20240015216. ELECTRONIC DEVICE FOR PROVIDING BLOCKCHAIN-BASED SERVICE, AND OPERATION METHOD THEREOF simplified abstract (Samsung Electronics Co., Ltd.)

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ELECTRONIC DEVICE FOR PROVIDING BLOCKCHAIN-BASED SERVICE, AND OPERATION METHOD THEREOF

Organization Name

Samsung Electronics Co., Ltd.

Inventor(s)

Youna Lee of Suwon-si (KR)

Youngkow Lee of Suwon-si (KR)

Seongmin Je of Suwon-si (KR)

ELECTRONIC DEVICE FOR PROVIDING BLOCKCHAIN-BASED SERVICE, AND OPERATION METHOD THEREOF - A simplified explanation of the abstract

This abstract first appeared for US patent application 20240015216 titled 'ELECTRONIC DEVICE FOR PROVIDING BLOCKCHAIN-BASED SERVICE, AND OPERATION METHOD THEREOF

Simplified Explanation

The abstract describes an electronic device that can receive a short-range wireless communication signal from another device, identify a blockchain service provided by a mesh network, establish a peer-to-peer connection with the other device, and perform block synchronization for the blockchain service through the connection.

  • The electronic device includes a processor, wireless communication circuit, and memory.
  • The device receives a short-range wireless communication signal from a first external electronic device.
  • The device identifies a blockchain service provided by a mesh network based on the received signal.
  • The device establishes a peer-to-peer connection with the first external electronic device.
  • The device performs block synchronization for the blockchain service through the peer-to-peer connection.

Potential Applications:

  • Secure and decentralized data transfer and communication between electronic devices.
  • Blockchain-based services such as cryptocurrency transactions, smart contracts, and decentralized applications.
  • Internet of Things (IoT) devices that can securely interact and exchange data through blockchain technology.

Problems Solved:

  • Lack of secure and decentralized communication between electronic devices.
  • Centralized control and vulnerability of traditional communication networks.
  • Trust and security issues in data transfer and synchronization.

Benefits:

  • Enhanced security and privacy through peer-to-peer connections and blockchain technology.
  • Decentralized and tamper-resistant data storage and synchronization.
  • Improved efficiency and reliability in blockchain-based services and applications.


Original Abstract Submitted

an electronic device is provided. the electronic device includes a processor, a wireless communication circuit, and memory to store instructions. the instructions are configured to, when executed by the processor, cause the electronic device to receive a short-range wireless communication signal from a first external electronic device, identify a blockchain service provided by a mesh network including the first external electronic device based on the short-range wireless communication signal, establish a peer-to-peer (p2p) connection with the first external electronic device, and perform block synchronization for the blockchain service through the p2p connection.