Encrypted Tagging System for Secure Network Resource Transfers
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Solution Overview
Problem
Network-based resource transfers often lack adequate security, leading to unauthorized transactions due to the lack of effective protection mechanisms.
Innovation Solution
An encrypted tagging system is implemented, where an encrypted tag is generated for electronic resources, decrypted to verify the criteria for acceptable use, and remedial actions are taken for unauthorized transfers, including invalidating or tracking resource amounts.
Engineering Contradictions & Design Principles
Engineering Contradiction Analysis
1Ease of operation
If network-based resource transfers are enabled to provide anonymity and accessibility, then ease of operation is improved, but security and protection against unauthorized transfers deteriorate
Solution Approach 1:
The system generates encrypted tags with usage criteria before resource transfers occur. These tags are attached to electronic resources in advance, establishing authorization parameters, denomination limits, and acceptable use conditions prior to any transfer. When a transfer is requested, the system automatically verifies these pre-established criteria, enabling secure anonymous transfers without real-time manual approval.
Solution Approach 2:
The encrypted tag serves as an intermediary mechanism between the resource holder and the receiving system. Instead of requiring direct verification of resource legitimacy or establishing trusted connections between parties, the tag acts as a self-contained carrier of authorization information that can be independently validated, enabling secure anonymous transfers through indirect verification.
2Reliability
If encrypted tags with detailed usage criteria are implemented, then security and protection are improved, but device complexity and processing requirements worsen
Solution Approach 1:
The authorization information is segmented into discrete encrypted tags that can be independently generated, attached, and verified. Each tag contains specific usage criteria (denomination, acceptable uses, authorization parameters) as separate data elements, allowing the system to process and validate individual tags without handling complex holistic authorization structures.
Solution Approach 2:
The system uses encrypted tags as simplified copies or representations of complex authorization data. Instead of transferring or verifying actual resource ownership proofs or detailed authorization contracts, the system validates compact encrypted tag structures that encapsulate the essential authorization criteria, reducing processing complexity while maintaining security.
3Reliability
If real-time verification of transfer criteria is performed, then protection against unauthorized transfers is improved, but processing time and productivity worsen
Solution Approach 1:
All authorization criteria are established and encrypted in advance during tag generation. The tag contains pre-validated usage conditions (denomination limits, acceptable recipient categories, permitted transaction types) that are decoded and verified automatically during transfer. This eliminates the need for real-time authorization decisions or complex validation logic during the actual transfer moment.
Solution Approach 2:
The encrypted tag is self-contained with all necessary authorization information embedded within it. During transfer verification, the receiving system independently decodes and validates the tag criteria without requiring external authorization services, manual approval workflows, or real-time communication with resource owners. The tag essentially verifies itself against the transfer parameters.
Data Source
AI summary
Embodiments of the invention are directed to systems, methods, and computer program products for protection of network-based resource transfers via the use of encrypted tags. As such, the system allows for generation of unique encrypted tags which encode authorization parameters for denominations of electronic resources. The system may then authorize or deny requested network-based transfers by utilizing a decryption module to access the authorization parameters for a specific electronic resource denomination. Furthermore, the system may manipulate the encrypted tags to alter the authorization parameters or to track an electronic resource denomination across multiple network-based transfers.