System and method for utilizing connected devices to enable secure and anonymous electronic interaction in a decentralized manner

A system and method for utilizing connected devices to enable secure and anonymous electronic interaction in a decentralized manner without the need for usernames and passwords. The method comprises Blockchain, Merkle Trees and Public Key infrastructures and methods that utilize peer-to-peer network...

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Bibliographische Detailangaben
Hauptverfasser: Zankowicz, Josef, Fallah, Jay, Rankine, Scott
Format: Patent
Sprache:eng
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Beschreibung
Zusammenfassung:A system and method for utilizing connected devices to enable secure and anonymous electronic interaction in a decentralized manner without the need for usernames and passwords. The method comprises Blockchain, Merkle Trees and Public Key infrastructures and methods that utilize peer-to-peer network protocols. The methods include interactions of two self-sovereign identity groups; persons and devices, with each having their own authorization layer. The devices employ two domains of identity and authorization with each said device having its own self-assigned machine identity. There are three domains of Identity, Authentication and Authorization employed for persons. The final linking of the two groups requires access to be granted by the device in a distributed autonomous manner.