Bank of America Corporation (20240346497). DECENTRALIZED PLATFORM APPLICATION PROGRAMMING INTERFACE PROTOCOL FOR SECURE RESOURCE TRANSMISSIONS simplified abstract
DECENTRALIZED PLATFORM APPLICATION PROGRAMMING INTERFACE PROTOCOL FOR SECURE RESOURCE TRANSMISSIONS
Organization Name
Inventor(s)
Maneesh Sethia of Hyderabad (IN)
DECENTRALIZED PLATFORM APPLICATION PROGRAMMING INTERFACE PROTOCOL FOR SECURE RESOURCE TRANSMISSIONS - A simplified explanation of the abstract
This abstract first appeared for US patent application 20240346497 titled 'DECENTRALIZED PLATFORM APPLICATION PROGRAMMING INTERFACE PROTOCOL FOR SECURE RESOURCE TRANSMISSIONS
Simplified Explanation: The patent application describes a decentralized platform application programming interface protocol for secure resource transmissions. It involves embedding an authentication feature into a non-fungible token (NFT) that is transmitted to a user for secure communication.
Key Features and Innovation:
- Decentralized platform application programming interface protocol for secure resource transmission and tracing.
- Authentication feature embedded in a data JSON packet and NFT for secure communication.
- Use of encrypted URLs for accessing data packets.
- Validation of data packets for authentication and authorization.
- Storage of NFT generation and deployment on a distributed ledger.
Potential Applications: This technology can be applied in secure communication systems, blockchain networks, and decentralized platforms for resource tracking and authentication.
Problems Solved: The technology addresses the need for secure resource transmissions, authentication, and tracking in decentralized platforms.
Benefits:
- Enhanced security for resource transmissions.
- Efficient authentication and authorization processes.
- Transparent tracking of resources on a distributed ledger.
Commercial Applications: The technology can be utilized in industries such as finance, healthcare, supply chain management, and digital asset management for secure and transparent resource transactions.
Prior Art: Readers can explore prior art related to decentralized platforms, blockchain technology, and secure communication protocols for further insights into similar innovations.
Frequently Updated Research: Researchers are continuously exploring advancements in decentralized platforms, blockchain security, and secure communication protocols that may enhance the capabilities of this technology.
Questions about Decentralized Platform Application Programming Interface Protocol: 1. How does the authentication feature embedded in the NFT ensure secure resource transmissions? 2. What are the potential implications of storing NFT generation and deployment on a distributed ledger for resource tracking and authentication?
Original Abstract Submitted
embodiments of the invention are directed to systems, methods, and computer program products for a decentralized platform application programming interface protocol for secure resource transmissions. the invention provides a decentralized platform application programming interface protocol for secure resource transmission and tracing. the invention provides an authentication feature complied into a data json packet and embedded into a code configured non-fungible token (nft) that is then transmitted to a user with a prompt command to open an encrypted url associated with the nft. upon accessing the encrypted url, the system triggers the sender to a decentralized platform application programming interface allowing for communication across the decentralized platform application programming interface to validate the data packets between each other for authentication and authorization. the system further stores the nft generation and deployment on a distributed ledger. in this way, storing and tracking the movement of resources using a distributed ledger.
