Hub Access Interface for Electronic Transaction Management

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Solution Overview

Problem

Current electronic transaction systems, especially for complex assets like real estate, face issues with transparency, efficiency, and manual processes, leading to delays and errors due to the lack of viable online facilities for larger value transactions and legal formalities.

Innovation Solution

A hub access interface integrated on an agent website, hosted on a hub server, which manages interactions between users and agents by receiving inputs, providing confirmation modes, uploading/downloading documents, and facilitating electronic payments, while being switchable between different operational modes to suit various transaction types.

Engineering Contradictions & Design Principles

VSEngineering Contradiction Analysis

1Productivity

If a central hub system is implemented to manage electronic transactions, then transparency and efficiency are improved, but system complexity increases

Engineering Contradiction:
Improvetransaction efficiencyVSAvoidsystem complexity
Core Design Contradiction:
ProductivityVSDevice complexity

Solution Approach 1:

The patent implements a hub server as an intermediary component that mediates between user devices and agent servers. The hub access interface on the agent website communicates with the hub server, which centralizes transaction management, document storage, and interaction tracking. This intermediary architecture improves transaction efficiency and transparency while managing system complexity through modular design.

Inventive Principle:
Principle #24Intermediary (Mediator)

2Loss of information

If multiple user interactions are tracked and confirmed, then transparency is improved, but information security risks increase

Engineering Contradiction:
Improvetransparency of interactionVSAvoidinformation security risks
Core Design Contradiction:
Loss of informationVSObject-affected harmful factors

Solution Approach 1:

The hub access interface implements feedback mechanisms that provide users with confirmation of their own inputs and visibility of other users' inputs. The system tracks interactions centrally in the hub server and provides appropriate feedback to users, enhancing transparency. Security is maintained through controlled information disclosure where users see relevant transaction data without exposing sensitive personal information.

Inventive Principle:
Principle #23Feedback

3Loss of information

If confirmation of other users' inputs is provided, then transparency is improved, but user privacy is compromised

Engineering Contradiction:
Improvetransparency of interactionVSAvoiduser privacy
Core Design Contradiction:
Loss of informationVSReliability

Solution Approach 1:

The patent applies local quality by providing different levels of information visibility to different users based on their role and permissions. The hub access interface displays other users' inputs to enhance transparency for transaction tracking, while selectively masking or protecting sensitive personal information. This localized information disclosure maintains privacy reliability while achieving transaction transparency.

Inventive Principle:
Principle #3Local quality

Data Source

PatentEP3786876A1System for management of electronic transactions
Publication Date: 2021.03.03 OFFR LTD
  • EP3786876A1 patent drawingFigure 1~2
  • EP3786876A1 patent drawingFigure 3A~3B
  • EP3786876A1 patent drawingFigure 4

AI summary

A hub access interface is provided for integration on an agent website hosted on an agent server, the hub access interface hosted on a hub server; the hub access interface configured to: receive a first input from a first user for forwarding to the hub server; receive a second input from a second user for forwarding to the hub server; wherein the hub access interface is switchable between at least a first mode and a second mode wherein in the first mode the interface is configured to: provide confirmation to the first user of the second input from the second user; and wherein in the second mode the interface is configured to: provide no confirmation to the first user of the second input from the second user.