Non-Fungible Token Management via Sensor-Triggered Ledger Verification
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Solution Overview
Problem
Existing systems fail to securely and efficiently create, track, authenticate, and transfer non-fungible digital assets associated with specific geographic locations or events, lacking robust verification and ownership transfer mechanisms.
Innovation Solution
A system utilizing media devices with sensors to capture and process data, generating tokens on a distributed ledger when the device is within a designated geographic area, allowing for secure tracking and transfer of digital assets by verifying the device's position and associating tokens with users, enabling secure ownership transfer through smart contracts.
Engineering Contradictions & Design Principles
Engineering Contradiction Analysis
1Reliability
If digital assets are made non-fungible with location-based verification, then security and authenticity are improved, but system complexity increases
Solution Approach 1:
The patent introduces a distributed ledger as an intermediary layer between media devices and digital assets. The ledger stores cryptographic hashes of media content and tracks token ownership, mediating the verification process without requiring direct complex interactions between devices. This intermediary structure enhances security while managing system complexity through standardized protocols.
Solution Approach 2:
The patent replaces traditional centralized authentication mechanisms with a decentralized distributed ledger system. Instead of relying on centralized servers to verify asset authenticity, the system uses cryptographic proofs and distributed consensus mechanisms, substituting mechanical verification systems with algorithmic ones that enhance security without proportionally increasing operational complexity.
2Measurement precision
If sensor data verification is implemented for token generation, then authentication accuracy is improved, but processing time increases
Solution Approach 1:
The patent implements preliminary hashing of media content before storing it on the distributed ledger. By pre-computing cryptographic hashes of media files and storing them in advance, the system can quickly verify asset authenticity during token generation without performing time-consuming full-content analysis at the moment of verification, thus maintaining high authentication accuracy while reducing processing time.
3Reliability
If distributed ledger technology is used for asset tracking, then ownership security is improved, but computational requirements increase
Solution Approach 1:
The patent extracts only the essential verification data (cryptographic hashes and token metadata) from the full media content and stores it on the distributed ledger. Instead of storing or processing entire media files on the blockchain, the system separates the immutable verification layer (hashes on ledger) from the mutable content layer (media files stored off-chain), reducing computational requirements while maintaining ownership security through cryptographic proof.
Data Source
AI summary
Systems and techniques are described for situational token-associated media output. A system receives sensor data captured by at least one sensor of a media device. The system identifies, based on the sensor data, a relationship between the media device and an anchor element that is associated with a token. The system identifies the token in a payload of at least one block of a distributed ledger. The token corresponds to media content according to the distributed ledger. The system generates a representation of the media content corresponding to the token. In response to identifying the relationship between the media device and the anchor element, the system outputs the representation of the media content.