Unknown Organization (20240297787). BLOCKCHAIN-BASED AUTHENTICATION SYSTEM AND METHOD simplified abstract
Contents
BLOCKCHAIN-BASED AUTHENTICATION SYSTEM AND METHOD
Organization Name
Inventor(s)
Steven Ali Ghabel of Miami FL (US)
BLOCKCHAIN-BASED AUTHENTICATION SYSTEM AND METHOD - A simplified explanation of the abstract
This abstract first appeared for US patent application 20240297787 titled 'BLOCKCHAIN-BASED AUTHENTICATION SYSTEM AND METHOD
The abstract describes a blockchain-based authentication system that offers immutable accounting of authenticity, provenance, chain of custody, and ownership for products, easily integrated into various products and services with minimal disruption to existing business processes. The system utilizes unique key pairings that cannot be duplicated and may include a cloud-based software solution.
- Provides immutable accounting of authenticity, provenance, chain of custody, and ownership for products
- Easily implemented into a wide range of products and services with low impact to existing business processes
- Uses unique key pairings that cannot be duplicated
- May include a cloud-based software solution
Potential Applications: - Supply chain management - Anti-counterfeiting measures - Product authentication and verification
Problems Solved: - Ensures authenticity and provenance of products - Prevents counterfeiting and fraud - Simplifies chain of custody tracking
Benefits: - Enhanced product trust and transparency - Improved security and accountability - Streamlined business processes
Commercial Applications: Title: Blockchain-Based Authentication System for Enhanced Product Trust This technology can be applied in industries such as pharmaceuticals, luxury goods, and electronics to ensure product authenticity and combat counterfeiting. It can also be used in logistics and supply chain management to track the chain of custody and enhance transparency.
Questions about Blockchain-Based Authentication System: 1. How does the unique key pairing system prevent duplication and ensure security? 2. What are the potential challenges in implementing this blockchain-based authentication system in different industries?
Original Abstract Submitted
a blockchain-based authentication system and method is disclosed herein. the blockchain-based authentication system may provide immutable accounting of authenticity, provenance, chain of custody, and ownership for products, which is quickly and simply implemented into a wide range of products and services with low impact to existing business processes. the blockchain-based authentication system may use unique key pairings that cannot be duplicated. in one or more embodiments, the blockchain-based authentication system may include a cloud-based software solution.
