Open Text had 37 patents in cybersecurity during Q1 2024. Open Text Corp’s patents in Q1 2024 focus on securing distributed blockchain ledgers, analyzing processor behavior, multi-factor authentication, identifying anomalies in thread patterns, and providing a smart cache with variable time to live based on reputation and category information. GlobalData’s report on Open Text gives a 360-degree view of the company including its patenting strategy. Buy the report here.
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Open Text grant share with cybersecurity as a theme is 43% in Q1 2024. Grant share is based on the ratio of number of grants to total number of patents.
Recent Patents
Application: Private secure blockchain (Patent ID: US20240106631A1)
The patent by Open Text Corp describes a system for securing a distributed blockchain ledger where a first node validates all remaining nodes in the ledger. This validation process can involve exchanging encrypted packages for unique session keys or receiving split-key fragments from all nodes to generate a common key for validation. The system allows for adding new nodes by distributing split-key fragments and regenerating them if necessary, ensuring secure connections without a consensus protocol.
The method outlined in the patent involves the validation of all remaining nodes in a distributed blockchain ledger by a first node to secure the ledger. This validation can be done through exchanging encrypted packages or receiving split-key fragments from all nodes. The method also includes adding new nodes by distributing split-key fragments and ensuring secure connections among all nodes without the need for a consensus protocol. The patent emphasizes the use of unique session keys and common keys generated from split-key fragments for validation, enhancing the security of the blockchain ledger.
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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.
