Local Digital Token Transfer via Intermediary Device
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Solution Overview
Problem
Existing digital transaction processing systems face challenges when devices have communication limitations, such as incompatible protocols, battery power issues, or lack of necessary hardware, preventing effective token exchange and transaction processing between devices.
Innovation Solution
A method and system that utilize a third device, like a token device, to facilitate digital token transfer between two devices with communication limitations, allowing for token storage and retrieval using short-range wireless protocols like NFC, Bluetooth, or RFID, enabling transactions even when direct communication is not possible.
Engineering Contradictions & Design Principles
Engineering Contradiction Analysis
1Productivity
If direct communication between two devices is used for token exchange, then transaction processing speed is improved, but device compatibility and communication reliability deteriorate when devices have limitations
Solution Approach 1:
The patent introduces a third device as an intermediary to facilitate token transfer between two devices that cannot communicate directly. The first device transfers the token to the third device, which then transfers it to the second device, enabling transactions despite communication limitations or incompatibilities between the original devices.
2Reliability
If a third device is used to facilitate token transfer, then device compatibility and transaction reliability are improved, but system complexity increases
Solution Approach 1:
The third device autonomously performs the token transfer operation without requiring complex coordination or control mechanisms. The device independently receives the token from the first device and transfers it to the second device, simplifying the overall system architecture despite involving an additional component.
3Adaptability or versatility
If token exchange requires direct device communication, then communication protocol requirements are reduced, but adaptability to different device configurations deteriorates
Solution Approach 1:
The third device serves multiple functions: receiving tokens from various device types using different communication protocols, storing tokens temporarily, and transmitting tokens to different destination devices. This universal capability allows the system to adapt to diverse device configurations without requiring each device pair to have direct protocol compatibility.
Data Source
AI summary
There are provided systems and methods for local digital token transfer during device communication limitations. A first computing device of a first user may include applications and data necessary to generate and/or transmit a data token to a second device to provide particular data to the second device, including a token used for electronic transaction processing. The first device may be unable to communicate with the second device in particular instances, for example, if the first device becomes non-operational due to battery power, location specific requirements, or other operation issue. Thus, the first device may store the token locally or to a nearby associated device, such as a keyfob device or other transceiver. The token may then be available to a third device when the first device is limited from communications, which may be used to communicate the token to the second device.