Self-Sovereign Identities for IoT via Semantic Blockchain
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Solution Overview
Problem
Current blockchain systems face challenges in scalability, energy efficiency, and security, particularly in the context of Internet-of-Things (IoT) and Web3 frameworks, where they struggle to handle high transaction speeds and secure identities for objects, and existing identity authentication methods are inadequate for both humans and objects.
Innovation Solution
A computer-implemented system using semantic blockchains with Smart Contracts that provide self-sovereign identities (SSI) to users, including humans and objects, through a network of private and public blockchains, where each user has a fingerprint for authentication and a footprint for transaction tracking, and a Trust Function to establish trust levels, enabling secure and efficient transactions without reliance on centralized authorities.
Engineering Contradictions & Design Principles
Engineering Contradiction Analysis
1Reliability
If Proof-of-Work consensus mechanism is used, then security is improved, but energy consumption increases and transaction speed is limited
Solution Approach 1:
The patent changes the fundamental parameter of consensus mechanism from Proof-of-Work to Proof-of-Stake, transforming the security foundation from computational power to economic stake. This parameter change enables both reduced energy consumption and maintained security through a different mathematical and economic model where validators are selected based on their locked stake amount rather than computational hashing power.
Solution Approach 2:
The patent replaces the mechanical/computational system of Proof-of-Work (requiring intensive mathematical calculations and specialized hardware) with an economic system of Proof-of-Stake (requiring only cryptographic key generation and validation). This substitution eliminates the need for energy-intensive mining operations while maintaining network security through economic incentives and mathematical verification of stake ownership.
2Reliability
If Proof-of-Work consensus mechanism is used, then security is improved, but transaction speed and scalability are limited
Solution Approach 1:
The patent changes the consensus mechanism parameter from Proof-of-Work to Proof-of-Stake, which fundamentally alters the validation process. This parameter change enables higher transaction throughput by eliminating the computational bottleneck of Proof-of-Work while maintaining security through the economic stake-based selection of validators, allowing the system to scale more effectively.
3Reliability
If centralized authentication systems are used, then security is improved, but user sovereignty and trust are reduced
Solution Approach 1:
The patent implements self-sovereign identities where users generate and manage their own cryptographic key pairs without requiring centralized authentication services. Users create their own digital identities, control their own data, and perform self-validation through the Proof-of-Stake mechanism. This self-service approach eliminates dependency on centralized authorities while maintaining strong security through decentralized cryptographic verification.
Solution Approach 2:
The patent extracts the authentication function from centralized systems and distributes it to individual users through self-generated cryptographic keys. By taking out the central authentication authority and replacing it with user-owned cryptographic credentials verified through the blockchain network, the system achieves both security and user sovereignty simultaneously.
4Extent of automation
If existing blockchain systems are used, then decentralization is improved, but adaptability to evolving needs is reduced
Solution Approach 1:
The patent introduces dynamic adaptability to the decentralized blockchain system through flexible parameter configuration. The Proof-of-Stake mechanism allows for dynamic adjustment of staking requirements, validation thresholds, and economic parameters without requiring changes to the fundamental decentralized architecture. This dynamic capability enables the system to adapt to evolving computational needs, security requirements, and scalability demands while maintaining decentralization.
Data Source
AI summary
A computer-implemented system is shown for secure transactions between users, based on a network of blockchains, and a computer-implemented method employing such a computer-implemented system, wherein the architecture of the network of blockchains is defined by rules of smart contracts defined by users at each transaction, allowing extreme agility in governance, sovereignty and interoperability and allowing the optimization of information exchange/validation both in speed and consumed resources. The computer-implemented system further enables Trust implementation to achieve self-sovereign identities for objects to remove or reduce human intermediation in data management and organization.