IP Library › Granted Patent US 11,481,499
Granted Patent B2
US 11,481,499 · App. 16/532,075 · Granted Oct 25, 2022

Blockchain security system

Inventors: Yue Li (Foster City, CA); Theodore Harris (Foster City, CA); Tatiana Korolevskaya (Foster City, CA)
Assignee: VISA INTERNATIONAL SERVICE ASSOCIATION
G06F21/577G06Q40/06G06F2221/034G06N20/00
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Quick Facts
Patent No.
US 11,481,499
App. No.
16/532,075
Granted
Oct 25, 2022
Kind
B2
Abstract

A first node on the blockchain storage system node may include data from other blocks on the blockchain used for blockchain verification and an additional node which may include an analysis element. The analysis element may include computer executable code for receiving data added to the blockchain, determining a risk score for the data added to the blockchain based on past performance and in response to the risk score being over a threshold, alerting members of blockchain of the risk score.

Claims (32)

1. A blockchain storage system comprising:

a first node on the blockchain storage system node comprising data from other blocks on the blockchain used for blockchain verification;

an additional node on the blockchain storage system node comprising:

an analysis element comprising computer executable code for:

receiving data added to the blockchain storage system, wherein the data comprises a contract based transaction executable on the blockchain storage system;

iteratively reviewing the data in comparison to a plurality of training groups of past data in a memory of the blockchain storage system;

refining a previous risk score based on the iterative review of the data in comparison to the plurality of training groups of past data in the memory of the blockchain storage system to determine a particular risk score; and

in response to the particular risk score being over a threshold, alerting members of blockchain storage system of the particular risk score, and canceling the contract based transaction executing on the blockchain storage system.

2. The blockchain storage system of claim 1 , wherein the data comprises metadata.

3. The blockchain storage system of claim 1 , wherein the data comprises ownership data.

4. A method of analyzing a blockchain storage system based transaction comprising:

gathering transaction data for a transaction wherein the transaction data comprises participant data and transaction data;

creating a blockchain model to represent the transaction using previous models as a template;

creating a risk analysis rating comprising analyzing the transaction data and the participant data;

iteratively reviewing the transaction data in comparison to a plurality of training groups of past transaction data in a memory of the blockchain storage system;

refining a previous risk analysis rating based on the iterative review of the transaction data in comparison to the plurality of training groups of past transaction data in the memory of the blockchain storage system to determine a particular risk analysis rating;

storing the particular risk analysis rating in the blockchain storage system; and

communicating the particular risk analysis rating to members of the transactions;

wherein the transaction data comprises a contract based transaction executable on the blockchain storage system; and

wherein if the particular risk score is over a threshold, canceling the contract based transaction executing on the blockchain storage system.

5. The method of claim 4 , wherein the transaction data comprises metadata.

6. The method of claim 4 , wherein the transaction data comprises ownership data.

7. A blockchain storage system comprising a processor physically configured according to computer executable instructions, a memory and an input-output circuit, the system comprising:

a first node on the blockchain storage system node comprising data from other blocks on the blockchain storage system used for blockchain verification; and

an additional node comprising:

an analysis element comprising computer executable code for:

receiving data added to the blockchain storage system, wherein the data comprises a contract based transaction executable on the blockchain storage system;

iteratively reviewing the data in comparison to a plurality of training groups of past data in a memory of the blockchain storage system;

refining a previous risk score based on the iterative review of the data in comparison to the plurality of training groups of past data in the memory of the blockchain storage system to determine a particular risk score; and

in response to the particular risk score being over a threshold, alerting members of blockchain storage system of the particular risk score, and canceling the contract based transaction executing on the blockchain storage system.

8. The blockchain storage system of claim 7 , wherein the data comprises metadata.

9. The blockchain storage system of claim 7 , wherein the data comprises ownership data.

Assignments (1)
ASSIGNMENT OF ASSIGNOR'S INTEREST Recorded Sep 26, 2019
From: LI, YUE; HARRIS, THEODORE; KOROLEVSKAYA, TATIANA
To: VISA INTERNATIONAL SERVICE ASSOCIATION
Reel/Frame 050496/0987 →
Continuity (1)
Related Publication 20210042421A1 · Feb 11, 2021
Cited By (1)
US 12,406,070