17884527. SYSTEMS AND METHODS FOR GENERATING AGGREGATE RECORDS simplified abstract (Capital One Services, LLC)

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SYSTEMS AND METHODS FOR GENERATING AGGREGATE RECORDS

Organization Name

Capital One Services, LLC

Inventor(s)

Lin Ni Lisa Cheng of New York NY (US)

John Fields of Henrico VA (US)

Wade Rance of Washington DC (US)

Alexis Howard of Cobbs Creek VA (US)

SYSTEMS AND METHODS FOR GENERATING AGGREGATE RECORDS - A simplified explanation of the abstract

This abstract first appeared for US patent application 17884527 titled 'SYSTEMS AND METHODS FOR GENERATING AGGREGATE RECORDS

Simplified Explanation

- A system for generating aggregate records is disclosed in the patent application. - The system retrieves data for a first user and receives sharing preferences from the first user for a second user. - Based on the sharing preferences, the system extracts data subsets from the data. - The system then generates blocks of a blockchain ledger and appends the data subsets to at least one block. - The second user is provided with access to the data subsets on the blockchain ledger.

Potential Applications

This technology could be applied in: - Secure data sharing platforms - Healthcare record management systems - Financial transaction tracking

Problems Solved

- Ensures data privacy and security - Facilitates controlled data sharing - Provides a tamper-proof record of shared data

Benefits

- Enhanced data security - Improved data transparency - Simplified data sharing processes


Original Abstract Submitted

Disclosed embodiments may include a system for generating aggregate records. The system may retrieve data corresponding to a first user. The system may receive, from the first user, first sharing preference(s) associated with a second user. The system may extract first data subset(s) from the data based on the first sharing preference(s). The system may generate block(s) of a blockchain ledger. The system may append the first data subset(s) to at least a first block of the block(s) of the blockchain ledger. The system may provide the second user with access to the first data subset(s) on the at least first block.