ML Contract Generation for Secure P2P Resource Transfers

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Solution Overview

Problem

Peer-to-peer resource transfer systems lack reliable tools for secure tracking and confirmation of resource delivery, leading to increased potential for misappropriation due to the ease and speed of interactions.

Innovation Solution

A machine learning-derived contract generation system that uses historical and streaming interaction data to create customizable resource transfer contracts with event-based tracking, incorporating exposure scoring and security measures to prevent misappropriation, and includes a natural language processing module for identifying keywords associated with misappropriation interactions.

Engineering Contradictions & Design Principles

VSEngineering Contradiction Analysis

1Productivity

If peer-to-peer resource transfers are enabled with ease and speed, then productivity is improved, but reliability deteriorates due to increased potential for misappropriation

Engineering Contradiction:
Improvetransfer speedVSAvoidsecurity
Core Design Contradiction:
ProductivityVSReliability

Solution Approach 1:

The system performs preliminary actions by generating exposure scores and identifying misappropriation risks before the resource transfer occurs. The machine learning engine analyzes historical and streaming data to predict potential misappropriation, allowing preventive measures to be taken in advance while maintaining transfer speed.

Inventive Principle:
Principle #10Preliminary action

Solution Approach 2:

The system implements continuous feedback loops where streaming interaction data is constantly monitored and fed back into the machine learning engine. This real-time feedback mechanism adjusts exposure scores dynamically during the transfer process, enabling rapid response to potential threats without interrupting the overall transfer productivity.

Inventive Principle:
Principle #23Feedback

2Reliability

If customizable contracts with event-based tracking are implemented, then reliability is improved through enhanced security, but device complexity increases

Engineering Contradiction:
ImprovesecurityVSAvoidsystem complexity
Core Design Contradiction:
ReliabilityVSDevice complexity

Solution Approach 1:

The machine learning engine serves multiple functions simultaneously: it generates exposure scores, identifies misappropriation risks, analyzes interaction patterns, and informs contract customization. This multi-functionality consolidates complex security operations into a single system component, reducing overall device complexity while maintaining enhanced security through customizable contracts.

Inventive Principle:
Principle #6Universality (Multi-functionality)

3Reliability

If machine learning analysis of historical and streaming data is performed, then reliability is improved through better misappropriation detection, but use of energy increases

Engineering Contradiction:
Improvedetection accuracyVSAvoidcomputational energy
Core Design Contradiction:
ReliabilityVSUse of energy by moving object

Solution Approach 1:

The system applies partial action by focusing machine learning analysis only on relevant features and patterns that indicate misappropriation risk. Rather than analyzing all possible data points equally, the system identifies and processes only the critical subset of historical and streaming data, reducing computational energy consumption while maintaining high detection accuracy through targeted analysis.

Inventive Principle:
Principle #16Partial or excessive action

Data Source

PatentUS11777990B2Machine learning-based event analysis for customized contract generation and negotiation in enhanced security peer-to-peer interaction applications
Publication Date: 2023.10.03 BANK OF AMERICA CORP
  • US11777990B2 patent drawing
  • US11777990B2 patent drawing
  • US11777990B2 patent drawing

AI summary

A system for machine learning-derived contract generation is provided. The system comprises: a machine learning engine and a controller configured to: input historical and streaming interaction data into the machine learning engine, wherein the machine learning engine is trained by the historical and streaming interaction data; determine one or more machine learning-derived interaction patterns for a resource transfer between the first user device and the second user device, wherein the one or more machine learning-derived interaction patterns comprise calculated exposure levels for one or more events for completing the resource transfer; based on the machine learning-derived interaction patterns, generate the resource transfer contract for transferring a resource from the first user device to the second user device, wherein the resource transfer contract comprises a sequential flow of the one or more events; and distribute the resource transfer contract to the first user device and the second user device.