18208934. SYSTEM AND METHOD FOR SECURED DATA ANALYSIS AND SYNTHETIC IDENTITY DETECTION IN A DISTRIBUTED LEDGER NETWORK (BANK OF AMERICA CORPORATION)

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SYSTEM AND METHOD FOR SECURED DATA ANALYSIS AND SYNTHETIC IDENTITY DETECTION IN A DISTRIBUTED LEDGER NETWORK

Organization Name

BANK OF AMERICA CORPORATION

Inventor(s)

Sandeep Verma of Gurugram (IN)

Pavan Chayanam of Alamo CA (US)

Srinivas Dundigalla of Waxhaw NC (US)

Nandini Rathaur of Mumbai (IN)

SYSTEM AND METHOD FOR SECURED DATA ANALYSIS AND SYNTHETIC IDENTITY DETECTION IN A DISTRIBUTED LEDGER NETWORK

This abstract first appeared for US patent application 18208934 titled 'SYSTEM AND METHOD FOR SECURED DATA ANALYSIS AND SYNTHETIC IDENTITY DETECTION IN A DISTRIBUTED LEDGER NETWORK



Original Abstract Submitted

Systems, computer program products, and methods are described herein for secured data analysis and synthetic identity detection in a distributed ledger network. The present invention is configured to receive an event for a predetermined set of occurrences, generate a first hash packet and a second hash packet, wherein the first hash packet is generated by applying a hashing engine to a first identifier, and wherein the second hash packet is generated by applying the hashing engine to a second identifier, generate, by a distributed ledger server, a first key pair, generate, by the member of the distributed ledger network, a second key pair, encrypt a bundle using the first public key, wherein the bundle comprises the first and second hash packets, and appending the bundle to the transaction object, wherein the transaction object is distributed to the distributed ledger network.