Capital One Services, LLC (20240250820). SHARING AND REQUESTING PRIVATE DATA USING CRYPTOGRAPHY simplified abstract
Contents
SHARING AND REQUESTING PRIVATE DATA USING CRYPTOGRAPHY
Organization Name
Inventor(s)
Kevin Osborn of Newton Highlands MA (US)
Xiaoguang Zhu of New York NY (US)
Samuel Rapowitz of Roswell GA (US)
SHARING AND REQUESTING PRIVATE DATA USING CRYPTOGRAPHY - A simplified explanation of the abstract
This abstract first appeared for US patent application 20240250820 titled 'SHARING AND REQUESTING PRIVATE DATA USING CRYPTOGRAPHY
The abstract describes a method and system for an access control system that can receive a blockchain operation request from a device associated with a cryptography-based storage application. The request includes an identifier of a cryptographic token storing encrypted verification data. The system uses the address associated with the storage application to send the verification data, decrypt it, and generate an encoding for comparison with the original data to generate an authentication confirmation.
- Cryptography-based storage application
- Blockchain operation request
- Encrypted verification data
- Public key encryption
- Authentication confirmation
- Potential Applications:**
This technology can be applied in secure data storage and verification systems, digital asset management, and blockchain-based authentication processes.
- Problems Solved:**
This technology addresses the need for secure access control systems for encrypted data stored in blockchain applications, ensuring data integrity and authentication.
- Benefits:**
- Enhanced security for encrypted data storage - Efficient authentication processes - Seamless integration with blockchain applications
- Commercial Applications:**
Title: Secure Access Control System for Blockchain Applications This technology can be utilized by blockchain companies, data storage providers, and cybersecurity firms to enhance the security and integrity of their systems.
- Prior Art:**
Researchers can explore prior art related to access control systems, blockchain encryption methods, and cryptographic token verification processes.
- Frequently Updated Research:**
Stay updated on advancements in blockchain security, encryption technologies, and access control systems to enhance the efficiency and effectiveness of this technology.
- Questions about Secure Access Control System for Blockchain Applications:**
1. How does this technology improve data security in blockchain applications? 2. What are the potential implications of this technology for cybersecurity firms and data storage providers?
Original Abstract Submitted
methods and systems are described herein for an access control system that may receive, from a device associated with a cryptography-based storage application, a blockchain operation request. the blockchain operation request may include an identifier of a cryptographic token (e.g., non-fungible token) that may store encrypted verification data encrypted using a public key associated with the cryptography-based storage application. the access control system may use an address associated with the cryptography-based storage application to send the verification data so that the verification data is decrypted and a first encoding of the decrypted data is generated by the device associated with the cryptography-based storage application. the access control system may then compare that first encoding with a second encoding made from the original verification data, and, based on the first encoding matching the second encoding, generate an authentication confirmation.
