Remote Command Broadcasting Across a Network of Trust
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Solution Overview
Problem
Ensuring the legitimacy and user preference in electronic financial transactions, particularly in shared transactions involving multiple parties, is a challenge as existing systems often require separate initiation of transactions by each party, lacking seamless coordination and trust verification.
Innovation Solution
A network of trust is established among user devices using wireless communication to verify identities through blockchain records, enabling seamless coordination and execution of shared transactions, with devices forming a mesh network to broadcast commands and verify transaction legitimacy.
Engineering Contradictions & Design Principles
Engineering Contradiction Analysis
1Reliability
If separate transaction initiation is required for each party in shared transactions, then transaction legitimacy can be verified individually, but coordination complexity and time consumption increase significantly
Solution Approach 1:
The patent implements pre-authorization where the transaction service provider verifies and authorizes the transaction before the actual payment occurs. This preliminary verification step ensures legitimacy is confirmed in advance, allowing the actual transaction to execute seamlessly without real-time coordination delays between multiple parties.
Solution Approach 2:
The patent introduces a transaction service provider as an intermediary that coordinates between multiple parties. This mediator handles the verification, authorization, and coordination of shared transactions, eliminating the need for direct peer-to-peer coordination between users while ensuring transaction legitimacy through centralized verification.
2Adaptability or versatility
If multiple payment methods and parties are involved in shared transactions, then payment flexibility increases, but transaction coordination and verification become more complex
Solution Approach 1:
The patent creates a universal transaction framework that handles multiple payment methods (credit cards, debit cards, digital wallets) and multiple parties through a single standardized interface. The transaction service provider implements a unified authorization mechanism that works across different payment types and party configurations, eliminating the need for separate coordination systems for each scenario.
Solution Approach 2:
The transaction service provider acts as an intermediary that abstracts the complexity of multi-party, multi-method transactions. It receives a single transaction request, internally coordinates with all relevant parties and payment processors, and returns a unified authorization result, shielding users from the underlying coordination complexity.
3Reliability
If traditional transaction systems are used without trust networks, then system simplicity is maintained, but security and legitimacy verification are insufficient
Solution Approach 1:
The patent implements self-service verification where each user device independently verifies the legitimacy of transactions using cryptographic proofs and trust credentials. The device checks whether the transaction is authorized by its owner and whether it aligns with user preferences, enabling security verification without requiring complex centralized trust management infrastructure.
Solution Approach 2:
The transaction service provider serves as a trusted intermediary that issues and verifies cryptographic authorization tokens. It establishes a trust network by digitally signing authorization proofs that user devices can independently verify, providing security enhancement without requiring each device to implement complex trust verification logic.
Data Source
AI summary
A device may include a processor, a wireless transceiver in communication with the processor, and a non-transitory memory. The memory may store instructions that, when executed by the processor, cause the processor to perform processing. The processing may include receiving a command configured to be executed by an external user device. The external user device and the user device may be members of a network of trust. The processing may include detecting, by the wireless transceiver, a plurality of member devices of the network of trust in communication range of the device. The processing may include sending, by the wireless transceiver, the command to each of the plurality of member devices.