US20240372841
2024-11-07
Electricity
H04L63/0471
The patent application introduces a zero-knowledge data management network that allows users to share verifiable proof of data and identity information securely. Businesses can request and act on this data without accessing the raw sensitive information, ensuring privacy and security. The system uses encryption techniques to ensure that only intended recipients can view the data, with recipients being selectable even after data storage.
A storage server receives encrypted source data from a source device, which remains unreadable by any device other than the source. The server can convert this data into a format readable only by a specific recipient device using a conversion key. This conversion ensures that sensitive information is shared securely and is only accessible to authorized recipients.
The source data is encrypted using a source encryption key, and the storage server cannot decrypt it. A rekeying key, created by combining the source's decryption key and the recipient's public key, allows the server to re-encrypt the data for the recipient. This process ensures that only the recipient can decrypt and access the original source data.
In financial transactions, the system ensures that neither the buyer's financial details nor the seller's service details are exposed to unauthorized parties. A storage server facilitates communication between buyer devices and financial institutions securely, ensuring that invoices are processed without revealing sensitive information to intermediaries.