NFT-Based Ledger Management for Ownership and Access Control
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Solution Overview
Problem
Existing blockchain systems face challenges in treating ledgers and their data as assets, particularly in managing ownership, value, authenticity, and access control.
Innovation Solution
Utilizing Non-Fungible Tokens (NFTs) to represent and manage target ledgers on a primary ledger, enabling transactions and transactions updates, thereby treating ledgers and their data as assets.
Engineering Contradictions & Design Principles
Engineering Contradiction Analysis
1Adaptability or versatility
If traditional blockchain systems are used to manage ledgers, then data storage and transaction recording are achieved, but ledgers and their data cannot be effectively treated as assets with proper ownership and access control
Solution Approach 1:
The patent introduces NFTs (non-fungible tokens) as an intermediary mechanism to represent and manage ledgers as assets. The NFT serves as a mediator between the ledger system and asset management requirements, enabling ownership, value representation, and access control without fundamentally changing the underlying blockchain architecture. This resolves the contradiction by adding asset-management capability through a specialized intermediary component rather than redesigning the entire system.
Solution Approach 2:
The patent segments the ledger management function by separating the core blockchain data storage from the asset management layer. Ledgers are represented as discrete NFTs that can be individually managed, transferred, and controlled, while the actual ledger data remains stored on the blockchain. This segmentation allows ledgers to be treated as manageable assets without compromising the distributed data storage capability.
2Reliability
If distributed computing architecture is used to manage blockchains, then data security and decentralization are improved, but treating ledgers as assets with ownership and access control becomes difficult
Solution Approach 1:
The NFT acts as an intermediary that bridges the distributed secure storage system with centralized asset management needs. The distributed blockchain maintains security and decentralization for data storage, while the NFT layer provides standardized interfaces for ownership verification, transfer, and access control, making asset management straightforward despite the underlying distributed architecture.
Solution Approach 2:
The patent makes the NFT multi-functional by enabling it to represent various aspects of ledger management: ownership certificates, access control tokens, value storage references, and transaction identifiers. This universal token approach simplifies asset management operations while maintaining the security benefits of the distributed blockchain architecture.
3Stability of the object's composition
If cryptographic hashing is used to link blocks, then data integrity and immutability are ensured, but flexibility in managing and updating ledgers is reduced
Solution Approach 1:
The patent segments the immutable blockchain data from the manageable asset representation. The cryptographic hash chain maintains immutability for stored data, while the NFT layer provides a manageable interface that can be created, transferred, and controlled without altering the underlying immutable ledger data. This allows ledgers to be treated as updatable assets while preserving data integrity.
Solution Approach 2:
The NFT serves as an intermediary that decouples the immutable blockchain from the flexible asset management requirements. The cryptographic hash ensures data immutability on the blockchain, while the NFT layer enables flexible creation, transfer, and management of ledgers as assets without requiring changes to the underlying immutable data structure.
Data Source
AI summary
Techniques include receiving a request to instantiate a layered notarized software architecture and instantiating a plurality of software layers in memory. The techniques further include generating a digital token on a primary ledger representing at least one software layer in the plurality of software layers. The techniques further include instantiating a target ledger associated with the at least one software layer and with the digital token, and instantiating at least one smart contract associated the target ledger and representing the at least one software layer. The techniques further include instantiating at least one data monitoring agent associated with the at least one software layer. The techniques further include enabling recording transactions associated with the at least one software layer via the at least one data monitoring agent.