18159750. PRIVATE KEY CREATION USING LOCATION DATA simplified abstract (INTERNATIONAL BUSINESS MACHINES CORPORATION)
Contents
PRIVATE KEY CREATION USING LOCATION DATA
Organization Name
INTERNATIONAL BUSINESS MACHINES CORPORATION
Inventor(s)
PRIVATE KEY CREATION USING LOCATION DATA - A simplified explanation of the abstract
This abstract first appeared for US patent application 18159750 titled 'PRIVATE KEY CREATION USING LOCATION DATA
Simplified Explanation
The abstract describes a method and system for generating a master seed using location-based data. Here is a simplified explanation of the patent application:
- The system includes a random number generator and a GPS module to determine the system's location.
- An encryption module generates a signing request message that includes the random number and location.
- The signing request message is sent to a location authority for authorization.
- The communication device receives a signature from the location authority upon authorization.
- Based on the signature, the system generates a master seed.
Potential Applications
This technology can have various applications, including:
- Secure authentication systems: The generated master seed can be used for secure authentication processes, ensuring the authenticity of the system's location.
- Cryptocurrency wallets: The master seed can be used to generate private keys for cryptocurrency wallets, enhancing their security.
- Access control systems: The location-based master seed can be utilized for secure access control, such as in smart locks or restricted areas.
Problems Solved
The technology addresses several problems:
- Location-based security: By incorporating location data into the master seed generation process, the system enhances security by verifying the system's physical location.
- Authentication reliability: The use of a location authority to authorize the signing request message adds an extra layer of reliability to the authentication process.
- Randomness and unpredictability: The random number generator ensures the generated master seed is truly random, making it difficult for attackers to guess or replicate.
Benefits
The technology offers several benefits:
- Enhanced security: By combining location data and authorization from a location authority, the system provides a more secure method for generating a master seed.
- Simplified authentication: The system streamlines the authentication process by automating the generation of a master seed based on location data.
- Increased trust: The involvement of a location authority in the authorization process adds trust and credibility to the generated master seed.
Original Abstract Submitted
Methods and a system of generating a master seed using location-based data. The system includes a pseudo-random number generator configured to generate a random number and a global positioning system module configured to determine a location of the system. The system also includes an encryption module configured to generate a signing request message. The signing request message includes the random number and the location. The system further includes a communication device configured to transmit the signing request message to a location authority for authorization. The communication device further configured to receive a signature from the location authority upon authorization of the signing request message. The system is further configured to generate a master seed based on the signature.
