Implantable Device Neural Signal Cryptocurrency Security
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Solution Overview
Problem
Cryptocurrencies are vulnerable to security risks due to their centralized form, and existing solutions such as cold wallets are inconvenient and prone to loss or theft.
Innovation Solution
An implantable device that senses neural signals to process cryptocurrency-based financial transactions, using sensors to detect intentions and muscular movements, allowing secure transactions without the need for external devices.
Engineering Contradictions & Design Principles
Engineering Contradiction Analysis
1Reliability
If a cold wallet (separate USB device) is used to store cryptocurrencies, then security is improved, but convenience deteriorates because the device needs to be carried around all the time
Solution Approach 1:
The patent merges the cryptocurrency wallet functionality with the implantable medical device by integrating the processor, memory, and cryptographic operations into the existing implantable device architecture. This combination eliminates the need for a separate cold wallet device while maintaining security through the device's isolated environment and neural signal-based authentication.
Solution Approach 2:
The implantable device serves itself by using the user's own neural signals as the authentication mechanism. The device reads neural signals directly from the user's body to verify identity and authorize transactions, eliminating the need for external authentication devices or carriers.
2Reliability
If a cold wallet is used to store cryptocurrencies, then security is improved, but risk of loss or theft increases
Solution Approach 1:
The implantable device uses the user's own neural signals as the authentication mechanism, making it impossible for others to access the cryptocurrency funds. The neural signals are unique to each user and cannot be replicated or stolen, eliminating the risk of theft that exists with portable cold wallets.
Solution Approach 2:
The cryptocurrency wallet functionality is nested within the implantable medical device, which is already implanted in the user's body. This nesting provides an additional layer of security as the device is protected by the user's body and cannot be easily removed or stolen.
3Ease of operation
If neural signals are used for authentication, then convenience is improved, but measurement precision requirements increase
Solution Approach 1:
The patent replaces traditional mechanical or electronic authentication systems with neural signal-based authentication. The processor is configured to read specific neural signals from the user's body that correspond to authorized actions, using the existing sensor array of the implantable device to detect and interpret these neural patterns with sufficient precision.
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
Provides a secure and convenient method for managing cryptocurrencies by eliminating the need to carry separate devices, reducing the risk of loss or theft while ensuring high-security transactions.
Implementation Method 1
The neural signal may include at least one of an electrical signal in the body including an electroencephalogram (EEG) signal and an electromyogram (EMG) signal
Implementation Method 2
The neural signal may include at least one of an electrical signal in the body including an electroencephalogram (EEG) signal and an electromyogram (EMG) signal, or a chemical signal in the body including a hormone and a neurotransmitter
Data Source
AI summary
An method of operating an implantable device includes sensing a neural signal generated in a tissue of a body, recognizing input information to process a cryptocurrency-based financial transaction by analyzing the sensed neural signal, and processing the cryptocurrency-based financial transaction based on the recognized input information.