Capital One Financial had no grants in digitalization as a theme in Q2 2024.

Recent Patents

Application: User authentication in decentralized computing system environment (Patent ID: US20240211564A1)

The patent filed by Capital One Financial Corp. describes a computing system that authenticates users before allowing blockchain functions, using biometric information, smart contracts, and network usage costs to prevent brute force attacks. The system increases network usage costs as authentication attempts fail, making it cost-prohibitive for malicious actors to conduct attacks. Additionally, the system employs biometric information for enhanced security during authentication processes.

The patent includes claims for a computing node in a distributed system that authenticates users using biometric information, smart contracts, and network usage costs. It outlines operations such as obtaining user information, generating authentication input requests, analyzing handwriting samples, and increasing network usage costs based on failed authentication attempts. The method also involves location-based authentication, anomaly detection models, and secret reproduction for user verification. Overall, the patent focuses on enhancing security measures in decentralized computing systems to deter malicious activities and ensure robust user authentication processes.

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