Weekly Real Estate News
Equity Protect, a Reno, Nevada-based provider of real estate fraud prevention and data security, announced the US Patent and Trademark Office has granted patents for its multi-computer processing technology designed to protect data from unauthorized modification.
The newly granted patents (Pub. No.: 2024/0273224 A1) cover Equity Protect’s proprietary encryption and data security system, which includes technology focusing on safeguarding tangible property assets by preventing unauthorized recording of ownership documents and monitoring changes in third-party databases related to asset addresses. The patents also cover a system that utilizes biometric data and other forms of authentication to ensure that requests to modify or remove security content are validated against the valid owner’s identity.
“This technology is groundbreaking – it incorporates a multi-factor authentication component for recorded documents, ensuring that any future modifications require subsequent approvals,” said Ryan Marshall, Equity Protect’s CEO.
