Virtual Asset Exchange System with Dynamic Blockchain Rates
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Solution Overview
Problem
Existing systems for exchanging virtual assets between different blockchains lack flexibility in transaction methods, particularly in using virtual assets other than those based on predetermined exchange rates.
Innovation Solution
An information processing apparatus and method that determine transactions between a first virtual asset, granted based on certified learning units, and a second virtual asset, using a processor to facilitate exchanges based on predetermined conditions, such as location or relevance, within a blockchain system.
Engineering Contradictions & Design Principles
Engineering Contradiction Analysis
1Ease of operation
If exchange among virtual assets is carried out based on a predetermined exchange rate, then the transaction system is simple to operate, but the system lacks flexibility in transaction methods
Solution Approach 1:
The patent implements dynamic exchange rates that automatically adjust based on multiple factors including location information, time, and asset characteristics. Instead of fixed predetermined rates, the system calculates exchange rates in real-time using algorithms that consider geographic coordinates, temporal parameters, and asset-specific attributes, enabling flexible transactions while maintaining operational simplicity through automated calculations
Solution Approach 2:
The system changes multiple parameters simultaneously to achieve flexible exchanges: geographic location parameters (latitude, longitude), temporal parameters (time of day, day of week), and asset parameters (virtual asset type, learning unit certification status). These parameter changes enable the system to adapt exchange rates to different transaction contexts without requiring complex manual configuration
2Adaptability or versatility
If variable exchange rates are set based on location and conditions, then transaction flexibility is improved, but the system complexity increases
Solution Approach 1:
The patent segments the exchange rate determination process into distinct functional modules: location information acquisition module, time information acquisition module, exchange rate calculation module, and transaction execution module. Each module handles a specific aspect of the transaction, reducing overall system complexity by breaking down the complex task of dynamic exchange rate determination into manageable, independent components that can be developed and maintained separately
Solution Approach 2:
The system introduces intermediary components including a blockchain network that acts as a trusted mediator for recording and verifying transactions, and a distributed ledger that mediates the storage and verification of exchange rate parameters. These intermediaries simplify the architecture by providing standardized interfaces and eliminating the need for complex point-to-point verification between all system components
3Adaptability or versatility
If virtual assets are granted based on learning unit certification, then the system can motivate educated individuals to visit specific areas, but the transaction system becomes more complex
Solution Approach 1:
The system performs preliminary actions by pre-certifying learning units and pre-issuing virtual assets to users based on their educational achievements before they engage in transactions. The blockchain network pre-records the certification status and associates it with the user's digital identity, so that when location-based transactions occur, the system can quickly verify eligibility without complex real-time evaluation, reducing transactional complexity while maintaining incentive effectiveness
Data Source
AI summary
There is provided an information processing apparatus including a processor that determines, on the basis of a predetermined condition, a transaction between a first virtual asset granted on the basis of a learning unit being certified to a user being educated and a second virtual asset different from the first virtual asset.