Multichain Distributed Register for Resource State Tracking
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Solution Overview
Problem
There is a need for a secure and efficient method to track and assess resource state changes in real-time, particularly in scenarios where resources are bundled or packaged, making it difficult to identify potential adverse outcomes.
Innovation Solution
A system utilizing multichain distributed register technology, which includes an index distributed register and resource-specific distributed ledgers, to compute resource analysis scores and trigger real-time alerts based on resource state changes.
Engineering Contradictions & Design Principles
Engineering Contradiction Analysis
1Productivity
If resources are bundled or packaged together, then resource management efficiency is improved, but it becomes difficult to identify and track individual resource state changes
Solution Approach 1:
The patent segments the tracking system into resource-specific distributed ledgers, where each bundled resource has its own dedicated ledger within the package. This allows individual resource state changes to be tracked independently while maintaining the bundled structure, resolving the contradiction between management efficiency and tracking difficulty.
Solution Approach 2:
The patent introduces an intermediary indexing mechanism that maps bundled resource identifiers to their specific ledgers. This intermediary layer enables efficient retrieval and tracking of individual resource states within a bundle without compromising management efficiency, as the index acts as a mediator between the bundled structure and individual tracking requirements.
2Reliability
If real-time tracking of resource state changes is implemented, then adverse outcomes can be identified earlier, but system complexity increases
Solution Approach 1:
The patent implements self-service through automated smart contracts that continuously monitor resource state changes and automatically execute tracking functions. This eliminates the need for complex external monitoring systems, as the ledgers themselves perform the tracking and alerting functions, reducing overall system complexity while maintaining real-time detection capability.
Solution Approach 2:
The patent employs feedback mechanisms where resource state changes automatically trigger alerts and notifications to relevant parties. This continuous feedback loop enables early identification of adverse outcomes without requiring complex manual monitoring systems, as the system self-regulates and communicates state changes through predefined feedback channels.
3Reliability
If distributed ledger technology is used for each resource, then data security is improved, but computational overhead increases
Solution Approach 1:
The patent merges multiple resource-specific distributed ledgers into a unified package structure, where shared data and computational resources are consolidated. This combining approach maintains the security benefits of distributed ledgers for each resource while reducing overall computational overhead through shared infrastructure and centralized package-level operations.
Data Source
AI summary
A system is provided for computing and tracking resource state changes using a multichain distributed register technology. In particular, the system may comprise an index distributed register that may be stored across a plurality of distributed register nodes. The index distributed register may comprise one or more resource-specific data records that may in turn make up a resource-specific distributed register originating from the index distributed register. The resource-specific distributed register may comprise an initial data record that defines the attributes of the resource, and one or more subsequent data records that may be linked with the initial data record to reflect changes in the state of the resource to be tracked. Based on the data within each of the resource-specific distributed register, the system may compute resource analysis scores and/or trigger real-time user alerts.