Capital One Services, LLC (20240320656). TOKEN IDENTITY DEVICES simplified abstract
Contents
TOKEN IDENTITY DEVICES
Organization Name
Inventor(s)
Lawrence Douglas of McLean VA (US)
Paul Moreton of Glen Allen VA (US)
TOKEN IDENTITY DEVICES - A simplified explanation of the abstract
This abstract first appeared for US patent application 20240320656 titled 'TOKEN IDENTITY DEVICES
The patent application describes methods, systems, and computer-readable media for wearable devices that store tokens linked to digital versions of physical documents/cards and securely transfer these tokens without Bluetooth or other network connectivity, using only NFC radio technology.
Key Features and Innovation:
- Wearable devices store tokens associated with digital versions of physical documents/cards.
- Tokens can be securely transferred to interested parties using NFC radio technology.
- Token vault operator system establishes accounts, authenticates users, generates tokens, and provides access to data sets associated with token vault IDs.
Potential Applications:
- Secure transfer of digital document/card information without the need for Bluetooth or other network connectivity.
- Convenient storage and access to important documents/cards on wearable devices.
- Enhanced security and privacy for sensitive information transfer.
Problems Solved:
- Eliminates the need for Bluetooth or other network connections for secure data transfer.
- Provides a convenient and secure way to store and access digital versions of physical documents/cards.
- Enhances privacy and security for sensitive information transfer.
Benefits:
- Improved convenience for users accessing digital documents/cards on wearable devices.
- Enhanced security and privacy for data transfer without relying on traditional network connections.
- Simplified and secure token-based system for managing digital document/card information.
Commercial Applications:
- Secure document transfer for businesses and organizations.
- Enhanced privacy and security features for wearable devices in various industries.
- Potential market implications for data security and privacy solutions.
Prior Art: Prior art related to this technology may include existing systems for secure data transfer using NFC technology, wearable devices with token storage capabilities, and authentication methods for accessing digital information securely.
Frequently Updated Research: Ongoing research in the field of wearable technology, NFC technology, and secure data transfer methods may provide further insights into the development and implementation of this technology.
Questions about Wearable Token Transfer Technology: 1. How does this technology improve security and privacy for data transfer compared to traditional methods? 2. What are the potential limitations or challenges in implementing this technology on a larger scale?
Original Abstract Submitted
disclosed embodiments include methods, systems, and computer-readable media configured to provide wearable devices storing tokens associated with digital versions of physical documents/cards. the wearable devices may further transfer tokens securely to interested parties without bluetooth� or other network connectivity beyond nfc radio. in some embodiments, a token vault operator system may receive a request to establish a token vault account for a user, authenticate an identity of the user based at least on the received request, and generating a token vault id associated with the user. the token vault operator system may further configure access to data sets generated for and associated with the token vault id, generate tokens associated with the token vault id, each token corresponding to one of the one or more data sets, and provide the generated plurality of tokens associated with the token vault id to at least one user device.
