DID-based family certification for financial services
Summary
The EPO published patent application EP2024111704A1 covering a method for providing financial services through decentralized identity (DID)-based family relationship certification. The invention enables financial institutions to verify family relationships using decentralized identity technology without centralized databases. The patent application has been filed and is now publicly available for examination.
What changed
The EPO published patent application EP2024111704A1 for a method and apparatus enabling financial services through DID-based (Decentralized Identity) family relationship certification. The system allows verification of family relationships without centralized identity databases, using cryptographic verification methods. The application covers multiple IPC classifications including G06Q (financial services), G06F (security), and G06N (machine learning) technologies.
Financial institutions and fintech companies should monitor this patent publication as it may affect future product development in decentralized identity verification for financial services. The patent's broad coverage of DID applications in financial services could create licensing requirements or potential infringement risks for companies developing similar family certification or relationship verification systems.
What to do next
- Monitor for patent grant proceedings
- Review IP portfolio for overlapping decentralized identity patents
- Evaluate licensing opportunities for DID family certification technology
Archived snapshot
Apr 9, 2026GovPing captured this document from the original source. If the source has since changed or been removed, this is the text as it existed at that time.
METHOD FOR PROVIDING FINANCIAL SERVICE THROUGH DID-BASED FAMILY RELATIONSHIP CERTIFICATION, AND APPARATUS FOR IMPLEMENTING SAME
Publication EP2024111704A1 Kind: A1 Apr 01, 2026
Inventors
The designation of the inventor has not yet been filed
IPC Classifications
G06Q 40/02 20230101AFI20240531BHEP G06F 21/33 20130101ALI20240531BHEP G06Q 50/18 20120101ALI20240531BHEP G06Q 50/26 20240101ALI20240531BHEP G06Q 30/02 20230101ALI20240531BHEP G06Q 20/36 20120101ALI20240531BHEP G06N 20/00 20190101ALI20240531BHEP
Designated States
AL, AT, BE, BG, CH, CY, CZ, DE, DK, EE, ES, FI, FR, GB, GR, HR, HU, IE, IS, IT, LI, LT, LU, LV, MC, ME, MK, MT, NL, NO, PL, PT, RO, RS, SE, SI, SK, SM, TR
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