TBOL, Inc. (20240320708). SECURE MULTI-FACTOR TOKENIZATION-BASED PUSH/ RESPONSE COMMERCE PLATFORM simplified abstract
Contents
SECURE MULTI-FACTOR TOKENIZATION-BASED PUSH/ RESPONSE COMMERCE PLATFORM
Organization Name
Inventor(s)
Shaunt M. Sarkissian of Reno NV (US)
SECURE MULTI-FACTOR TOKENIZATION-BASED PUSH/ RESPONSE COMMERCE PLATFORM - A simplified explanation of the abstract
This abstract first appeared for US patent application 20240320708 titled 'SECURE MULTI-FACTOR TOKENIZATION-BASED PUSH/ RESPONSE COMMERCE PLATFORM
The abstract describes a system that allows users to securely make online purchases directly through accessing an online advertisement without being redirected to multiple webpages.
- Commerce Ads Engine (CA Engine) interfaces with the user through an associated app, allowing for seamless transactions.
- Tokenization platform provides authentication for the user during the purchase process.
- Merchants provide relevant offer and checkout information about products being advertised in online ads.
- New information embedded in online advertisements allows for reliable user authentication without multiple website redirections.
Potential Applications: - Streamlining online shopping experiences - Enhancing security for online transactions - Improving user convenience and efficiency in e-commerce
Problems Solved: - Eliminating the need for multiple webpage redirections during online purchases - Enhancing user authentication and security in online transactions
Benefits: - Simplified online shopping process - Enhanced user experience - Increased security for online transactions
Commercial Applications: Title: Enhanced Secure Online Shopping System This technology can be utilized by e-commerce platforms, online retailers, and digital advertising companies to improve the efficiency and security of online transactions, leading to increased customer satisfaction and trust in the online shopping process.
Questions about the Enhanced Secure Online Shopping System: 1. How does this system improve user authentication during online purchases? - The system utilizes a tokenization platform for authentication, ensuring secure transactions without the need for multiple webpage redirections. 2. What are the potential benefits for merchants using this system? - Merchants can provide relevant offer and checkout information in online ads, enhancing user experience and increasing conversion rates.
Original Abstract Submitted
example methods, apparatuses, and systems are presented that allows a user to make a secure purchase online, directly through accessing an online advertisement and without being redirected to multiple, cumbersome webpages to process different pieces of information to complete the transaction, while still leveraging existing e-commerce entities, such as existing payment platforms and existing ad/content networks. the present system includes a commerce ads engine (ca engine) that interfaces with the user through an app associated with the ca engine, a tokenization platform for authentication of the user, and a merchant providing relevant offer and check out information about a product being advertised in an online ad. the present system integrates new information embedded into online advertisements that interfaces with the ca engine and allows for the user to reliably provide authentication while purchasing the desired product, and without accessing or being redirected to multiple websites as is conventionally done.
