Smart Contact Lens Wireless Transaction Authentication
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Solution Overview
Problem
Existing payment systems require physical contact or manual entry of cards and PINs, making transactions inefficient and vulnerable to theft, with a need for a secure, contactless, and biometric authentication method.
Innovation Solution
A smart contact lens with embedded circuitry for wireless communication, sensors, and energy storage, enabling contactless financial transactions using biometric iris scans and encrypted data storage, allowing users to authenticate and authorize transactions without physical cards.
Engineering Contradictions & Design Principles
Engineering Contradiction Analysis
1Productivity
If physical contact card systems are used, then device complexity is reduced, but transaction efficiency and user convenience deteriorate due to manual entry requirements and queue waiting
Solution Approach 1:
The patent replaces mechanical contact-based card insertion and manual PIN entry with a contactless wireless communication system. The smart contact lens uses optical or electromagnetic fields to transmit authentication data to the terminal device, eliminating the need for physical card contact and manual keyboard input, thereby significantly improving transaction efficiency
Solution Approach 2:
The smart contact lens autonomously performs authentication functions without requiring manual user intervention. The lens automatically captures biometric data (such as iris patterns), processes authentication information, and transmits it wirelessly to the terminal device, enabling the system to serve itself and the user simultaneously
2Ease of operation
If contactless RF or infrared technology is used, then ease of operation is improved, but security deteriorates because PIN entry is still required and biometric verification is absent
Solution Approach 1:
The smart contact lens performs biometric authentication (such as iris scanning) in advance before the transaction occurs. The authentication data is pre-verified and stored securely in the lens, so that when a transaction is initiated, the system already has confirmed authorization, eliminating the need for subsequent PIN entry and ensuring security from the outset
Solution Approach 2:
The patent introduces biometric data (such as iris patterns) as an intermediary authentication mechanism between the user and the transaction system. This biometric identifier serves as a unique mediator that verifies the user's identity without requiring manual PIN input, thereby maintaining ease of operation while significantly enhancing security
3Reliability
If biometric data identification is implemented, then transaction security is improved, but device complexity increases due to additional sensors and processing requirements
Solution Approach 1:
The smart contact lens integrates multiple functions into a single device: it serves as both a corrective/contact lens and an authentication device. The same optical structure that enables the lens to function on the eye also facilitates biometric data capture (such as iris scanning), eliminating the need for separate dedicated biometric devices and reducing overall system complexity
Solution Approach 2:
The patent merges the biometric sensing capability directly into the contact lens structure. The lens combines the corrective optical elements with biometric data capture sensors, wireless communication modules, and power management systems into a single integrated unit, thereby achieving high security functionality without proportionally increasing device complexity
4Ease of operation
If smart cards with stored balance are used, then purchasing power is maintained, but ease of operation deteriorates due to PIN requirements and physical card handling
Solution Approach 1:
The patent replaces the mechanical card-swiping or card-insertion process with contactless wireless communication. The smart contact lens transmits authentication and transaction data through optical or electromagnetic fields, eliminating the need for physical card handling and manual PIN entry, thereby dramatically reducing transaction time and simplifying the user experience
Data Source
AI summary
The present invention relates generally to the field of wearable devices and transaction banking and more particularly to a smart wearable contact lens (4) based wireless (3) transaction system and method thereof which has capability to works at both point of sale (PoS) system (2) and/or at automated teller machine (ATM) (1) centers for our purchases as well as for ATM transactions. Accordingly, an aspect of the present invention is to a smart wearable contact lens having encapsulated circuitry (304) for wireless communication like NFC, WiFi (Wireless Fidelity), Bluetooth, RFID and other short-range wireless communication technologies, VLSI chip, sensors like iris scanner and transceiver which is embedded in the smart wearable contact lens to initiate/perform at least one transaction.