Radware had two patents in digitalization during Q1 2024. The patent filed by Radware Ltd in Q1 2024 involves a system for controlling access to a protected entity. This system includes granting access tokens to a client whose request was initially denied, converting these tokens into a different type based on specified parameters, and allowing 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 digitalization 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 conversion value determined by access parameters, and granting access to the protected entity when the second type of tokens is received as payment. The system includes processing circuitry and memory containing instructions to carry out these steps, ensuring secure access to the protected entity while protecting against malicious threats.
Furthermore, the method includes validating the client based on predefined conditions before granting access tokens, with the conversion transaction involving transaction data and hash values. The access system also provides its public key to the client, enhancing security measures. The dynamic adjustment of the conversion value based on access parameters and the logging of conversion transactions and values are additional features of the method and system, ensuring efficient and secure access control mechanisms for protected entities.
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GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.
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.
