Mastercard International Incorporated

Ved Pratap Singh Chauhan

Jaipal Singh Kumawat

Vipul Mehrotra

Ankur Arora

Chandan Garg

Shreya Mittal

Shubham Jain

Blessy Vohra

Komalpreet Kaur

A method for improving consensus in a blockchain network through decentralized grouping includes: identifying, by each node of a plurality of nodes in a blockchain network that manages a blockchain, a plurality of groups, where each is comprised of a subset of nodes; generating, by each node in each subset of nodes, a new block for the blockchain; performing, by each subset of nodes, a first consensus operation among all nodes in the subset of nodes for the new block generated by in the subset of nodes to identify a group consensus block, where each node in the subset of nodes receives the group's group consensus block; and performing, by the blockchain network, a second consensus operation among all groups for the identified group consensus block to identify an overall consensus block, where a majority of groups of the plurality of groups receives the overall consensus block.

Method and system for grouping of blockchain nodes

A method for processing an electronic payment transaction includes: storing an account profile including a plurality of account numbers; receiving a first authorization request for a payment transaction that includes a first account number of the plurality of account numbers, a first time, and a first location; processing the first payment transaction; receiving a second authorization request for a different transaction including a second primary account number of the plurality of account numbers, a second time, and a second location, where the second account number is associated with a different issuer than the first account number; determining a likelihood of fraud based on the first time and location and the second time and location; and forwarding the second authorization request to the different issuer if the likelihood of fraud is below a threshold, or transmitting an authorization response indicating decline if the likelihood of fraud is above the threshold.

Method and system for transaction authorization via controlled blockchain

A method for opening a secured lockbox through a digital signature includes: storing, in a memory of a computing device in a lockbox, a public key of a cryptographic key pair; receiving, by an input device of the computing device, a digital signature from an external communication device; validating, by a processing device of the computing device, the digital signature using the public key of the cryptographic key pair; and transmitting, by a transmitter of the computing device, a signal to an electronic locking mechanism of the lockbox interfaced with the computing device; and opening, by the electronic locking mechanism of the lockbox, an electronic lock granting access to contents of the lockbox upon receipt of the signal.

Method and system for secure product delivery using cryptography

A method for project management using a blockchain includes: receiving a project request including a project stream comprised of a plurality of role assignments and an ordering for the role assignments, wherein each role assignment indicates a corresponding public key; generating a first digital token; transmitting the first digital token to a first computing device associated with a public key corresponding to a first role assignment based on the ordering; receiving data from the first computing device including a data file, return token, and digital signature; validating the return token based on the first digital token; validating the digital signature using the public key corresponding to the first role assignment; transmitting the data file to a node in a blockchain network; and transmitting a second digital token to a second computing device associated with a public key corresponding to a second role assignment based on the ordering.

Growing community of inventors

Uttar Pradesh, India

Ved Pratap Singh Chauhan