Distributed Asset Ownership via Visual Segmentation
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Solution Overview
Problem
Current systems do not allow for joint ownership of valuable tangible assets by unassociated individuals or business entities without complex contractual agreements, and ownership is typically represented as a percentage of the whole asset rather than specific sections or components.
Innovation Solution
A method and system that divide a visual representation of a tangible asset into portions, enabling users to select, associate, and manage ownership of specific sections, allowing for the purchase and transfer of ownership rights without requiring the entire asset to be owned or sold.
Engineering Contradictions & Design Principles
Engineering Contradiction Analysis
1Adaptability or versatility
If the entire tangible asset is bought by an individual or business entity, then ownership is simplified and clear, but joint ownership by multiple unassociated individuals or entities cannot be achieved
Solution Approach 1:
The patent divides the tangible asset into multiple discrete portions or segments that can be independently owned by different individuals or entities. This segmentation allows joint ownership without requiring complex contractual agreements, as each portion can be tracked and managed separately through the system.
Solution Approach 2:
The patent creates digital representations or tokens that correspond to specific portions of the tangible asset. These digital copies serve as ownership records, allowing multiple unassociated individuals to hold ownership of different portions without needing complex physical or legal arrangements.
2Ease of operation
If ownership is represented as a percentage of the whole asset, then joint ownership is enabled, but specific sections or components cannot be independently owned or transferred
Solution Approach 1:
The patent segments the asset into specific identifiable portions rather than using generic percentage ownership. This allows owners to transfer specific segments independently without affecting other portions, simplifying the transfer process while maintaining clear ownership boundaries.
Solution Approach 2:
The patent transitions from one-dimensional percentage ownership to a multi-dimensional ownership structure where assets are divided into spatial or categorical portions. This dimensional change enables independent ownership and transfer of specific sections while maintaining overall asset integrity.
3Productivity
If the entire asset must be made available for purchase, then ownership rights are clear, but liquidity and accessibility for partial investors are reduced
Solution Approach 1:
The patent segments the asset into smaller portions that can be purchased independently, allowing investors with smaller capital to participate without needing to invest in the entire asset. This segmentation increases accessibility and productivity of the investment opportunity.
Solution Approach 2:
The patent enables partial ownership through the sale of specific portions rather than requiring full ownership. This partial action approach allows investors to acquire only the amount they can afford while maintaining the option to purchase additional portions later.
Data Source
AI summary
A method, computer program product, and computer system for receiving, via the computing device, a visual representation of a tangible asset. The visual representation of the tangible asset may be divided into a plurality of portions. The plurality of portions of the visual representation of the tangible asset may be provided to at least one computing device for display within a graphical user interface of the at least one computing device. A user selection of at least one portion of the plurality of portions of the visual representation of the tangible asset may be received from the at least one computing device. The at least one selected portion of the visual representation of the tangible asset may be associated with the user.