Account Alias Conversion for Cross-Region Transaction Processing
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Solution Overview
Problem
The challenge lies in processing transactions across different regions with varying restrictions and regulations, where restricted data cannot be exported, hindering centralized transaction processing.
Innovation Solution
A system that converts restricted data into unrestricted aliases, allowing transactions to be processed centrally by converting restricted account identifiers into unrestricted account aliases, enabling data to be routed outside restricted zones for processing while ensuring compliance with local regulations.
Engineering Contradictions & Design Principles
Engineering Contradiction Analysis
1Productivity
If centralized transaction processing is implemented outside restricted zones, then transaction processing efficiency and quality improve, but restricted data cannot be exported from restricted zones violating local regulations
Solution Approach 1:
The patent introduces an intermediary account alias system that acts as a mediator between restricted data in restricted zones and centralized processing systems outside restricted zones. The account alias serves as a proxy that allows transaction processing to occur centrally while the actual restricted data remains within the restricted zone boundaries, thus maintaining regulatory compliance while enabling efficient centralized processing.
Solution Approach 2:
The patent segments the transaction processing system into multiple components: a restricted zone component that handles and converts restricted data into account aliases, and a centralized processing component outside the restricted zone that processes transactions using these aliases. This segmentation allows each component to operate within its regulatory constraints while contributing to overall system efficiency.
2Adaptability or versatility
If restricted data is converted to unrestricted aliases, then centralized processing becomes possible, but additional conversion infrastructure and complexity are required
Solution Approach 1:
The patent creates a universal account alias system that can be used across multiple restricted zones and different types of restricted data. Rather than implementing separate conversion mechanisms for each restricted zone or data type, the account alias serves as a universal intermediary that works across different jurisdictions and data formats, reducing overall system complexity despite the added conversion capability.
3Reliability
If local data processing is maintained in restricted zones, then data sovereignty and regulatory compliance are preserved, but infrastructure costs and processing limitations increase
Solution Approach 1:
The patent creates a virtual copy of the restricted data in the form of an account alias that can be transmitted and processed outside the restricted zone. Instead of moving or duplicating the actual restricted data, the system creates and processes a copy (the alias), which maintains data sovereignty compliance while enabling centralized processing capabilities that would otherwise require expensive local infrastructure.
Data Source
AI summary
Embodiments of the invention are directed to methods, apparatuses, computer readable media and systems for processing transactions using conversion or filtering of restricted information. One embodiment of the invention is directed to a method comprising receiving, at a server computer located outside a restricted zone, a transaction request message including an unrestricted account alias, wherein the unrestricted account alias was previously converted from a restricted account identifier into the unrestricted account alias by a server computer located in a restricted zone. The server computer located outside the restricted zone may determine an account associated with the unrestricted account alias and process the transaction request message. Similar methods may be applied to settlement files including an unrestricted account alias that is converted to a restricted account identifier. Other embodiments are directed to filtering restricted information from service requests or other transactions.