Distributed Ledger Service Request Aggregation
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Solution Overview
Problem
Existing systems for managing service requests using blockchain face challenges such as single points of failure in oracle-to-distributed ledger transfers and API-to-oracle transfers, leading to potential attacks and economic inefficiencies.
Innovation Solution
A distributed computer system comprising autonomous economic agent (AEA) worker nodes, a primary distributed ledger for aggregating service request information, and a secondary distributed ledger for coordinating information from worker nodes, enabling secure and efficient execution of smart contracts.
Engineering Contradictions & Design Principles
Engineering Contradiction Analysis
1Ease of operation
If a single oracle is used to transfer data to the distributed ledger, then the system is simpler to operate, but the reliability deteriorates due to single points of failure
Solution Approach 1:
The patent divides the single oracle into multiple worker nodes that independently query data sources and submit results to the distributed ledger. This segmentation eliminates the single point of failure while maintaining operational simplicity through standardized node interfaces and consensus mechanisms.
2Reliability
If multiple worker nodes are deployed to eliminate single points of failure, then the reliability improves, but the device complexity increases
Solution Approach 1:
Each worker node is designed as a universal component that can independently perform data querying, validation, and submission to the distributed ledger. The standardized multi-functional design of nodes reduces overall system complexity compared to custom specialized components.
Solution Approach 2:
The system implements feedback mechanisms where worker nodes receive validation results from the distributed ledger and adjust their operations accordingly. This feedback loop automates system coordination and reduces manual configuration complexity.
3Ease of operation
If traditional intermediaries are used to procure services, then the ease of operation improves for service selection, but the loss of time and resources worsens due to unsuccessful services
Solution Approach 1:
The system enables service providers to autonomously register, showcase their capabilities, and receive service requests directly through the distributed ledger. This self-service mechanism eliminates traditional intermediary bottlenecks while maintaining easy service discovery through blockchain-based profiles and ratings.
Solution Approach 2:
The distributed ledger acts as a trustless intermediary that automatically matches service requests with providers based on predefined criteria and historical performance data stored on the blockchain, reducing both time and resource losses compared to traditional intermediaries.
4Ease of operation
If payment is given to service providers upfront, then the ease of operation improves for service initiation, but the loss of resources worsens in case of unsuccessful service delivery
Solution Approach 1:
The system performs preliminary verification of service provider credentials, capabilities, and historical performance on the distributed ledger before service initiation. This preliminary action reduces the risk of unsuccessful service delivery while maintaining easy service initiation through automated validation.
Solution Approach 2:
The distributed ledger provides real-time feedback on service delivery status and automatically handles payment release only upon successful completion, preventing resource loss while maintaining operational simplicity through smart contract automation.
Data Source
AI summary
Disclosed is a distributed computer system that comprises worker nodes, wherein the plurality of worker nodes are worker nodes for fulfilling a service request, the system further comprising a distributed ledger arrangement for aggregating information relating to the service request from the plurality of worker nodes, wherein the system is configured to execute at least one smart contract using the distributed ledger arrangement for aggregation; at least one secondary distributed ledger for coordinating aggregation of information relating to the service request from the plurality of worker nodes that are configured to fulfill at least a part of the service request and provide corresponding information to the distributed computer system for aggregation via the distributed ledger arrangement