20240054488. 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 20240054488 titled 'SYSTEMS AND METHODS FOR GENERATING AGGREGATE RECORDS

Simplified Explanation

The system described in the patent application is designed to generate aggregate records by retrieving data, receiving sharing preferences, extracting data subsets, and appending them to a blockchain ledger for access by users.

  • The system retrieves data corresponding to a first user.
  • The system receives sharing preferences associated with a second user from the first user.
  • Based on the sharing preferences, the system extracts data subsets from the data.
  • The system generates blocks of a blockchain ledger.
  • The first data subsets are appended to at least a first block of the blockchain ledger.
  • The second user is provided with access to the first data subsets on the at least first block.

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      1. Potential Applications
  • Secure data sharing between users
  • Creating immutable records of shared data
  • Ensuring transparency and accountability in data sharing processes
      1. Problems Solved
  • Ensuring data privacy and security in sharing processes
  • Preventing unauthorized access to shared data
  • Providing a reliable and transparent system for data sharing
      1. Benefits
  • Enhanced data security and privacy
  • Immutable records of shared data
  • Transparent and accountable 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.

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