Bank of America Corporation

Richard Huw Thomas

Joseph Benjamin Castinado

Manu Jacob Kurian

Victoria Lynn Dravneek

Julie Mann Keppner

Heather Roseann Dolan

James Gregory Ronca

Thomas E Durbin

William Bradley Burks

Tracy Beth Greene

Eric Eugene Sifford

Andrew S Heiman

Jason P Blackhurst

Mardochee Macxis

Craig Sobol

Brady Prentice Merkel

Jian James Chen

Sunil Mathur

Ty C Vaughan

Jan Vlcek

Venkatakrishnan Balasubramanian

Marcin Pietras

Mukesh Mittal

Richard Knafelz

Terrence Williamson

Anup Philip

Systems, computer program products, and methods are described herein for tracking and logging resource transfers in a distributed network. The present invention is configured to generate a distributed ledger associated with a resource identifier; receive a resource transfer associated with the resource identifier, the resource transfer comprising a resource transfer between a sender account and a recipient account; update the distributed ledger based on the resource transfer; and generate a resource token based on the distributed ledger.

Systems, methods, and apparatuses for tracking and logging resource transfers via a distributed network

Embodiments provide a system operatively connected with a block chain distributed network and for using the block chain distributed network for facilitating a person-to-person (P2P) alias-based resource allocation. Embodiments receive an event record associated with a P2P event between a first user and a second user. The event record comprises an alias associated with the first user and/or the second user. A distributed ledger is accessed that is updated based on communications from a block chain distributed network. An alias-to-entity mapping is retrieved from the accessed distributed ledger. The alias-to-entity mapping indicates at least an entity to which the alias is mapped. Based on the mapping the alias is determined to be at least partially valid. In some cases, embodiments determine that the alias corresponds to a resource depository number maintained by the entity in a private ledger and authorizes a resource event associated with the resource event request.

Block chain alias person-to-person resource allocation

A system for secure distributed resource asset mapping across network edge framework for authorized user access is provided. The system being configured to: receive a request from an external user to access a first distributed resource within a first zone of a network, wherein the request comprises authentication credentials associated with the external user and requested components of the first distributed resource; authorize the request from the external user based on the authentication credentials; collect the requested components of the first distributed resource in the first zone of the network based on the request; project the requested components across an edge from the first zone to a second zone of the network thereby forming a second distributed resource, wherein only the requested components of the first distributed resource are visible to the external user on the second distributed resource in the second zone; and extract data from the requested components.

System for selective mapping of distributed resources across network edge framework for authorized user access

A system for generating event-based linkages between discrete distributed resources for tailored data visibility is provided. The system comprises: a memory device with computer-readable program code stored thereon; a communication device connected to a network; and a processing device, wherein the processing device is configured to: establish a first distributed resource and a second distributed resource, wherein the first distributed resource and the second distributed resource have different data privacy requirements; identify an event associated with both the first distributed resource and the second distributed resource, wherein the event is added as a block on each of the first distributed resource and the second distributed resource; and generate a link, via the block associated with the event, between the first distributed resource and the second distributed resource based on identifying the event, wherein the link is a shared segment between the first distributed resource and the second distributed resource.

System for generating event-based linkages between distributed resources for tailored data access

Embodiments of the invention are directed to systems, methods and computer program products for implementing logic code within a resource disbursement limiter for integration into user mobile wallets via a third party mobile wallet system. The system provides a logic code within the presented resource disbursement limiter to the third party mobile wallet system for specific integration into a select user's mobile wallets and at selected locations within a list presented to the user via the mobile wallet. Furthermore, the system receives notification of use of the resource disbursement limiter and is pushed the acceptance for integration into the user resource storage.

