Microsoft had 12 patents in blockchain during Q2 2024. Microsoft Corp’s patents filed in Q2 2024 focus on verifiable credentials, access control systems, and decryption key recovery. These technologies enable secure access to data by validating digital access requests, enforcing security policies, and providing access to encrypted resources based on specific attributes and location requirements. The patents also involve blind subpoenas and ensuring compliance with security policies through cryptographic verification. GlobalData’s report on Microsoft gives a 360-degree view of the company including its patenting strategy. Buy the report here.
Microsoft had no grants in blockchain as a theme in Q2 2024.
Recent Patents
Application: Sharing security settings between entities using verifiable credentials (Patent ID: US20240171406A1)
The patent filed by Microsoft describes a system where verifiable credentials are exchanged between entities to assess and verify the security posture of the second entity based on security settings implemented. The first verifiable credential, signed by the first entity using a decentralized identifier, includes a security indicator specifying the security posture of the second entity. A second verifiable credential embedding the first one is generated and provided to a third entity for verification, ensuring compliance with the security policies of the third entity.
The system involves the use of decentralized identifiers (DIDs) and public keys to verify the validity of the verifiable credentials exchanged between entities. The security indicator in the credentials specifies the security posture of the second entity based on implemented security settings. The exchange of verifiable credentials allows for the assessment of security compliance and posture, facilitating secure interactions between entities based on established security policies and settings.
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