20240031361. Authentication System and Method simplified abstract (NFTy Lock, LLC)

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Authentication System and Method

Organization Name

NFTy Lock, LLC

Inventor(s)

Ronald E. Lynch, Ii of Johnson City TX (US)

Authentication System and Method - A simplified explanation of the abstract

This abstract first appeared for US patent application 20240031361 titled 'Authentication System and Method

Simplified Explanation

The abstract describes a computer-implemented method, computer program product, and computing system for processing a genetic sequence sample to generate a digital representation. The digital representation includes a public digital portion and a private digital portion that have a common overlapping portion. The public digital portion can be used on an online ledger to define ownership of an asset, while the private digital portion allows the user to confidentially maintain their portion of the genetic sequence.

  • The invention is a computer-based system for processing genetic sequence samples.
  • It generates a digital representation of at least a portion of the original genetic sequence sample.
  • The digital representation includes a public digital portion and a private digital portion.
  • The public digital portion can be used on an online ledger to establish ownership of an asset.
  • The private digital portion allows the user to confidentially maintain their portion of the genetic sequence.

Potential Applications:

  • Genetic research: The technology can be used in genetic research to securely share and track ownership of genetic sequence samples.
  • Intellectual property protection: It can be used to establish ownership and protect intellectual property rights related to genetic sequences.
  • Medical diagnostics: The technology can aid in the confidential sharing and analysis of genetic information for medical diagnostics and personalized medicine.

Problems Solved:

  • Ownership tracking: The technology solves the problem of securely tracking ownership of genetic sequence samples, ensuring proper attribution and preventing unauthorized use.
  • Confidentiality: The private digital portion allows users to maintain the confidentiality of their genetic sequence information while still participating in shared research or asset ownership.

Benefits:

  • Secure ownership tracking: The technology provides a secure and transparent method for tracking ownership of genetic sequence samples, reducing disputes and ensuring proper attribution.
  • Confidentiality preservation: Users can maintain the privacy of their genetic sequence information while still participating in collaborative research or asset ownership.
  • Efficient sharing and analysis: The digital representation allows for efficient sharing and analysis of genetic sequence samples, facilitating research and innovation in various fields.


Original Abstract Submitted

a computer-implemented method, computer program product and computing system for processing an original genetic sequence sample to generate a digital representation of at least a portion of the original genetic sequence sample, wherein the digital representation includes: a public digital portion and a private digital portion that have a common overlapping portion; enabling the use of the public digital portion on an online ledger to define ownership of an asset; and enabling a user to confidentially maintain the private digital portion.