Peer-to-Peer Digital Money System Using Mesh Network

Resolve Bottlenecks,
Find Innovative SolutionsGenerate Solutions

Solution Overview

Problem

Current digital money and currency systems face issues such as high costs, security risks, inefficiencies, and environmental concerns due to their reliance on centralized models and inefficient technologies like blockchain.

Innovation Solution

A peer-to-peer digital money system that eliminates the need for centralized servers, using a decentralized mesh network for communication and storage, and incorporating advanced security features like dynamic data encryption to ensure secure and efficient transactions.

Engineering Contradictions & Design Principles

VSEngineering Contradiction Analysis

1Reliability

If centralized servers are used for digital money systems, then security control and transaction management are simplified, but security risks and costs increase

Engineering Contradiction:

ImprovesecurityVSAvoidcentralized server infrastructure

Core Design Contradiction:

ReliabilityVSDevice complexity

Solution Approach 1:

The patent extracts the centralized server component from the digital money system, replacing it with a peer-to-peer mesh network where each node independently maintains the ledger. This eliminates the security risks and costs associated with centralized servers while distributing security control across all participants through cryptographic verification.

Inventive Principle:

Principle #2Taking out (Extraction)

Solution Approach 2:

The patent merges the functions of transaction validation, ledger storage, and security verification into each peer node. Instead of separating these functions into centralized server components, each node performs all functions locally, combining security control and transaction management capabilities distributed across the network.

Inventive Principle:

Principle #5Merging (Combining)

2Reliability

If blockchain technology is used for digital money, then decentralization is achieved, but energy consumption and computational costs increase significantly

Engineering Contradiction:

ImprovedecentralizationVSAvoidenergy consumption

Core Design Contradiction:

ReliabilityVSUse of energy by moving object

Solution Approach 1:

The patent replaces the expensive, energy-intensive blockchain structure with a simpler, lightweight mesh network data structure. Instead of maintaining immutable blockchain blocks that require significant computational power for validation and storage, the system uses efficient peer-to-peer data propagation that consumes minimal energy while achieving the same decentralization goal.

Inventive Principle:

Principle #27Cheap short-living objects (Disposable)

Solution Approach 2:

The patent substitutes the mechanical blockchain consensus mechanism (requiring extensive computational work and energy) with a lightweight cryptographic verification system. The mesh network uses efficient data propagation and validation algorithms that achieve decentralization without the energy-consuming mining or staking processes inherent in blockchain.

Inventive Principle:

Principle #28Mechanics substitution (Replace mechanical system)

3Productivity

If traditional digital money systems are implemented, then transaction processing is standardized, but costs and processing inefficiencies increase

Engineering Contradiction:

Improvetransaction processing efficiencyVSAvoidsystem infrastructure

Core Design Contradiction:

ProductivityVSDevice complexity

Solution Approach 1:

The patent segments the digital money system into independent peer nodes that operate autonomously in a mesh network. Each node processes transactions locally and propagates them through the network, eliminating the need for complex centralized processing infrastructure. This segmentation improves efficiency by distributing the transaction processing load across all participants.

Inventive Principle:

Principle #1Segmentation

Solution Approach 2:

The patent creates a universal mesh network protocol that enables each node to perform multiple functions: transaction initiation, validation, propagation, and ledger maintenance. This multi-functionality eliminates the need for specialized infrastructure components, reducing system complexity while improving transaction processing efficiency through direct peer-to-peer interactions.

Inventive Principle:

Principle #6Universality (Multi-functionality)

Data Source

PatentUS12333507B2Peer-to-peer selectable digital money system

Publication Date: 2025.06.17 XIXVENTURES LLC

AI summary

A peer-to-peer (P2P) digital money system using selectable types of: digital money; digital currency; digital coin; utility token; virtual currency; cryptocurrency; electronic currency, to manage value utilizing: a software process of steps and methods; network teller nodes and teller network validation using: communication networks; encoding of descriptive data fields and properties; value denominations, creating direct personal physical possession and selectable physical embodiment, with automatic or manual financial transactions, performing transaction authorization using: storage systems; distributed mesh storage, creating: a digital commerce system; an aggregator handling system, with a digital minting system and a selectable value influencing system.