Bank of America Corporation

Nicholas Stephen Rose

James J Siekman

Sanjay Arjun Lohar

Pamela Elizabeth Barnes

Marabella Youkhaneh White

A system is provided for authentication of resource transfers using tokenization as indicator of authorized resource distribution. In particular, the system may be configured to generate a secure transferor token on a distributed register, where each transferor token may be associated with a resource transferor within a virtual environment. The transferor token may be digitally signed using a transferor private key such that the transferor may be authenticated by entities using the corresponding public key. The system may further generate a secure token associated with the resource to be transferred, where the token associated with the resource may specify a list of authorized transferors as one of its parameters. Accordingly, the system may ensure that resources are transferred by authorized transferors.

Growing community of inventors

Charlotte, NC, United States of America

Nicholas Stephen Rose