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1 results about "Decentralized computing" patented technology

Decentralized computing is the allocation of resources, both hardware and software, to each individual workstation, or office location. In contrast, centralized computing exists when the majority of functions are carried out, or obtained from a remote centralized location. Decentralized computing is a trend in modern-day business environments. This is the opposite of centralized computing, which was prevalent during the early days of computers. A decentralized computer system has many benefits over a conventional centralized network. Desktop computers have advanced so rapidly, that their potential performance far exceeds the requirements of most business applications. This results in most desktop computers remaining idle (in relation to their full potential). A decentralized system can use the potential of these systems to maximize efficiency. However, it is debatable whether these networks increase overall effectiveness.

Decentralized computing systems and methods for performing actions using stored private data

InactiveUS20220014367A1Key distribution for secure communicationPublic key for secure communicationEngineeringOne-time password
A distributed computing system is used to form a login network to perform an action for a user, using private data. The login network executes the verification using blockchain computing architecture, which is decentralized. The private data is stored on the blockchain in an obfuscated form. In order to compute the private data from the obfuscated form, multiple distributed private key shares are required to generate multiple decryption shares, which are combined to compute a One Time Pad (OTP). In turn, the OTP is used to obtain the private data from the obfuscated form.
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