INFOSYS LIMITED (20240333691). METHOD AND SYSTEM FOR MANAGING ANONYMIZED DATA USING BLOCKCHAIN NETWORK simplified abstract

METHOD AND SYSTEM FOR MANAGING ANONYMIZED DATA USING BLOCKCHAIN NETWORK

Organization Name

INFOSYS LIMITED

Inventor(s)

Ramaswami Mohandoss of Bangalore (IN)

Graceta Gnanaselvi Jesurajan of Bangalore (IN)

METHOD AND SYSTEM FOR MANAGING ANONYMIZED DATA USING BLOCKCHAIN NETWORK - A simplified explanation of the abstract

This abstract first appeared for US patent application 20240333691 titled 'METHOD AND SYSTEM FOR MANAGING ANONYMIZED DATA USING BLOCKCHAIN NETWORK

Simplified Explanation

This patent application describes a method and system for managing anonymized data across computing devices in a blockchain network. The method involves generating a blockchain network with a blockchain ledger for each end user's dataset, creating unique ledger keys for each dataset, and storing the data in the ledger based on the keys.

• The method involves constructing a blockchain ledger for each end user's dataset.
• Unique ledger keys are generated for each dataset to ensure secure storage.
• The data associated with each end user is stored in the blockchain ledger based on the unique ledger key.
• Access to the dataset can be granted to other computing devices by sending a joining request.
• The system ensures secure and decentralized management of anonymized data across devices.

Potential Applications

This technology can be applied in various industries such as healthcare, finance, and supply chain management where secure and decentralized data management is crucial. It can also be used in identity verification systems and data sharing platforms.

Problems Solved

This technology addresses the challenges of securely managing and sharing anonymized data across multiple computing devices in a decentralized manner. It ensures data integrity, privacy, and transparency in data transactions.

Benefits

The benefits of this technology include enhanced data security, improved data transparency, reduced risk of data breaches, and efficient data sharing among authorized parties. It also provides a tamper-proof record of data transactions.

Commercial Applications

• Secure data management platforms for industries handling sensitive information.
• Identity verification systems for secure access control.
• Data sharing platforms for collaborative projects and research.

Questions about the Technology

How does this technology ensure the privacy of user data?

This technology ensures privacy by generating unique ledger keys for each dataset, allowing only authorized access to the data.

What are the potential implications of this technology in the healthcare industry?

This technology could revolutionize healthcare data management by ensuring secure and transparent sharing of patient information among healthcare providers.

Original Abstract Submitted

this disclosure relates to a method and a system for managing anonymized data across computing devices in a blockchain network. the method includes generating the blockchain network including a blockchain ledger based on a dataset associated with each of a plurality of end users. the method of generating the blockchain network includes constructing the blockchain ledger corresponding to the dataset associated with each of the plurality of end users; generating a unique ledger key corresponding to the dataset associated with each of the plurality of end users; and storing the dataset associated with each of the plurality of end users in the blockchain ledger based on the unique ledger key. the method further includes communicating a joining request to a second computing device for joining the blockchain network. the method further includes granting access to the second computing device to the dataset associated with the plurality of end users.