System and Method to Facilitate an Account Protection Check Through Blockchain

A system and a method are provided for facilitating an account protection check through blockchain. The system and the method allow a service provider to utilize blockchain technology to validate the access request to various accounts. A public key and a private key are generated and recorded by a b...

Ausführliche Beschreibung

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Bibliographische Detailangaben
Hauptverfasser: Hudson, Bill, Hazar, David, Sholtis, Steven
Format: Patent
Sprache:eng
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Beschreibung
Zusammenfassung:A system and a method are provided for facilitating an account protection check through blockchain. The system and the method allow a service provider to utilize blockchain technology to validate the access request to various accounts. A public key and a private key are generated and recorded by a blockchain ledger that are used to access the accounts. A third-party server of a service provider requests a token from the system before the authentication process. If the credential set is in a locked status or unlocked status, at least one remote server of the system respectively relays an invalidation token or a validation token to the third-party server. If the invalidation token is relayed to the third-party server, the service provider does not go through the authentication process. If the validation token is relayed to the third-party server, the service provider proceeds with the authentication process as standard procedure.