Radware had two patents in blockchain during Q1 2024. Radware Ltd’s patent involves a system for controlling access to a protected entity by granting access tokens to clients whose requests were initially denied. The system includes converting access tokens from one type to another based on specified parameters, ultimately allowing clients access to the protected entity upon receiving the converted tokens as payment. GlobalData’s report on Radware gives a 360-degree view of the company including its patenting strategy. Buy the report here.
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Radware grant share with blockchain as a theme is 50% in Q1 2024. Grant share is based on the ratio of number of grants to total number of patents.
Recent Patents
Application: Blockchain-based admission processes for protected entities (Patent ID: US20240064146A1)
The patent filed by Radware Ltd. describes a method and system for controlling access to a protected entity by a client. The method involves receiving a redirected request from the client, granting access tokens of a first type, converting these tokens into a second type based on a determined conversion value, and granting access to the protected entity when the second type of tokens is received as payment. The conversion value is determined based on access parameters, and the system includes processing circuitry and memory to execute these functions.
The method further includes validating the client based on predefined conditions, dynamically changing the conversion value based on access parameters, and logging the conversion transactions and values. The system also provides its public key to the client for secure communication. The claims detail the specific steps involved in the method, such as granting access tokens, converting them, and revoking access if necessary. The method aims to protect the entity from malicious threats while ensuring legitimate clients can access the protected entity securely.
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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.
