AnonyDoxx, LLC (20240232413). SYSTEMS AND METHODS FOR BLOCKCHAIN WALLET OWNER VERIFICATION AND ACCESS MANAGEMENT simplified abstract
Contents
SYSTEMS AND METHODS FOR BLOCKCHAIN WALLET OWNER VERIFICATION AND ACCESS MANAGEMENT
Organization Name
Inventor(s)
Jonah Burglin of Savannah GA (US)
Jordan Burglin of Phoenix AZ (US)
SYSTEMS AND METHODS FOR BLOCKCHAIN WALLET OWNER VERIFICATION AND ACCESS MANAGEMENT - A simplified explanation of the abstract
This abstract first appeared for US patent application 20240232413 titled 'SYSTEMS AND METHODS FOR BLOCKCHAIN WALLET OWNER VERIFICATION AND ACCESS MANAGEMENT
The abstract describes a central system that stores blockchain wallet addresses and verification statuses, as well as provides access management for client systems.
- The central system stores blockchain wallet addresses and their verification statuses.
- Access management is provided for client systems, including associating blockchain wallets with specific clients and storing access permissions.
- When a client system requests information about a blockchain wallet, the central system communicates the access permission for that wallet.
Potential Applications: This technology could be used in financial institutions, cryptocurrency exchanges, and identity verification services.
Problems Solved: This technology streamlines access management for blockchain wallets and enhances security by verifying owner identities.
Benefits: Improved security for blockchain wallets, efficient access management for client systems, and streamlined verification processes.
Commercial Applications: Title: "Blockchain Wallet Access Management System for Enhanced Security" This technology can be commercialized as a service for businesses dealing with blockchain transactions, offering enhanced security and streamlined access management.
Prior Art: Researchers can explore existing patents related to blockchain wallet security, access management systems, and identity verification technologies.
Frequently Updated Research: Stay updated on advancements in blockchain security, access management systems, and identity verification technologies to enhance the central system's capabilities.
Questions about Blockchain Wallet Access Management System: 1. How does this technology improve security for blockchain wallets?
- This technology enhances security by verifying owner identities and providing access permissions.
2. What are the potential applications of this system beyond blockchain transactions?
- This system could be applied in various industries requiring secure access management and identity verification processes.
Original Abstract Submitted
a central system includes processor(s) and a memory storing instructions. the instructions, when executed by the processor(s), cause the central system to: store blockchain wallet addresses for blockchain wallets; store a verification status of each blockchain wallet, where each verification status indicates whether the owner identity of the respective blockchain wallet has been verified; and provide access management for client systems. the access management includes, for each client system: associating a subset of the blockchain wallets with the client system, where the subset contains blockchain wallets that are enrolled with the client system, and storing an access permission for each enrolled blockchain wallet for the client system. the central system, in response to a request from a particular client system regarding a particular blockchain wallet, communicates, to the particular client system, the access permission for the particular blockchain wallet for the particular client system.
