Proxy Number Tokens for Multi-Entity Transaction Authorization
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Solution Overview
Problem
Conventional transaction data systems struggle to effectively authorize multiple electronic transactions involving different entities using a single token, leading to failed transactions, excessive resource consumption, and reduced system response times.
Innovation Solution
A system that generates a proxy number token based on relationship data bindings, allowing it to be authorized for multiple transactions by determining modifiable relationships between entities using parameters such as merchant category codes and machine-learning models, thereby extending token validity beyond its initial entity association.
Engineering Contradictions & Design Principles
Engineering Contradiction Analysis
1Adaptability or versatility
If a single token is generated for a particular merchant or entity, then the token can be used for transactions with that specific entity, but the token cannot effectively authorize multiple electronic transactions with different entities
Solution Approach 1:
The patent implements a data binding mechanism that associates a token with multiple entities through configurable relationship data bindings. Instead of creating separate tokens for each entity, the system allows a single token to be bound to multiple entities via data bindings that define the relationships between the token and different entities. This enables the token to function universally across multiple entities while maintaining proper authorization controls.
Solution Approach 2:
The patent introduces data bindings as an intermediary layer between the token and entities. The data binding structure acts as a mediator that manages the relationships between a token and multiple entities, allowing the system to determine whether a token is valid for a given entity without requiring separate tokens. This intermediary mechanism resolves the contradiction by enabling multi-entity authorization while maintaining security and reliability.
2Reliability
If tokens are generated for each transaction or entity, then authorization reliability is maintained, but system resources are excessively consumed due to multiple token generations and error mediation
Solution Approach 1:
The patent merges the authorization function for multiple entities into a single token through data bindings. Instead of generating separate tokens for each entity or transaction, the system combines multiple entity authorizations into one token by establishing data bindings between the token and the entities. This reduces the number of tokens that need to be generated, stored, and managed, thereby improving system resource efficiency while maintaining authorization reliability.
Solution Approach 2:
The patent performs preliminary actions by pre-establishing data bindings between a token and multiple entities before transactions occur. The system configures the relationship data bindings in advance, defining which entities a token can authorize. This preliminary configuration eliminates the need for repeated token generation and error mediation during transactions, as the authorization relationships are already established and can be quickly validated.
3Device complexity
If conventional single-entity tokens are used, then token generation is simple, but failed transactions lead to excessive recurrences and reduced system response times
Solution Approach 1:
The patent introduces dynamic relationship data bindings that can be configured to match various entity types and transaction scenarios. The data binding structure allows for flexible, dynamic matching between tokens and entities based on configurable parameters such as entity type, transaction category, or specific entity identifiers. This dynamic approach enables the system to handle diverse authorization scenarios without increasing token generation complexity, while significantly reducing failed transactions and improving response times.
Data Source
AI summary
Disclosed herein are systems and methods for a system for authorizing proxy number token requests. The system may comprise a memory storing instructions and at least one processor configured to execute instructions to perform operations. These operations may comprise receiving a first request to use a proxy number token to complete a first action associated with a first entity; authorizing the first request; receiving a second request to use the proxy number token to complete a second action associated with a second entity; determining a modifiable relationship data binding associated with the first and second entities, the modifiable relationship data binding comprising multiple parameters; determining that the second request satisfies the parameters; and authorizing the second request based on a determination that the second request satisfies the parameters.