Predictive Resource Transfer Optimization System

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Solution Overview

Problem

There is a need for an efficient method to optimize resource transfers between users and authorized third parties, as existing systems lack the ability to predict and implement the most efficient format for resource conversions, leading to potential resource wastage.

Innovation Solution

A system that continuously monitors historical resource transfer data to generate a resource optimization report, comparing resource transfers in different formats and projecting future efficiency, which is then displayed on a graphical interface to help third parties select the most efficient format for future transfers.

Engineering Contradictions & Design Principles

VSEngineering Contradiction Analysis

1Productivity

If resource transfers are performed without predictive optimization analysis, then the system operates simply, but resource efficiency deteriorates and resource wastage occurs

Engineering Contradiction:
Improveresource efficiencyVSAvoidsystem complexity
Core Design Contradiction:
ProductivityVSDevice complexity

Solution Approach 1:

The system performs predictive optimization analysis before executing resource transfers to determine the most efficient format in advance. Historical data is analyzed to forecast future transfer efficiency, allowing the system to pre-select optimal formats before actual transfers occur, thereby improving resource efficiency without increasing operational complexity during transfer execution.

Inventive Principle:
Principle #10Preliminary action

Solution Approach 2:

The system continuously monitors executed resource transfers to generate historical data, which is then fed back into the predictive optimization model. This feedback loop allows the system to learn from actual performance and refine its predictions, improving resource efficiency over time while maintaining manageable system complexity through iterative optimization.

Inventive Principle:
Principle #23Feedback

2Reliability

If historical resource transfer data is continuously monitored and analyzed, then future transfer efficiency improves, but data processing requirements and system complexity increase

Engineering Contradiction:
Improvetransfer efficiencyVSAvoiddata processing complexity
Core Design Contradiction:
ReliabilityVSDevice complexity

Solution Approach 1:

The system automatically monitors, stores, and analyzes its own historical transfer data without external intervention. The predictive optimization module self-updates using newly acquired data, enabling the system to improve its own efficiency autonomously. This self-service approach improves transfer reliability while containing data processing complexity within the system's own operational framework.

Inventive Principle:
Principle #25Self-service

3Loss of energy

If resource transfer formats are not optimized based on historical data, then the system is easier to operate, but resource wastage increases

Engineering Contradiction:
Improveresource wastageVSAvoidoperational simplicity
Core Design Contradiction:
Loss of energyVSEase of operation

Solution Approach 1:

The system replaces manual or heuristic decision-making about resource transfer formats with an automated predictive optimization model. The model uses historical data to automatically determine optimal formats, eliminating resource wastage associated with suboptimal choices while maintaining ease of operation through automated decision-making rather than complex manual processes.

Inventive Principle:
Principle #28Mechanics substitution (Replace mechanical system)

Data Source

PatentUS11663042B2System for generating electronic alerts through predictive optimization analysis of resource conversions
Publication Date: 2023.05.30 BANK OF AMERICA CORP
  • US11663042B2 patent drawing
  • US11663042B2 patent drawing

AI summary

A system generates electronic alerts through predictive analysis of resource conversions. The system may continuously monitor executed resource transfers to generate historical resource transfer data. Based on the historical resource transfer data, the system may generate a predicted outcome of executing transfers of resources in a first format compared to transfers of resources in a second format. The predicted outcome may then be implemented by the system to select a resource format for transfers occurring in the future and/or at specified intervals.