Blockchain Token Bridging via Intermediate Conversion Pathways
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Solution Overview
Problem
Different blockchain types often use different token types, making it challenging for them to interoperate, leading to operational limitations and isolation.
Innovation Solution
A blockchain interoperability system determines pathways for converting and bridging tokens between blockchains, using data structures to identify compatible blockchains and generate batch instructions for seamless token conversions and transfers.
Engineering Contradictions & Design Principles
Engineering Contradiction Analysis
1Adaptability or versatility
If different blockchain types use different token types, then each blockchain can operate independently with its own token ecosystem, but interoperability between blockchains becomes challenging and limited
Solution Approach 1:
The patent introduces an intermediary system that facilitates token conversion between different blockchain types. The system determines conversion pathways by identifying intermediate tokens that can bridge different token types across blockchains, enabling interoperability without requiring direct compatibility between all blockchain token pairs.
Solution Approach 2:
The patent segments the complex task of token conversion into multiple manageable steps by identifying intermediate tokens and conversion pathways. Instead of requiring direct conversion between any two token types, the system breaks down the conversion process into sequential steps through intermediate blockchain networks.
2Adaptability or versatility
If token conversion pathways are established between blockchains, then interoperability is enabled, but processing time and resource usage increase due to multiple conversion steps
Solution Approach 1:
The patent performs preliminary actions by pre-determining and storing conversion pathways and intermediate token mappings in data structures. When a conversion is needed, the system queries these pre-computed pathways rather than performing complex real-time analysis, significantly reducing processing time while maintaining interoperability capabilities.
3Productivity
If multiple token conversion operations are executed sequentially, then each conversion can be processed independently, but overall processing efficiency decreases
Solution Approach 1:
The patent merges multiple token conversion operations into batch instructions that can be executed simultaneously or in parallel. By combining sequential conversion operations into unified batch processing requests, the system reduces overall processing time and improves productivity while managing complexity through structured instruction sets.
Data Source
AI summary
The present disclosure describes a blockchain interoperability system. The system includes one or more memories and one or more processors communicatively coupled to the one or more memories. The one or more processors, individually or collectively, receive a request for a destination token on a destination blockchain, determine, based on one or more data structures, a first blockchain on which an intermediate token can be converted into the destination token, convert, on the first blockchain, the intermediate token into the destination token, and bridge the destination token from the first blockchain to the destination blockchain.