Entangled Token Structure for Blockchain Interoperability
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Solution Overview
Problem
Current blockchain networks face challenges in efficiently sharing and managing token information across different networks, leading to siloed ecosystems and increased computational resource costs due to the lack of standardized classification and interoperability of tokens, which undermines decentralization and increases query burdens.
Innovation Solution
The implementation of an entangled token structure, where a token connection object (TCO) is created and managed outside the blockchain network, allowing for secure and efficient sharing of token-related details with external parties while preserving token integrity, using a token state modulator that generates and updates TCOs based on requestor permissions and token state changes.
Engineering Contradictions & Design Principles
Engineering Contradiction Analysis
1Adaptability or versatility
If token information is shared across blockchain networks without standardized classification, then interoperability is improved, but computational resource costs increase
Solution Approach 1:
The patent segments token information into standardized classification categories (e.g., payment tokens, utility tokens, asset tokens) with defined attributes. This segmentation allows networks to efficiently query and share only relevant token types and their specific attributes, reducing computational overhead while improving interoperability across different blockchain networks.
Solution Approach 2:
The patent introduces standardized parameters and attributes for token classification (e.g., token type, issuer, total supply, circulating supply). By changing the parameter structure to a standardized format, different blockchain networks can efficiently exchange and interpret token information without excessive computational processing, thus reducing resource costs while enhancing interoperability.
2Loss of information
If all token information is retrieved and shared with external parties, then data provisioning is improved, but token integrity and security deteriorate
Solution Approach 1:
The patent extracts only the necessary and safe subset of token information (standardized attributes like token type, issuer, supply details) from the complete token data stored on the blockchain. This extracted information is then shared with external parties through the TCO, ensuring data provisioning is improved while token integrity and security are maintained by not exposing sensitive or complete token data.
Solution Approach 2:
The patent introduces a Token Connection Object (TCO) as an intermediary layer between the blockchain network and external parties. The TCO holds and manages a subset of token information, acting as a mediator that provides data provisioning to external systems without directly exposing or compromising the integrity of the original token data stored on the blockchain.
3Measurement precision
If token information is accessed directly from the blockchain network, then measurement precision is improved, but query burdens and network load increase
Solution Approach 1:
The patent performs preliminary actions by pre-classifying and organizing token information into standardized categories and attributes before external queries are made. The TCO is pre-populated with relevant token data, so when external parties request information, they receive pre-processed, accurately classified data without burdening the blockchain network with complex queries, thus maintaining measurement precision while reducing query burden.
Data Source
AI summary
A node in a blockchain network may receive a request for information regarding a token, retrieve token information regarding the token from the blockchain network, generate based on the token information, a token connection object (TCO) for the token, wherein the TCO includes a subset of the token information, and send the TCO to a requestor.