Intellectual Property India Publishes Patent Application for A Permissioned Distributed Ledger Based Pre-Authorized Refund Settlement System Using Hybrid Post-Quantum Cryptography

MUMBAI, India, Sept. 14 -- Intellectual Property India has published a patent application (202641000689 A) filed by Devadeth S G on January 04, 2026, for A Permissioned Distributed Ledger Based Pre-Authorized Refund Settlement System Using Hybrid Post-Quantum Cryptography.

Inventor includes Devadeth S G.

The application for the patent was published on September 11, 2026, under issue no. 37/2026.

Abstract: The present invention relates to a permissioned distributed ledger based automated refund settlement system configured as an integration layer for existing digital payment platforms. The system addresses transaction failure scenarios in which funds are successfully debited from a sender account but are not credited to an intended recipi...