Resource Tokenization for Virtual Environment Authentication

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Solution Overview

Problem

There is a need for a secure and efficient method to validate and authenticate resources within virtual environments, particularly during transfers, as existing technologies face challenges in ensuring the authenticity of resources and the identities of entities involved in these transactions.

Innovation Solution

A system utilizing tokenization, where a resource token is generated and stored on a distributed ledger, comprising an ownership identifier and resource identifier, allowing validation against an authorized resource database, and authentication data records are published to verify the authenticity of resources through cryptographic keys.

Engineering Contradictions & Design Principles

VSEngineering Contradiction Analysis

1Reliability

If traditional authentication methods are used to validate resources in virtual environments, then the process is simpler, but security and reliability are insufficient to ensure resource authenticity

Engineering Contradiction:

Improveresource authenticityVSAvoidauthentication system

Core Design Contradiction:

ReliabilityVSDevice complexity

Solution Approach 1:

The patent introduces a distributed ledger as an intermediary between resources and authentication systems. The ledger stores authentication data records that verify resource ownership and authenticity without requiring direct trust between parties. This mediator enables secure authentication while maintaining system reliability.

Inventive Principle:

Principle #24Intermediary (Mediator)

Solution Approach 2:

The authentication system is segmented into distinct components: resource tokens representing ownership, authentication data records stored on the distributed ledger, and verification mechanisms using cryptographic keys. This segmentation allows each component to specialize in specific authentication tasks, improving overall reliability.

Inventive Principle:

Principle #1Segmentation

2Reliability

If cryptographic verification is implemented to ensure secure authentication, then security is improved, but processing time and computational complexity increase

Engineering Contradiction:

Improveauthentication securityVSAvoidverification time

Core Design Contradiction:

ReliabilityVSLoss of time

Solution Approach 1:

Authentication data records are prepared and stored on the distributed ledger in advance, containing pre-computed cryptographic signatures. When verification is needed, the system simply retrieves and validates these pre-prepared records rather than performing complex cryptographic operations in real-time, reducing verification time while maintaining security.

Inventive Principle:

Principle #10Preliminary action

3Reliability

If resource tokenization is implemented on a distributed ledger, then security and authenticity verification are improved, but system complexity and implementation difficulty increase

Engineering Contradiction:

Improveresource validationVSAvoidsystem architecture

Core Design Contradiction:

ReliabilityVSDevice complexity

Solution Approach 1:

The distributed ledger serves multiple functions simultaneously: it stores authentication data records, verifies resource ownership, maintains a history of transactions, and provides a decentralized trust mechanism. This multi-functionality reduces the need for separate specialized systems, making the overall architecture more manageable despite the advanced capabilities provided.

Inventive Principle:

Principle #6Universality (Multi-functionality)

Applied Scientific Principles

This section explains which scientific principles are used to turn an abstract innovation direction into a practical engineering solution.

Function Achieved in This Case

This approach provides a secure and efficient means to validate resources within virtual environments by ensuring the authenticity of resources and entities, preventing unauthorized transactions and ensuring the integrity of resource transfers.

Implementation Method 1

validating the resource identifier by scanning an authorized resource database comprising one or more authorized resource identifiers

Methodology Applied

Scientific EffectDatabase scanning and pattern matching:

Implementation Method 2

verifying the authentication data record by decrypting the authentication data record using a public key associated with a private key associated with the entity

Methodology Applied

Scientific EffectCryptographic decryption:

Data Source

PatentUS20240394390A1System and method for authentication using tokenization of a resource prior to resource allocation

Publication Date: 2024.11.28 BANK OF AMERICA CORP

AI summary

A system is provided for authentication using tokenization of a resource prior to resource allocation. In particular, the system may generate a resource token associated with a target resource to be transferred through a virtual environment. The resource token may be stored on a distributed ledger and may comprise an ownership identifier such as a cryptographic address associated with an entity that has ownership over the resource. The resource token may further comprise a resource identifier associated with the resource. Accordingly, the system may validate the resource identifier against an authorized resource database. If a match is detected, the system may publish an authentication data record to the distributed ledger indicating that the resource is authentic. In this way, the system provides a secure, efficient way to validate resources within a virtual environment.