Smart Contract Virtual Machines for Secure Custom Networks
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Solution Overview
Problem
Existing communication networks lack adequate security, flexibility, and compatibility for secure data transfer, especially in handling small data pieces and integrating disparate databases, and current blockchain systems are inefficient and prone to faults due to reliance on centralized trust and manual coding of smart contracts.
Innovation Solution
A system that dynamically generates virtual machines embedded with smart contracts, governed by blockchain rules, to create secure, decentralized networks with automated self-executing contracts, using virtual atoms for Byzantine Fault Tolerance and flexible data processing.
Engineering Contradictions & Design Principles
Engineering Contradiction Analysis
1Adaptability or versatility
If conventional data exchange frameworks use complex static architecture, then network structure is established, but flexibility in grouping and manipulating data and systems is reduced
Solution Approach 1:
The patent implements dynamic network architecture where virtual machines can be dynamically created, configured, and destroyed based on data exchange requirements. The system allows flexible grouping of virtual machines into networks ad-hoc, enabling adaptive data manipulation capabilities without fixed structural constraints.
Solution Approach 2:
The system segments the network into independent virtual machines that can operate autonomously yet be dynamically grouped. Each virtual machine represents a discrete unit that can be individually configured, managed, and combined with others to form flexible data exchange networks tailored to specific requirements.
2Reliability
If blockchain uses proof of work with distributed network, then security is improved, but computational power and time commitment are significantly increased
Solution Approach 1:
The patent employs lightweight cryptographic mechanisms and simplified consensus protocols that require minimal computational resources compared to traditional proof-of-work. The system uses ephemeral cryptographic keys and short-lived authentication tokens that provide adequate security without demanding extensive processing power or energy consumption.
Solution Approach 2:
The system adjusts security parameters dynamically based on the specific data exchange context, using appropriate cryptographic strength and consensus mechanisms for each scenario rather than applying uniform high-security protocols everywhere. This allows adequate security with optimized resource utilization.
3Ease of operation
If smart contracts are manually coded, then contract functionality is achieved, but errors and security vulnerabilities increase
Solution Approach 1:
The system implements self-validating smart contracts that automatically check their own logic and state for consistency and security violations. The contracts perform self-audits and reject transactions that would lead to erroneous states, eliminating the need for external manual verification and reducing human error.
Solution Approach 2:
The system incorporates real-time feedback mechanisms where the execution environment monitors smart contract behavior, detects potential errors or security issues during runtime, and provides immediate feedback to prevent erroneous execution. This continuous monitoring and feedback loop ensures reliable contract operation without manual intervention.
Data Source
AI summary
A computer implemented method is disclosed comprising programming to generate, spawn, or invoke a mother script in a virtual computing environment residing on a physical server that dynamically generates, spawns, or invokes at least one virtual machine embedded with one or smart contracts. One or more rules may be used to govern the smart contracts and are received from a blockchain network in the form of one or more virtual atoms, where each virtual atom is dynamically generated, spawned, or invoked by a daughter script. The rules may executed to form an automated self-executing contract over a smart contract network that is in data communication with a blockchain network exchange and wherein the one or more virtual atoms are destroyed by themselves.