18093548. SYSTEM FOR RESOURCE SHARING OVER A SECURE WIRELESS NETWORK COMMUNICATION CHANNEL simplified abstract (Bank of America Corporation)

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SYSTEM FOR RESOURCE SHARING OVER A SECURE WIRELESS NETWORK COMMUNICATION CHANNEL

Organization Name

Bank of America Corporation

Inventor(s)

Kumara Swamy Kariyappa Reddy of Charlotte NC (US)

Michael G. Horstman of Chicago IL (US)

Manu Jacob Kurian of Dallas TX (US)

Ganesh Bonda of Charlotte NC (US)

SYSTEM FOR RESOURCE SHARING OVER A SECURE WIRELESS NETWORK COMMUNICATION CHANNEL - A simplified explanation of the abstract

This abstract first appeared for US patent application 18093548 titled 'SYSTEM FOR RESOURCE SHARING OVER A SECURE WIRELESS NETWORK COMMUNICATION CHANNEL

The abstract describes a system for resource sharing over a secure wireless network communication channel, involving an endpoint device with wireless communication capabilities.

  • The system includes an application that enables the endpoint device to scan a network for nearby devices configured to exchange resources.
  • Each device is associated with a unique identifier linked to resource accounts, allowing for secure resource transfers.
  • Upon selecting a unique identifier, the endpoint device initiates a resource transfer to the corresponding device, ensuring efficient exchange over the wireless channel.

Potential Applications: - Secure file sharing between devices in a business setting. - Resource sharing in a smart home environment for connected devices. - Collaborative document sharing among students or professionals.

Problems Solved: - Ensures secure and efficient resource sharing over wireless networks. - Simplifies the process of transferring resources between devices. - Facilitates communication and collaboration in various settings.

Benefits: - Enhanced security for wireless resource transfers. - Streamlined process for sharing files and data. - Improved efficiency in exchanging resources between devices.

Commercial Applications: Title: Secure Wireless Resource Sharing System This technology could be utilized in industries such as: - Information technology for secure data transfers. - Home automation for seamless device communication. - Education sector for collaborative projects and file sharing.

Prior Art: Readers can explore prior art related to secure wireless resource sharing systems in patents and research papers on wireless communication protocols and resource sharing technologies.

Frequently Updated Research: Stay informed about the latest advancements in wireless communication security and resource sharing protocols to enhance the efficiency and security of the system.

Questions about Secure Wireless Resource Sharing System: 1. How does the system ensure the security of resource transfers over the wireless network? - The system uses unique identifiers and secure protocols to encrypt data during transfers, ensuring confidentiality and integrity. 2. What are the potential challenges in implementing this system in large-scale networks? - Scalability and network congestion may pose challenges in large-scale deployments, requiring efficient resource management strategies.


Original Abstract Submitted

A system is provided for resource sharing over a secure wireless network communication channel. In particular, the system may include an endpoint device equipped with wireless communication capabilities. An application installed on the endpoint device may cause the endpoint device to perform a wireless scan of a network for nearby devices that are configured to send, receive, and/or exchange resources. Each device may be associated with a unique identifier, where the unique identifier may be associated with one or more resource accounts. Upon receiving a selection of a unique identifier, the endpoint device may initiate a resource transfer to the device associated with the selected identifier. In this way, the system may provide a secure and efficient way to exchange resources over a wireless communication channel.