Live-Streaming Video System with Integrated Payment Scheduling
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Solution Overview
Problem
Current live-streaming videoconferencing systems do not effectively allow individuals with specialized knowledge or experience to monetize their time and expertise during remote sessions with others who wish to benefit from it.
Innovation Solution
A system and method for live-streaming video and audio that includes a mobile audio-visual device connected to a smartphone, enabling users to offer and sell time slots for live videoconferencing sessions, with payment processing integrated into the platform, allowing users to connect and interact remotely.
Engineering Contradictions & Design Principles
Engineering Contradiction Analysis
1Ease of operation
If live-streaming videoconferencing is used to connect remote individuals, then accessibility and convenience are improved, but the ability to monetize specialized knowledge and time is not effectively addressed
Solution Approach 1:
The system combines videoconferencing functionality with monetization capabilities in a single platform. The live-streaming system not only enables remote communication but also integrates payment processing, time slot scheduling, and expertise matching to allow users to monetize their specialized knowledge while maintaining ease of operation.
2Adaptability or versatility
If a system allows individuals to sell time slots for live videoconferencing, then monetization capability is improved, but system complexity increases
Solution Approach 1:
The patent merges multiple functions including videoconferencing, payment processing, scheduling, and user management into a single integrated system. By combining these previously separate systems into one unified platform, the invention enables monetization capabilities without requiring users to manage multiple separate systems, thus controlling overall complexity.
3Ease of operation
If payment processing is integrated into the live-streaming platform, then ease of monetization is improved, but device complexity increases
Solution Approach 1:
The system introduces an intermediary payment processing layer that handles financial transactions between users. This intermediary component manages the complexity of payment processing, currency conversion, and financial security, while presenting a simple interface to users who merely need to set time slots and rates for their expertise.
Data Source
AI summary
Systems, devices, and methods for live-streaming video and audio. A system of live-streaming video and audio to a smartphone includes one or more cameras, microphones, and speakers coupled to a portable article for generating video and audio, a smartphone modified with hardware that controls the one or more cameras, microphones, and speakers, and a non-transitory memory storing an app and instructions on the smartphone. The app operates on the smartphone and accesses the non-transitory memory to provide inputs to the hardware for controlling the one or more cameras, microphones, and speakers to receive, store, and display the video and to receive, store, and broadcast the audio. To schedule a videoconferencing session, the observer selects an available time slot of the user (or vice versa) on the host site and pays the asking price to reserve the time slot.