KakaoBank. has filed a patent for a group account service providing server that can convert a private account into a group account in real-time through a terminal. The invention includes features like account management, transaction ledger management, and virtual ledger generation. GlobalData’s report on KakaoBank gives a 360-degree view of the company including its patenting strategy. Buy the report here.
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According to GlobalData’s company profile on KakaoBank, Virtual banking assistant was a key innovation area identified from patents. KakaoBank's grant share as of January 2024 was 30%. Grant share is based on the ratio of number of grants to total number of patents.
Group account service conversion system for kakaobank
The patent application (Publication Number: US20240013291A1) describes a user terminal with a graphical user interface (GUI) designed for secure data communication with a server in a communication network. The user terminal includes a communication unit, memory storing instructions, and a processor executing these instructions to enable the server to generate multiple graphical messenger profiles representing participants in a group account. These profiles are displayed on the user terminal's screen, with overlapping locations to provide a visual representation of the group's members.
Furthermore, the user terminal allows for the conversion of a private account into a group account, facilitating joint access by multiple users. The processor controls the communication unit to send account conversion requests to the server, leading to the creation of group account information sets stored in both a transaction ledger and a virtual ledger. Real-time monitoring of changes in the group account information ensures that updated data is promptly reflected on the user terminal's screen. Additionally, the GUI includes screens for account management, transaction history display, and user input for desired changes, enhancing user interaction and control over the group account settings. The method also includes features such as masking sensitive information and providing real-time updates to users across different terminals, ensuring secure and efficient data communication within the network.
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GlobalData Patent Analytics tracks bibliographic data, legal events data, point in time patent ownerships, and backward and forward citations from global patenting offices. Textual analysis and official patent classifications are used to group patents into key thematic areas and link them to specific companies across the world’s largest industries.
