Localized Blockchain Mesh Payments to Reduce Event Theft Risk

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Solution Overview

Problem

The use of cash in transactions at events or locations like festivals and arcades increases the risk of theft and skimming by employees, necessitating an alternative payment method that reduces these risks.

Innovation Solution

A localized blockchain utilizing a mesh network is established, where a central authority pre-mines cryptocurrency tokens, which are distributed to nodes within the network, allowing transactions to be conducted using localized cryptocurrency tokens, reducing the need for traditional currency and minimizing theft and skimming risks.

Engineering Contradictions & Design Principles

VSEngineering Contradiction Analysis

1Ease of operation

If cash is used for transactions at events or locations, then transactions can be conducted easily, but the risk of theft and skimming by employees increases

Engineering Contradiction:

Improvetransaction convenienceVSAvoidtheft and skimming risk

Core Design Contradiction:

Ease of operationVSObject-affected harmful factors

Solution Approach 1:

The patent replaces the mechanical cash handling system with an electronic cryptocurrency system. Nodes in the mesh network use electronic devices to store and transfer cryptocurrency tokens, eliminating physical cash. This substitution maintains transaction ease through digital interfaces while removing the security vulnerabilities associated with physical currency handling by employees.

Inventive Principle:

Principle #28Mechanics substitution (Replace mechanical system)

Solution Approach 2:

The patent introduces a decentralized mesh network of nodes as an intermediary between transacting parties. Instead of direct cash handover that can be intercepted by employees, transactions are mediated through the blockchain network where multiple independent nodes verify and record the transaction, making employee skimming impossible.

Inventive Principle:

Principle #24Intermediary (Mediator)

2Reliability

If a localized blockchain mesh network is implemented, then theft and skimming risks are reduced, but system complexity increases

Engineering Contradiction:

Improvesecurity against theft and skimmingVSAvoidblockchain mesh network complexity

Core Design Contradiction:

ReliabilityVSDevice complexity

Solution Approach 1:

The patent divides the blockchain network into localized mesh segments, each operating independently within a specific geographical area or event context. This segmentation reduces overall system complexity by creating manageable, isolated networks rather than requiring a single large-scale blockchain implementation. Each node only needs to communicate with nearby nodes, simplifying the networking requirements.

Inventive Principle:

Principle #1Segmentation

Solution Approach 2:

The patent designs the mesh network nodes to perform multiple functions: storing cryptocurrency tokens, validating transactions, maintaining the blockchain ledger, and communicating with other nodes. This multi-functionality reduces the need for separate specialized components, thereby reducing overall system complexity while maintaining security.

Inventive Principle:

Principle #6Universality (Multi-functionality)

3Adaptability or versatility

If cryptocurrency tokens are pre-mined by a central authority, then transaction control within localized area is improved, but centralization conflicts with decentralized blockchain principles

Engineering Contradiction:

Improvelocalized transaction controlVSAvoidcentralization vs decentralization conflict

Core Design Contradiction:

Adaptability or versatilityVSDevice complexity

Solution Approach 1:

The patent applies local quality by pre-mining cryptocurrency tokens specifically for use within a localized mesh network, rather than creating a global cryptocurrency. The central authority mints tokens that are inherently tied to the specific event or location, and these tokens can only be spent within that localized network. This resolves the contradiction by making the system adaptable to local needs while maintaining decentralized operation within that local context.

Inventive Principle:

Principle #3Local quality

Data Source

PatentUS12406253B2Localized blockchain utilizing mesh networks for localized events

Publication Date: 2025.09.02 CAPITAL ONE SERVICES LLC

AI summary

Techniques for providing a localized blockchain that uses a mesh network to facilitate transactions for a localized event are provided. An electronic device can receive data from a localized mesh network to establish the device as a node on the localized mesh network. The established node can generate a cryptocurrency wallet that can be loaded with an initial amount of localized cryptocurrency tokens from a total amount of localized cryptocurrency tokens. The total amount of localized cryptocurrency tokens can be previously mined by a central authority of the localized mesh network. The established node can conduct transactions within the localized mesh network utilizing the localized cryptocurrency tokens. The established node can receive a portion of a cryptocurrency token for transmitting transactional data to a next nearest node on the localized mesh network to help facilitate a transaction involving other nodes on the network.