Cybersecurity firm Forcepoint awarded Blockchain Patent by USPTO

Documents published from the United States Patent and Trademark Office (USPTO) on April 16 show that Texas-based cybersecurity firm Forcepoint was given a blockchain-related patent.

Forcepoint is possessed by U.S. defense contractor Raytheon and private equity company Vista Equity Partners, and Crunchbase quotes its annual revenue to be $600 million.

The machine described in the patent seems to be an intricate user behavior tracking and management system. The machine would aim to save info about electronically-observable user interactions then use this information to spot known great, anomalous and malevolent consumer activities to improve the system's cybersecurity.

Also Read: Survey reveals Less than 3% of American Retirees own BTC, While 33% doesn’t have Idea what it is

Some variations of this system use blockchain technologies, according to the patent:

“In certain embodiments, the association of the additional context may be accomplished via a blockchain block within a user behavior profile blockchain […] implemented with appropriate time stamping to allow for versioning over time.”

What's more, the patent also gives the potential for saving user behavior information on the blockchain right, noting the benefits of this solution would be immutability and tamper-evident.

According we have reported earlier, electronic obligations giant PayPal has won a cybersecurity patent to safeguard customers from crypto ransomware.

Also Read: FPT Corporation along with SBI Holdings Invest $3 Million in Vietnamese Startup Utop

Additionally, at the start of the present month, international consulting firm Accenture has patented two options focused on blockchain interoperability.

Source