Multicurrency Blockchain Platform Decoupled Gateway Architecture

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Solution Overview

Problem

Current systems lack an efficient method for interacting with multiple blockchain networks, requiring developers to implement specific functionality for each blockchain network, which is cumbersome and limits the ability to easily support new blockchain networks or assets.

Innovation Solution

A decoupled system architecture that separates blockchain services from interfaces, allowing for the addition of new modules to support new assets and networks, enabling shared functionality across multiple blockchain implementations and enabling third-party systems to add sub-modules for interacting with new blockchain networks.

Engineering Contradictions & Design Principles

VSEngineering Contradiction Analysis

1Ease of operation

If a centralized system is used to interact with multiple blockchains, then ease of operation is improved, but device complexity increases

Engineering Contradiction:
Improveease of operationVSAvoiddevice complexity
Core Design Contradiction:
Ease of operationVSDevice complexity

Solution Approach 1:

The patent introduces a centralized gateway system that acts as an intermediary between users and multiple blockchain networks. The gateway handles protocol-specific logic, transaction formatting, and network communication, allowing users to interact with multiple blockchains through a unified interface without directly managing the complexity of individual blockchain protocols

Inventive Principle:
Principle #24Intermediary (Mediator)

2Reliability

If specific functionality is implemented for each blockchain network, then reliability is improved, but adaptability deteriorates

Engineering Contradiction:
ImprovereliabilityVSAvoidadaptability
Core Design Contradiction:
ReliabilityVSAdaptability or versatility

Solution Approach 1:

The patent segments the system into modular components: a centralized gateway containing protocol-specific functionality for each blockchain network, and a simple client interface. Each blockchain network receives dedicated handling within the gateway while sharing common infrastructure, allowing reliable network-specific operations without requiring complex client-side implementations for each network

Inventive Principle:
Principle #1Segmentation

Solution Approach 2:

The centralized gateway is designed to handle multiple blockchain networks through a universal interface. The gateway can dynamically adapt to different blockchain protocols and networks, providing reliable network-specific functionality while maintaining a consistent user experience across all supported blockchains

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

3Adaptability or versatility

If a decoupled system architecture is used, then adaptability is improved, but device complexity increases

Engineering Contradiction:
ImproveadaptabilityVSAvoiddevice complexity
Core Design Contradiction:
Adaptability or versatilityVSDevice complexity

Solution Approach 1:

The patent extracts protocol-specific complexity from the client application and concentrates it in a separate centralized gateway. The client is simplified to handle only high-level operations, while the gateway manages the complexity of interacting with different blockchain networks, achieving adaptability without distributing complexity across multiple components

Inventive Principle:
Principle #2Taking out (Extraction)

Data Source

PatentUS11756031B1Multicurrency blockchain platform and method of use
Publication Date: 2023.09.12 COINBASE INC
  • US11756031B1 patent drawing
  • US11756031B1 patent drawing
  • US11756031B1 patent drawing

AI summary

Systems and methods for blockchain services with a multicurrency blockchain platform.