Multi-Layered Blockchain for Digital Asset Bundle Tracking
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Solution Overview
Problem
Current blockchain systems face inefficiencies when handling transactions involving bundles of assets, as they require recording each asset individually, leading to cumbersome processes and difficulties in tracking attribute changes within bundles.
Innovation Solution
Implementing a multi-layered blockchain structure, where individual items are tracked on one blockchain and bundles of items on subsequent layers, using item-level and group-level hash values to maintain separate histories while linking them cryptographically.
Engineering Contradictions & Design Principles
Engineering Contradiction Analysis
1Reliability
If each asset in a bundle is recorded individually on a single blockchain, then data integrity and security are maintained, but the complexity of tracking attribute changes within bundles increases and processing efficiency decreases
Solution Approach 1:
The patent divides the blockchain system into multiple independent layer-1 blockchains, where each blockchain tracks specific assets or bundles of assets. This segmentation allows individual asset tracking while maintaining bundle-level oversight through separate chain structures, reducing the complexity of tracking attribute changes within bundles while preserving data integrity through cryptographic linking.
Solution Approach 2:
The patent introduces a vertical dimension by creating multiple layer-1 blockchains instead of using a single flat blockchain structure. Each layer-1 blockchain operates independently but is cryptographically linked to others, enabling parallel tracking of different asset bundles while maintaining overall system integrity through cross-chain cryptographic references.
2Productivity
If a single blockchain is used to track all assets and bundles, then system simplicity is maintained, but processing speed and efficiency decrease due to the need to record every individual transaction
Solution Approach 1:
The system segments the single blockchain into multiple specialized layer-1 blockchains, each optimized for tracking specific assets or bundles. This segmentation enables parallel processing of transactions across different chains, significantly improving processing efficiency while maintaining system simplicity through standardized cryptographic linking mechanisms between chains.
Solution Approach 2:
The patent creates multiple copies of the blockchain structure (layer-1 blockchains) that can operate independently and in parallel. Each copy handles specific asset tracking, allowing simultaneous processing of multiple transaction types without interfering with each other, thereby improving overall system throughput and efficiency.
3Productivity
If multiple blockchains are used to track individual items and bundles separately, then processing efficiency improves, but the cost of data replication across databases increases
Solution Approach 1:
The patent merges the data representation across multiple layer-1 blockchains through cryptographic hashing and cross-chain references. Instead of duplicating full asset data across all chains, each chain maintains its own data while cryptographic hashes and cross-chain references provide verification across chains, reducing data replication costs while maintaining processing efficiency.
Data Source
AI summary
An item is encrypted to create a unique hash-value for the item. From this hash-value, an item can be uniquely identified. The hash-value for the item is stored in a first blockchain. When the item is included in a transaction, a transaction entry is stored in a block of the first blockchain. When an item participates in a group of items, a group of items is formed. The group of items is encrypted to create a unique hash-value for the group of items. The hash-value for the group of items may be based on hash-values from the items included in the group of items. The hash-value for the group of items is stored in a second blockchain that is distinct from the first blockchain. When the group of items is included in a transaction, a transaction entry is stored in a block of a second blockchain.