Large Bet Authentication Using Threshold-Based Reconfirmation
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Solution Overview
Problem
Current wagering platforms lack a system to authenticate large bets, fail to set user preferences for reconfirmation of large wagers, and do not prompt users to identify themselves when placing large bets quickly.
Innovation Solution
Implement a system with a settings module to set user preferences for wager thresholds and authentication methods, including biometric measures, to authenticate large bets and prompt reconfirmation.
Engineering Contradictions & Design Principles
Engineering Contradiction Analysis
1Reliability
If the system requires authentication for large bets, then wagering security is improved, but wagering speed deteriorates
Solution Approach 1:
The system performs preliminary actions by setting user preferences, wager thresholds, and authentication methods in advance through the settings module. This preparation allows the system to quickly determine whether authentication is needed without delaying the wagering process, as the criteria are already established before the actual wagering occurs.
Solution Approach 2:
The system changes parameters dynamically by adjusting authentication requirements based on the wager amount relative to predefined thresholds. Different authentication methods and levels are applied depending on whether the wager exceeds the threshold, allowing the system to maintain security for large bets while enabling faster processing for smaller wagers that don't require additional verification.
2Reliability
If the system prompts for reconfirmation of large bets, then wagering control is improved, but user convenience deteriorates
Solution Approach 1:
The reconfirmation process is made dynamic and adaptive rather than static and uniform. The system adjusts the reconfirmation requirements based on user preferences, wager amounts, and threshold comparisons. This dynamic approach allows the system to provide control when necessary while avoiding unnecessary reconfirmation steps that would reduce convenience, creating a flexible balance between the two competing requirements.
3Reliability
If the system implements biometric authentication, then authentication reliability is improved, but device complexity deteriorates
Solution Approach 1:
The system achieves multi-functionality by implementing a unified authentication framework that can handle multiple authentication methods (biometric, password, PIN) through a single settings module and threshold comparison mechanism. This universal approach allows the system to provide reliable biometric authentication when needed while maintaining simplicity through a single, integrated interface for managing all authentication types, rather than requiring separate complex systems for each method.
Data Source
AI summary
A system that allows a user to set threshold preferences for wager limits and the amount of time a wager is placed to allow the user to authenticate or identify themselves when the thresholds are exceeded to reconfirm that the user wishes to place a wager. The system compares the wagers placed by the user to thresholds inputted by the user. If the wager parameters exceed the inputted thresholds, the wagering network reconfirms the wager with the user by requesting a means of authentication to ensure that it is the user placing the wager and determining if the user wants to place the wager and that it was not placed in error.