Parameta Assigned Patent

Parameta Corp., Seoul, Korea, has been assigned a patent (11995198) developed by Kim; Jong Hyup, Ryu; Hyeok Gon, Sohn; Byeongkil, Seongnam-si, Korea, Kim; Heyrim, Seoul, Korea, Ryu; Seungmin, Gwacheon-si, Korea, and Na; Sungyub, Seoul, Korea, for a “method of providing personal data storage service between a first user who is a data provider and a second user who is a data requester by using smart contract based on first layer and privacy layer and storage layer based on second layer, and storage node using the same.“

The abstract of the patent published by the U.S. Patent and Trademark Office states: “A method for providing a personal data storage service between a first user who is a data provider and a second user who is a data requester by using a smart contract based on a first layer and a privacy layer and a storage layer based on a second layer is provided. The method has an effect of generating encoded subject data made by encoding subject data by using a random key as an encryption key generated through a data provider terminal, to thereby prevent the personal storage service provider from decoding the subject data. Further, the method has another effect of saving the storage for use in PDS service, since there is no need to generate each of encoded encryption key and encoded subject data in line with each of data requester even if the number of data requesters increase by implementing using a proxy re-encryption technology.”

The patent application was filed on 2023-11-15 (18/510362).