngineering Contradiction Analysis

1Ease of operation

If conventional digital currencies are used for general exchange, then ease of operation is improved, but adaptability to specific purposes and systems deteriorates

Engineering Contradiction:
Improveease of exchangeVSAvoidadaptability to specific purposes
Core Design Contradiction:
Ease of operationVSAdaptability or versatility

Solution Approach 1:

The patent segments the digital currency into two distinct components: a base currency unit and attachable voucher-tags. Each voucher-tag contains specific encoded information (restrictions, qualifications, purpose limitations) that can be independently added or removed. This segmentation allows the currency to maintain its general exchangeability while adapting to specific purposes through selective tag attachment, resolving the contradiction between ease of operation and adaptability.

Inventive Principle:
Principle #1Segmentation

Solution Approach 2:

The patent implements dynamic characteristics by making the voucher-tags removable and reattachable to different currency units. The encoded controls on voucher-tags can be dynamically adjusted through issuance, redemption, and transfer processes. This dynamic structure enables the currency to flexibly adapt to different purposes and systems while maintaining operational simplicity, as users can attach or remove tags based on transaction needs without complicating the core exchange mechanism.

Inventive Principle:
Principle #15Dynamics

2Ease of manufacture

If conventional digital currencies are designed for simplicity, then ease of manufacture is improved, but capability to embed controls and information deteriorates

Engineering Contradiction:
Improveease of issuanceVSAvoidcapability to embed controls
Core Design Contradiction:
Ease of manufactureVSAdaptability or versatility

Solution Approach 1:

The patent separates the currency issuance process into two independent stages: issuing the base currency unit (simple process) and issuing voucher-tags (complex process with encoded controls). The base currency can be manufactured and issued using existing simple digital currency infrastructure, while the voucher-tags with embedded controls, restrictions, and information can be added separately. This segmentation maintains ease of manufacture for the core currency while enabling rich control capabilities through the attachable tags.

Inventive Principle:
Principle #1Segmentation

Solution Approach 2:

The voucher-tag acts as an intermediary component between the simple base currency and the complex control requirements. It mediates by carrying encoded information (restrictions, qualifications, purpose limitations) without requiring changes to the core currency issuance mechanism. The tag system provides a layer of complexity management, allowing simple currency issuance while embedding sophisticated controls through the intermediary tag structure.

Inventive Principle:
Principle #24Intermediary (Mediator)

3Ease of operation

If conventional digital currencies lack encoded controls, then ease of operation is improved, but ability to direct currency toward specific purposes deteriorates

Engineering Contradiction:
Improveease of useVSAvoidability to direct currency
Core Design Contradiction:
Ease of operationVSAdaptability or versatility

Solution Approach 1:

The patent segments the directional control functionality into separate voucher-tags that can be attached to currency units. Each tag contains specific encoded information about intended purposes, restrictions, or qualifications. Users can attach only the necessary tags for their specific transaction needs, maintaining ease of operation for transactions that don't require restrictions while enabling precise directional control when needed. The segmented tag structure allows optional complexity rather than mandatory complexity for all transactions.

Inventive Principle:
Principle #1Segmentation

Solution Approach 2:

The patent applies local quality by allowing different voucher-tags with different encoded controls to be attached to different currency units based on specific transaction requirements. Not all currency units need the same level of control or directionality. The system enables localized application of controls where needed while maintaining simplicity where not needed, resolving the contradiction between ease of operation and ability to direct currency toward specific purposes.

Inventive Principle:
Principle #3Local quality

Data Source

PatentUS10614478B1Directed digital currency system, method, and apparatus
Publication Date: 2020.04.07 GEORGI RANDOLPH
  • US10614478B1 patent drawing
  • US10614478B1 patent drawing
  • US10614478B1 patent drawing

AI summary

A directed digital currency system, method, and apparatus comprising a proprietary directed digital currency comprising voucher-tag-objects; a network of purpose systems that generate and use the directed digital currency; purpose system members; a network processor; physical tags, tag-objects and apparatuses including modules configured for identification, qualification, generation, aggregation, detection, and redemption of elements including the directed digital currency in accordance with interoperability rules; directed digital currency redeemers configured to redeem the directed digital currency; users that receive and redeem the directed digital currency in exchange for an exchange item; a process to collect value to pay for units of the directed digital currency generated; and a process to disburse value to directed digital currency redeemers that redeem units of the directed digital currency.