Secure Identifier Integration for Anonymous Asset Token Trading
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Solution Overview
Problem
Existing platforms for trading real assets, such as real estate, are inefficient and require significant initial and ongoing financial investments, compliance with securities regulations, and lack mechanisms for anonymous trading and efficient capitalization table management.
Innovation Solution
A transaction platform with semi-redundant ledgers that synchronize automatically, allowing for the creation and trading of cryptographic tokens representing real assets, maintaining a public record on a blockchain without disclosing personally identifiable information and facilitating anonymous trading and automated capitalization table updates.
Engineering Contradictions & Design Principles
Engineering Contradiction Analysis
1Productivity
If cryptographic tokens are created to represent real assets and enable anonymous trading, then trading efficiency and accessibility are improved, but compliance with securities regulations and investor protection become more difficult to ensure
Solution Approach 1:
The patent introduces a dual-ledger system where a public blockchain ledger and a private counterparty ledger work together as intermediaries. The public ledger provides transparent, immutable records for compliance verification, while the private ledger enables anonymous trading by storing sensitive information separately. This intermediary structure reconciles the conflict between anonymity and regulatory compliance.
Solution Approach 2:
The system segments information storage and processing into two distinct ledgers: a public blockchain ledger for transparent transaction records and a private counterparty ledger for sensitive information. This segmentation allows different portions of the system to serve different functions - public verification for compliance and private storage for anonymity - simultaneously resolving the contradiction.
2Loss of information
If a public blockchain ledger is used to record transactions, then transparency and immutability are improved, but disclosure of personally identifiable information occurs
Solution Approach 1:
The patent divides the ledger system into two segments: a public blockchain ledger that records transaction hashes and immutable proof of transactions, and a private counterparty ledger that stores personally identifiable information. This segmentation ensures that transaction transparency is maintained on the public ledger while privacy is protected on the private ledger.
Solution Approach 2:
The system extracts personally identifiable information from the public blockchain ledger and stores it separately in the private counterparty ledger. Only cryptographic hashes and transaction proofs remain on the public ledger, eliminating privacy disclosure while maintaining transaction transparency and immutability.
3Reliability
If manual capitalization table management is used, then security and control are maintained, but efficiency and automation are reduced
Solution Approach 1:
The patent implements automated capitalization table management where the system itself maintains and updates the capitalization table based on blockchain transactions. The smart contracts automatically track ownership changes, token distributions, and investor information, eliminating manual intervention while maintaining security through cryptographic verification. This self-service approach simultaneously improves efficiency and maintains reliability.
Solution Approach 2:
The system establishes feedback loops where blockchain transactions automatically trigger capitalization table updates. Each transaction on the blockchain provides feedback that is immediately processed to update the capitalization table, ensuring real-time accuracy without manual intervention. This automated feedback mechanism maintains security while dramatically improving management efficiency.
Data Source
AI summary
In certain aspects of the disclosure, a computer-implemented method includes creating a wallet for asset tokens and creating an account for a first user upon completion of user onboarding validation. The method includes associating the account with one of an individual and a business entity. The method includes initiating one of know-your-customer (KYC) for the individual and know-your-business (KYB) for the business entity. The method includes enabling the first user to access and make transactions using the wallet.