MUMBAI, India, July 13 -- Intellectual Property India has published a patent application (202621061073 A) filed by Symbiosis International Deemed University on May 13, 2026, for A System For Enabling Inclusive Financial Technology Using An Integrated Inclusive Fintech Framework.
Inventors include Ms. Kankana Banerjee; and Dr. V. V. Ravi Kumar.
The application for the patent was published on July 10, 2026, under issue no. 28/2026.
Abstract: ABSTRACT A SYSTEM FOR ENABLING INCLUSIVE FINANCIAL TECHNOLOGY USING AN INTEGRATED INCLUSIVE FINTECH FRAMEWORK The present invention relates to an integrated inclusive financial technology framework (100) comprising a low-power edge computing device (101) with embedded biometric sensor array (102), an offline-capable secure element (103), a multi-modal communication interface (104) supporting GSM, USSD, NFC and satellite links, a distributed ledger synchronization module (105), an adaptive credit scoring hardware accelerator (106), and a context-aware language translation unit (107). The framework addresses the technical problem of delivering reliable financial services to populations residing in bandwidth-constrained, identity-deficient, and infrastructure-limited regions. A hardware-accelerated consensus engine (200) reconciles offline transactions upon reconnection, achieving sub-second validation with cryptographic integrity. The system reduces onboarding latency by approximately seventy percent and enables transactions using forty milliwatt peak power. Applications include rural micro-lending, agricultural remittance, social-benefit disbursement, and cross-border worker payments across agricultural, retail, healthcare, and governmental sectors. The framework achieves deterministic throughput under intermittent connectivity. [
Disclaimer: Curated by HT Syndication.
