18680837. TOKEN IDENTITY DEVICES simplified abstract (Capital One Services, LLC)
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 18680837 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 beyond NFC radio.
- Wearable devices store tokens associated with digital versions of physical documents/cards
- Tokens can be securely transferred to interested parties without Bluetooth® or other network connectivity beyond NFC radio
- Token vault operator system can establish a token vault account for a user, authenticate the user's identity, generate a token vault ID, configure access to data sets associated with the ID, generate tokens corresponding to data sets, and provide the tokens to user devices
Potential Applications: - Secure transfer of digital versions of physical documents/cards - Wearable technology for storing and transferring sensitive information - Enhanced security and convenience for document/card management
Problems Solved: - Secure transfer of tokens without relying on traditional network connectivity - Efficient management of digital versions of physical documents/cards - Enhanced user authentication and data access control
Benefits: - Improved security for sensitive information - Convenient access to digital versions of physical documents/cards - Simplified token management for users
Commercial Applications: Title: Secure Wearable Token Management System This technology can be applied in industries such as finance, healthcare, and government for secure document/card management and data transfer. It can also be used in wearable technology products for consumers who require secure storage and transfer of sensitive information.
Prior Art: Readers can explore prior art related to wearable technology, NFC radio communication, and secure data transfer systems to gain a deeper understanding of the innovation presented in this patent application.
Frequently Updated Research: Researchers may find updated studies on wearable technology security, NFC technology advancements, and secure data transfer protocols relevant to this patent application.
Questions about Wearable Token Management System: 1. How does this technology improve data security for wearable devices? - This technology enhances data security by securely storing and transferring tokens associated with digital versions of physical documents/cards without relying on traditional network connectivity. 2. What are the potential implications of this technology for industries like finance and healthcare? - This technology can revolutionize document/card management in industries like finance and healthcare by providing a secure and convenient way to store and transfer sensitive information.
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.
