20240020683. METHODS AND SYSTEMS FOR MULTIPLE GATING VERIFICATIONS BASED ON A BLOCKCHAIN WALLET simplified abstract (Shopify Inc.)
METHODS AND SYSTEMS FOR MULTIPLE GATING VERIFICATIONS BASED ON A BLOCKCHAIN WALLET
Organization Name
Inventor(s)
Patrick Sissons of Vancouver (CA)
METHODS AND SYSTEMS FOR MULTIPLE GATING VERIFICATIONS BASED ON A BLOCKCHAIN WALLET - A simplified explanation of the abstract
This abstract first appeared for US patent application 20240020683 titled 'METHODS AND SYSTEMS FOR MULTIPLE GATING VERIFICATIONS BASED ON A BLOCKCHAIN WALLET
Simplified Explanation
Methods and systems for multi-point token-based access control to online resources using a single wallet verification. A system, such as an e-commerce platform, receives a wallet address and digital signature from a user device during a user session, and obtains ownership data from a blockchain network with regard to the wallet address. Based on token ownership, the system determines whether the wallet address satisfies a token-based access condition. The system then detects a second access control event at a subsequent phase of the user session and, in response, obtains current ownership data from the blockchain network to determine whether a second token-based condition is satisfied before permitting a requested transaction in the subsequent phase.
- The system allows users to access online resources using a single wallet verification.
- It verifies the ownership of tokens associated with a wallet address using data from a blockchain network.
- The system determines whether the wallet address satisfies a token-based access condition.
- It detects a second access control event during the user session and verifies the ownership of tokens again before permitting a requested transaction.
Potential applications of this technology:
- E-commerce platforms can use this system to provide secure access to online resources.
- Online gaming platforms can implement this system to ensure fair play and prevent unauthorized access.
- Cryptocurrency exchanges can use this technology to verify ownership of tokens before allowing transactions.
Problems solved by this technology:
- Provides a secure and efficient method for access control to online resources.
- Prevents unauthorized access and ensures that only token owners can access the resources.
- Reduces the risk of fraud and identity theft by verifying ownership through blockchain data.
Benefits of this technology:
- Simplifies the access control process by using a single wallet verification.
- Enhances security by leveraging blockchain technology for ownership verification.
- Improves user experience by allowing seamless access to online resources.
- Reduces the risk of fraudulent transactions and unauthorized access.
Original Abstract Submitted
methods and systems for multi-point token-based access control to online resources using a single wallet verification. a system, such as an e-commerce platform, receives a wallet address and digital signature from a user device during a user session, and obtains ownership data from a blockchain network with regard to the wallet address. based on token ownership, the system determines whether the wallet address satisfies a token-based access condition. the system then detects a second access control event at a subsequent phase of the user session and, in response, obtains current ownership data from the blockchain network to determine whether a second token-based condition is satisfied before permitting a requested transaction in the subsequent phase.
