Invention Grant
- Patent Title: System for external validation of private-to-public transition protocols
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Application No.: US15049865Application Date: 2016-02-22
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Publication No.: US10440101B2Publication Date: 2019-10-08
- Inventor: Manu Jacob Kurian , Darrell Johnsrud
- Applicant: Bank of America Corporation
- Applicant Address: US NC Charlotte
- Assignee: Bank of America Corporation
- Current Assignee: Bank of America Corporation
- Current Assignee Address: US NC Charlotte
- Agency: Moore & Van Allen PLLC
- Agent Michael A. Springs; Peter B. Stewart
- Main IPC: H04L9/32
- IPC: H04L9/32 ; H04L29/08 ; G06Q40/00 ; G06Q40/06 ; G06F21/64

Abstract:
Embodiments of the invention are directed to a system, method, or computer program product for generating and using a block chain distributed network for tracking and validating protocols and other operations associated with the transition of one or more resources from being arranged in a consolidated, privately-held structure to being arrange and/or distributed in a publicly available structure. In example implementations, the block chain database is used and updated to reflect the status degree of completion of protocols associated with the identification, characterization, and dissemination of resource characteristics and resource shares, including the fractional distribution of resource portions to effectuate the efficient transition of a resource.
Public/Granted literature
- US20170244720A1 SYSTEM FOR EXTERNAL VALIDATION OF PRIVATE-TO-PUBLIC TRANSITION PROTOCOLS Public/Granted day:2017-08-24
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