VISA INTERNATIONAL SERVICE ASSOCIATION (20240323000). GATEWAY AGNOSTIC TOKENIZATION simplified abstract

GATEWAY AGNOSTIC TOKENIZATION

Organization Name

VISA INTERNATIONAL SERVICE ASSOCIATION

Inventor(s)

Sivanarayana Gaddam of San Francisco CA (US)

Pratyay Mukherjee of Santa Clara CA (US)

Gaven Watson of Palo Alto CA (US)

GATEWAY AGNOSTIC TOKENIZATION - A simplified explanation of the abstract

This abstract first appeared for US patent application 20240323000 titled 'GATEWAY AGNOSTIC TOKENIZATION

The abstract describes methods and systems for gateway agnostic tokenization, allowing a resource provider to efficiently route a token for authorization via any appropriate gateway computer.

• Tokenization enables quick, safe, and efficient authorization routing.
• Resource provider transmits token to edge computer, which forwards it to gateway computer.
• Gateway computer identifies data item with two ciphertexts associated with the token.
• Edge and gateway computers decrypt ciphertexts to obtain a credential.
• Gateway computer forwards credential to authorizing entity computer for authorization decision.

Potential Applications: - Secure online transactions - Access control systems - Identity verification processes

Problems Solved: - Streamlining authorization processes - Enhancing security of token transmission

Benefits: - Improved efficiency in authorization routing - Enhanced security for sensitive data

Commercial Applications: Title: "Enhancing Security and Efficiency in Authorization Routing Technology" This technology can be applied in industries such as finance, healthcare, and e-commerce to improve transaction security and streamline authorization processes.

Questions about Gateway Agnostic Tokenization: 1. How does gateway agnostic tokenization improve the security of authorization processes?

  - Gateway agnostic tokenization enhances security by allowing for efficient and secure routing of tokens for authorization, reducing the risk of unauthorized access.

2. What are the potential implications of gateway agnostic tokenization for industries like finance and healthcare?

  - Gateway agnostic tokenization can significantly enhance security and efficiency in industries like finance and healthcare by streamlining authorization processes and improving data protection.

Original Abstract Submitted

methods and systems for gateway agnostic tokenization are disclosed. gateway agnostic tokenization enables a resource provider to quickly, safely, and efficiently route a token for authorization via any appropriate gateway computer. as part of an interaction with a user, a resource provider can transmit a token to an edge computer. the edge computer can then forward the token to a gateway computer. the gateway computer can identify a data item comprising two ciphertexts associated with the token. the edge computer and gateway computer can collectively decrypt the two ciphertexts to obtain a credential. the gateway computer can then forward the credential to an authorizing entity computer. the authorizing entity computer can then determine whether or not to authorize the interaction.