Multi-Mode Payment Control With Crypto Validation Feedback

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Solution Overview

Problem

Users often need to carry multiple payment devices (debit, credit, and cryptocurrency) for different transactions, and conventional systems do not provide real-time environmental impact analysis of purchases, leading to inefficient and uninformed decision-making.

Innovation Solution

A multi-functionality payment device with selectable debit, credit, and cryptocurrency options, integrated with machine learning for real-time environmental impact analysis and blockchain validation, providing recommendations based on transaction data.

Engineering Contradictions & Design Principles

VSEngineering Contradiction Analysis

1Adaptability or versatility

If users carry multiple payment devices (debit card, credit card, cryptocurrency device) to support different transaction types, then payment versatility is improved, but device complexity and user burden increase

Engineering Contradiction:

Improvepayment versatilityVSAvoidnumber of payment devices

Core Design Contradiction:

Adaptability or versatilityVSDevice complexity

Solution Approach 1:

The patent combines multiple payment functionalities (debit card, credit card, cryptocurrency processing) into a single multi-function payment device. The device includes multiple selectable options that allow users to switch between different payment modes, eliminating the need to carry multiple separate payment devices while maintaining full payment versatility.

Inventive Principle:

Principle #5Merging (Combining)

Solution Approach 2:

The payment device is designed with universal functionality to handle various transaction types through a single device. It includes debit option, credit option, and cryptocurrency option, allowing one device to perform multiple payment functions that previously required separate devices.

Inventive Principle:

Principle #6Universality (Multi-functionality)

2Loss of information

If conventional payment systems are used without environmental impact analysis, then transaction processing simplicity is maintained, but information completeness for informed decision-making deteriorates

Engineering Contradiction:

Improveenvironmental impact informationVSAvoidsystem complexity

Core Design Contradiction:

Loss of informationVSDevice complexity

Solution Approach 1:

The system incorporates environmental impact analysis that provides feedback to users about the environmental consequences of their transactions. The machine learning model evaluates transaction data and generates environmental impact scores, which are then communicated back to users to inform their payment decisions.

Inventive Principle:

Principle #23Feedback

Solution Approach 2:

The system performs environmental impact analysis in advance of the user's decision-making process. The machine learning model pre-evaluates potential transactions based on historical data and transaction patterns, preparing environmental impact information before the user needs to make a payment decision.

Inventive Principle:

Principle #10Preliminary action

3Adaptability or versatility

If cryptocurrency transaction processing is added to conventional payment devices, then payment versatility is improved, but operational complexity and user difficulty increase

Engineering Contradiction:

Improvecryptocurrency processing capabilityVSAvoiduser familiarity and operation simplicity

Core Design Contradiction:

Adaptability or versatilityVSEase of operation

Solution Approach 1:

The system acts as an intermediary between the user and the complex cryptocurrency processing infrastructure. The multi-function payment device handles the complexity of cryptocurrency transactions internally, presenting a simplified interface to users that resembles conventional payment methods while managing blockchain validation and cryptocurrency processing in the background.

Inventive Principle:

Principle #24Intermediary (Mediator)

Data Source

PatentUS20250356333A1Multi-Function Device Having Dynamic Toggle Capabilities

Publication Date: 2025.11.20 BANK OF AMERICA CORP

AI summary

Arrangements for providing multi-functionality device control functions are provided. In some aspects, a request for transaction may be received by a computing platform. The request may include transaction details including selection of a mode of processing, received from a payment device. The computing platform may determine whether the selected mode of payment is crypto currency. If so, the transaction details may be transmitted to a peer-to-peer network for validation of the transaction. If the transaction is validated, a new block, corresponding to the validated transaction, may be generated and added to a blockchain and the transaction may be processed. In some examples, additional details of the transaction may be received and the additional details and the transaction details may be input to a machine learning model. Upon execution of the model, an environmental impact score associated with the transaction and a recommendation may be determined and transmitted to the user.