Invention Grant
- Patent Title: Method and system for decentralized transaction management in project resourcing
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Application No.: US17141781Application Date: 2021-01-05
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Publication No.: US11507923B2Publication Date: 2022-11-22
- Inventor: Rohini Trehan , Gopikrishnan Konnanath
- Applicant: Infosys Limited
- Applicant Address: IN Bangalore
- Assignee: Infosys Limited
- Current Assignee: Infosys Limited
- Current Assignee Address: IN Bangalore
- Agency: Troutman Pepper Hamilton Sanders LLP (Rochester)
- Priority: IN202041000439 20200106
- Main IPC: G06Q10/10
- IPC: G06Q10/10 ; G06F16/27 ; G06Q20/38 ; G06Q30/00 ; G06Q40/02 ; G06Q40/04 ; G06Q30/02

Abstract:
A method and system for decentralized transaction management in project resourcing is provided that ensures transparent and decentralized tracking of data across all stakeholders. It also provides ease of compliance for organizations on one hand, and ease of monitoring for the administrators on the other. Multiple beneficiaries and benefactors are registered with a primary administrator. Each beneficiary has a list of projects listed. A benefactor identifies a project which he wants to resource. The benefactor virtually transfers a unit of resource to a secondary administrator, for the identified project and receives credit points in exchange of the units of resource. The benefactor approves transfers of credit points to the identified project of a beneficiary. The beneficiary redeems the required credit points with the resource units. The secondary administrator will also validate the resources received by the beneficiary in exchange for the credit points.
Public/Granted literature
- US20210209557A1 METHOD AND SYSTEM FOR DECENTRALIZED TRANSACTION MANAGEMENT IN PROJECT RESOURCING Public/Granted day:2021-07-08
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