SYSTEM FOR HARNESSING A CONNECTED NETWORK TO SECURELY VERIFY A TRANSACTION
Number of patents in Portfolio can not be more than 2000
United States of America
Stats
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N/A
Issued Date -
Mar 31, 2022
app pub date -
Sep 29, 2020
filing date -
Sep 29, 2020
priority date (Note) -
Published
status (Latency Note)
Importance
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US Family Size
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Non-US Coverage
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Abstract
A method for harnessing a connected network to securely verify and execute a transaction is provided. The method may include requesting a PIN from a mobile device. The request may be transmitted via a USSD message. The method may also include receiving the PIN from the mobile device. The PIN may be received via a response to the USSD message. The method may also include authenticating the mobile device. The method may also include accessing a third-party network to verify an authentication status of the mobile device. The third-party network may include a plurality of IoT endpoints. Each IoT endpoint may include a stored verification usage process. The stored verification usage process may relate to a user associated with the mobile device. The method may also include executing the transaction upon receipt of an authentication signal from the third-party network.
First Claim
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