Transaction Location Control for Energy-Aware Ledger Execution

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Solution Overview

Problem

The increasing complexity of distributed ledger systems and energy-intensive computing operations poses challenges in optimizing energy and compute resource utilization, particularly due to volatility in resource costs and market uncertainties, necessitating a flexible and intelligent management system that can adapt to these conditions.

Innovation Solution

A transaction-enabling system incorporating a smart contract wrapper and controller that accesses distributed ledgers, manages intellectual property assets, and allocates energy and compute resources efficiently by interpreting access requests, committing entities to contract terms, and apportioning royalties, while also predicting market prices and executing transactions on resource markets.

Engineering Contradictions & Design Principles

VSEngineering Contradiction Analysis

1Productivity

If distributed ledger systems and energy-intensive computing operations are used to support automated markets and transactions, then transaction execution capability and market automation are improved, but energy consumption and operational costs increase significantly

Engineering Contradiction:
Improvetransaction execution capabilityVSAvoidenergy consumption
Core Design Contradiction:
ProductivityVSUse of energy by moving object

Solution Approach 1:

The system dynamically selects transaction execution locations based on real-time conditions including energy costs, computational resources, and market prices. The controller continuously monitors and adjusts the optimal location for executing transactions, transforming a static system into a dynamic one that adapts to changing conditions to resolve the contradiction between transaction capability and energy consumption

Inventive Principle:
Principle #15Dynamics

Solution Approach 2:

The system changes key parameters such as transaction location, execution timing, and resource allocation based on market conditions and energy prices. By varying these parameters dynamically, the system optimizes the balance between maintaining high transaction execution capability and reducing energy consumption costs

Inventive Principle:
Principle #35Parameter changes

2Adaptability or versatility

If a flexible and intelligent management system is implemented to adapt to volatile resource costs and market uncertainties, then system adaptability and resource optimization are improved, but system complexity increases

Engineering Contradiction:
Improvesystem adaptabilityVSAvoidsystem complexity
Core Design Contradiction:
Adaptability or versatilityVSDevice complexity

Solution Approach 1:

The controller acts as an intermediary between the distributed ledger system, energy resources, and market exchanges. It manages the complexity of adapting to volatile conditions by centralizing the decision-making logic for resource allocation and transaction execution, thereby improving system adaptability without proportionally increasing overall system complexity

Inventive Principle:
Principle #24Intermediary (Mediator)

Solution Approach 2:

The system implements feedback mechanisms where the controller continuously monitors market prices, energy costs, and transaction outcomes, then uses this information to adjust resource allocation and execution strategies. This feedback loop enables the system to adapt to changing conditions automatically, reducing the need for complex manual management

Inventive Principle:
Principle #23Feedback

3Productivity

If transaction execution is optimized based on location and market conditions, then transaction efficiency and cost-effectiveness are improved, but the difficulty of detecting and measuring optimal parameters increases

Engineering Contradiction:
Improvetransaction efficiencyVSAvoidparameter measurement complexity
Core Design Contradiction:
ProductivityVSDifficulty of detecting and measuring

Solution Approach 1:

The controller autonomously detects and measures optimal transaction parameters by monitoring market data, energy prices, and system state without requiring external intervention. The system self-adjusts execution parameters based on real-time conditions, improving transaction efficiency while managing the complexity of parameter detection internally

Inventive Principle:
Principle #25Self-service

Data Source

PatentUS11823098B2Transaction-enabled systems and methods to utilize a transaction location in implementing a transaction request
Publication Date: 2023.11.21 STRONG FORCE TX PORTFOLIO 2018 LLC
  • US11823098B2 patent drawing
  • US11823098B2 patent drawing
  • US11823098B2 patent drawing

AI summary

Transaction systems and methods are disclosed. A system may include a controller having a transaction detection circuit to interpret a transaction request value, wherein the transaction request value includes a transaction description for one of a proposed or an imminent transaction, and a cryptocurrency type value and a transaction amount value. A transaction locator circuit then determines a transaction location parameter in response to the transaction request value, wherein the transaction location is a geographic value or a jurisdiction value. A transaction execution circuit then provides a transaction implementation command in response to the transaction location parameter.