Global Resource Locator Tag With Blockchain Asset Tracking
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Solution Overview
Problem
Current methods for tracking and authenticating the location and identity of assets are inefficient, unreliable, and lack the ability to self-locate indoors, particularly in the context of IoT devices, leading to security vulnerabilities and challenges in verifying the authenticity of transactions.
Innovation Solution
A Definable Blockchain in a Chip technology integrated with a miniature atomic clock and radio receiver, enabling precise location tracking and authentication through a GRL Device that affixes to assets, providing a secure, low-cost, and high-volume chip design for consumer-packaged goods, with NFC, Bluetooth Low Energy, Wi-Fi, and WAN communication capabilities, and supports authenticated transactions via a Definable Blockchain data format.
Engineering Contradictions & Design Principles
Engineering Contradiction Analysis
1Reliability
If RFID tags are used for tracking assets, then automatic identification and tracking is enabled, but the tracking range is limited to close proximity communications within a building or home
Solution Approach 1:
The patent combines RFID technology with blockchain and location-based services to create a hybrid system. The RFID tag provides close-proximity identification while blockchain stores authentication data and location services extend the tracking range beyond building boundaries, resolving the contradiction between reliable close-range tracking and broader adaptability.
Solution Approach 2:
The system makes the tracking device universal by integrating multiple functions: RFID for close-range identification, blockchain for secure authentication and data storage, and location services for extended range tracking. This multi-functional approach allows the same system to operate effectively both within buildings and across broader geographic areas.
2Adaptability or versatility
If Smartphones are used for geo-location tracking, then location capability is available, but the system is not secure or reliable for tracking assets other than the Smartphone itself
Solution Approach 1:
The patent introduces blockchain as an intermediary layer between the smartphone's location capabilities and the asset tracking function. The blockchain securely stores authentication data and transaction records, acting as a trusted mediator that enables reliable asset tracking while maintaining the versatility of location-based services.
Solution Approach 2:
The system implements self-service through automated blockchain validation and authentication mechanisms. The tracking system automatically verifies asset identity and location data through blockchain smart contracts, eliminating the need for manual security verification and ensuring reliable tracking without requiring the asset itself to be a smartphone.
3Reliability
If passports and security badges are used for access control, then identity verification is enabled, but the ability to ascertain location and contact history within defined boundaries is difficult
Solution Approach 1:
The system performs preliminary action by pre-registering identity information, location data, and contact history in the blockchain before the asset enters the tracking zone. This advance preparation enables automatic verification and continuous tracking without requiring real-time data collection, preventing information loss while maintaining secure identity verification.
Solution Approach 2:
The system implements feedback mechanisms where the blockchain continuously updates and records location and contact history data as the asset moves within defined boundaries. This real-time feedback loop ensures that location and contact information is captured and stored, preventing the loss of such data while maintaining reliable identity verification throughout the tracking period.
Applied Scientific Principles
This section explains which scientific principles are used to turn an abstract innovation direction into a practical engineering solution.
Function Achieved in This Case
Enables highly accurate indoor and outdoor location tracking, secure authentication, and efficient transaction verification, reducing the risk of counterfeiting and enhancing the trustworthiness of IoT devices by providing a robust, globally-accepted secure platform for digital validation of physical objects.
Implementation Method 1
A Definable Blockchain in a Chip technology integrated with a miniature atomic clock and radio receiver, enabling precise location tracking and authentication
Implementation Method 2
receive respective transmissions from the multiple reference locations; determine a physical location of the first GRL Device based upon the respective transmissions received
Data Source
AI summary
The present disclosure relates to a global resource locator tag and methods of using the same. A semiconductor chip can include a processor and a micro sized timing device. The semiconductor chip can generate a timing signal. The global resource locator tag can include a blockchain and a memory in logical communication with the processor. The processor can determine a cryptographic hash of a previous block of events in the blockchain and determine a respective inventory status of nearby labels. A data set may be compiled with the respective inventory status of nearby labels and a cryptographic hash of a previous block.