18070797. METAVERSE ENHANCED SAFE DEPOSIT BOX simplified abstract (Bank of America Corporation)

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METAVERSE ENHANCED SAFE DEPOSIT BOX

Organization Name

Bank of America Corporation

Inventor(s)

Sneha Padiyar of Mumbai (IN)

Nandini Rathaur of Mumbai (IN)

Sandeep Kumar Chauhan of Hyderabad (IN)

Aditya Sharma of New Delhi (IN)

METAVERSE ENHANCED SAFE DEPOSIT BOX - A simplified explanation of the abstract

This abstract first appeared for US patent application 18070797 titled 'METAVERSE ENHANCED SAFE DEPOSIT BOX

Simplified Explanation

The patent application describes systems, methods, and apparatus for safe deposit box protocols in a metaverse environment. Here are some key points to explain the innovation:

  • Verification of customer identity using meta-information associated with avatar appearance or behavior, device data, and methods of avatar control.
  • Virtual representation or video stream of physical safe deposit box contents for the customer avatar in the metaverse environment.
  • Ability for the customer avatar to request camera adjustments at the physical safe deposit box.
  • Signing of virtual documents in the metaverse environment, with the signature captured and reproduced on a paper document by a device interfacing with the application.
  • Storage of technical logs of the metaverse session for future reference.

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      1. Potential Applications

This technology could be applied in virtual banking, online safe deposit box services, and secure document signing in a virtual environment.

      1. Problems Solved

This technology solves the problem of securely accessing physical safe deposit box contents remotely and verifying customer identity in a virtual setting.

      1. Benefits

The benefits of this technology include enhanced security, convenience for customers, and the ability to conduct transactions and sign documents in a virtual environment.

      1. Potential Commercial Applications

Potential commercial applications include virtual banking services, online safe deposit box companies, and secure document signing platforms.

      1. Possible Prior Art

One possible prior art could be virtual reality applications for secure document signing, but the specific combination of features for safe deposit box protocols in a metaverse environment may be novel.

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        1. Unanswered Questions
      1. How does this technology ensure the security of customer information in the metaverse environment?

The patent application mentions verifying customer identity and storing technical logs, but it does not provide detailed information on encryption methods or data protection measures.

      1. What are the potential limitations or challenges of implementing this technology in real-world scenarios?

While the patent application outlines the features and benefits of the technology, it does not address potential obstacles such as user adoption, technical compatibility, or regulatory compliance.


Original Abstract Submitted

Systems, methods, and apparatus are provided for safe deposit box protocols in a metaverse environment. A metaverse application may enable interactions between an agent avatar and a customer avatar in a secure bidirectional metaverse session. Customer identity may be verified using meta-information associated with avatar appearance or behavior, device data, and/or methods of avatar control. The customer avatar may view a virtual representation or video stream of physical safe deposit box contents in the metaverse environment. In some embodiments, the customer avatar may request a camera adjustment at the physical safe deposit box. In some embodiments, the customer avatar may sign a virtual document in the metaverse environment. The signature may be captured and reproduced on a paper document by a device interfacing with the metaverse application. The metaverse application may store technical logs of the metaverse session for future reference.