Smart-Contract Access Control for Time-Limited Digital Resources

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Solution Overview

Problem

There is a need for an efficient way to control access and transfer of digital resources within a network to prevent misuse.

Innovation Solution

A system generates digital resources with customizable executable code that includes access and transfer restrictions, using a smart contract to validate authentication credentials and authorize transactions based on cryptographic addresses, and implements time-restricted access controls.

Engineering Contradictions & Design Principles

VSEngineering Contradiction Analysis

1Reliability

If access controls and transfer restrictions are implemented on digital resources, then security and misuse prevention are improved, but system complexity increases

Engineering Contradiction:
ImprovesecurityVSAvoidsystem complexity
Core Design Contradiction:
ReliabilityVSDevice complexity

Solution Approach 1:

The patent combines multiple access control functions (authentication, authorization, time restrictions, transfer controls) into a single integrated smart contract system. The smart contract merges cryptographic validation, access policy enforcement, and transfer restrictions into one unified mechanism, reducing the need for separate security systems while maintaining comprehensive protection.

Inventive Principle:
Principle #5Merging (Combining)

Solution Approach 2:

The smart contract implements self-service access control by automatically validating authentication credentials, checking access policies, and enforcing transfer restrictions without requiring manual intervention. The system autonomously evaluates requests against stored policies and executes appropriate actions, reducing operational complexity while enhancing security.

Inventive Principle:
Principle #25Self-service

2Reliability

If authentication credentials and access validation are performed for each request, then access control reliability is improved, but processing time increases

Engineering Contradiction:
Improveaccess control reliabilityVSAvoidprocessing time
Core Design Contradiction:
ReliabilityVSLoss of time

Solution Approach 1:

The system performs preliminary actions by pre-storing access control policies, authentication credentials, and validation rules in the smart contract before actual access requests occur. This pre-preparation allows rapid retrieval and evaluation during request processing, reducing processing time while maintaining thorough validation.

Inventive Principle:
Principle #10Preliminary action

Solution Approach 2:

The smart contract implements feedback mechanisms that cache authentication results and access validation outcomes. When similar requests are made, the system can quickly reference previous validation results, reducing redundant processing time while ensuring consistent and reliable access control decisions.

Inventive Principle:
Principle #23Feedback

Data Source

PatentUS12461776B2System and method for implementing time-restricted access control to electronic digital resources
Publication Date: 2025.11.04 BANK OF AMERICA CORP
  • US12461776B2 patent drawing
  • US12461776B2 patent drawing
  • US12461776B2 patent drawing

AI summary

A system is provided for implementing time-restricted access control to electronic digital resources. In some embodiments, the custom set of executable code used to generate the digital resource may provide granular control over access restrictions for accessing, viewing, and/or transferring the digital resource. Such access restrictions may include time duration restrictions, access frequency restrictions, data quality restrictions, and/or the like. In this way, the system may limit access to the digital resource in a secure manner.