20240039721. USING NON-FUNGIBLE TOKENS (NFTS) TO SECURELY STORE AND SHARE ENCRYPTED DATA simplified abstract (Capital One Services, LLC)

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USING NON-FUNGIBLE TOKENS (NFTS) TO SECURELY STORE AND SHARE ENCRYPTED DATA

Organization Name

Capital One Services, LLC

Inventor(s)

Andre Young of Accokeek MD (US)

Clayton Johnson of Edgewood MD (US)

Cara Weikel of Silver Spring MD (US)

Judith Rodriguez of Falls Church VA (US)

USING NON-FUNGIBLE TOKENS (NFTS) TO SECURELY STORE AND SHARE ENCRYPTED DATA - A simplified explanation of the abstract

This abstract first appeared for US patent application 20240039721 titled 'USING NON-FUNGIBLE TOKENS (NFTS) TO SECURELY STORE AND SHARE ENCRYPTED DATA

Simplified Explanation

The patent application describes methods and systems for allowing users to access the data of other users using cryptographic tokens. A data access system is used to facilitate this access. The system receives a request to enable access to the data of a first user and generates a cryptographic token and an access entry. When a second request is received to access the first user's data, the system verifies the parameters and grants access to the data.

  • The patent application enables users to access the data of other users using cryptographic tokens.
  • A data access system is used to facilitate this access.
  • The system generates a cryptographic token and an access entry when a request is received to enable access to a first user's data.
  • When a request is received to access the first user's data, the system verifies the parameters and grants access to the data.

Potential Applications

  • Secure sharing of user data between trusted parties.
  • Access control systems for sensitive information.
  • Blockchain-based authentication and authorization mechanisms.

Problems Solved

  • Ensuring secure and controlled access to user data.
  • Simplifying the process of granting and revoking access to user data.
  • Providing a decentralized and tamper-proof method for managing data access.

Benefits

  • Enhanced privacy and security for user data.
  • Efficient and streamlined access control mechanisms.
  • Increased trust and transparency in data sharing processes.


Original Abstract Submitted

methods and systems are described herein for enabling users to access user data of other users using cryptographic tokens. a data access system may be used to enable access. the system may receive a blockchain operation request for enabling access to first user data associated with a first user. the system may generate a cryptographic token and an access entry. when the system receives a second blockchain operation request for accessing the first user data, the system may determine one or more parameters for accessing the first user data. in response to verifying the one or more parameters, the data access system may enable access to the first user data.

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