System for priority presentation integration on third party systems for limiting resource disbursement

A closed-loop system is operatively connected with a block chain distributed network for using the block chain distributed network for facilitating operation of a transaction record sharing system. Host and source institutions function to supply a consolidated transaction record to a user in response to a request from a user to the host institution. The request is determined to meet a condition of the block chain thereby verifying the request. The verified request for a transaction record is transmitted to at least one source institution. The transaction record of the source institution is accessed by the host institution. A consolidated transaction record is communicated to the user based on the transaction record.

System for external secure access to process data network

Systems, computer program products, and methods are described herein for a system for control of device identity and usage in a process data network. The present invention is configured to receive an indication that a user has executed a transaction using a mobile device; receive a request to validate mobile device identity; retrieve financial credentials from the mobile device; retrieve device information associated with the mobile device used in the execution of the transaction; determine whether the retrieved financial credentials and the device information meet a condition of the block chain; receive an indication that the retrieved financial credentials and the device information meet the condition of the block chain thereby validating the request; and allow the execution of the transaction to be completed based on at least receiving the indication that the retrieved financial credentials and the device information meet the condition of the block chain.

System for control of device identity and usage in a process data network

The system includes a processor operable to receive a request from a customer to perform a cryptocurrency transaction with a third party. The processor may also retrieve block chain information associated with the cryptocurrency transaction. The processor may also determine the amount of cryptocurrency associated with the cryptocurrency transaction. The processor may further calculate a risk score for performing the cryptocurrency transaction based at least in part upon the block chain information and the amount of cryptocurrency.

Cryptocurrency risk detection system

An apparatus including an in-network transfer processor configured to receive a transfer request, a sender token, and a receiver token, to identify an institution associated with a sender based on the sender token, and to identify an institution associated with a receiver based on the receiver token. The in-network transfer processor is configured to facilitate an internal transfer to the sender when the sender and the receiver are the same user and to facilitate an internal transfer to the receiver when the sender and the receiver are different users. The in-network transfer processor is configured to facilitate a transfer to the receiver using service network resources when the membership for the institution associated with the receiver indicates an in-network institution and to facilitate a transfer to the institution associated with the receiver using secondary network resources when the membership for the institution associated with the receiver indicates an out-of-network institution.

Token-based routing for in-network authorization

A token-based routing system that includes an out-of-network transfer processor configured to receive a transfer request, a sender token, and a receiver token and to identify an institution associated with a sender based on the sender token. The out-of-network transfer processor is configured to determine a membership for an institution associated with a receiver based on the receiver token. The out-of-network transfer processor is configured to facilitate a transfer from the institution associated with the sender to the receiver using service network resources in response to determining that the membership for the institution associated with the receiver indicates an in-network institution. The out-of-network transfer processor is configured to facilitate a transfer from the institution associated with the sender to the institution associated with the receiver using secondary network resources in response to determining that the membership for the institution associated with the receiver indicates an out-of-network institution.

Token-based routing for out-of-network authorization

A closed-loop system is operatively connected with a block chain distributed network for using the block chain distributed network for facilitating operation of a transaction record sharing system between member institutions comprising a host system and a source system. Host and source institutions function to share the transaction records from member institutions such that a host institution that is a member of the block chain may obtain the transaction records of all source institutions of the block chain. The transaction records are validated on the block chain such that the transaction records are secure represent a source of truth.

System for external validation of secure process transactions

A system includes a memory and a processor. The memory may store a customer account associated with a customer and an enterprise account associated with an enterprise. The processor may be communicatively coupled to the memory and may cause the system to receive a request to deposit a first amount of a cryptocurrency in the customer account from the customer. The processor may also cause the system to determine a public key associated with the customer account and receive the first amount of the cryptocurrency. The processor may further cause the system to determine a first value approximately equivalent to the first amount of cryptocurrency and associate the first value with the customer account. The processor is further able to aggregate the first amount of cryptocurrency with an aggregated amount of the cryptocurrency in the enterprise account and facilitate securing the public key in the enterprise account.

Cryptocurrency aggregation system

A tokenization system that includes a tokenizer, a token and alias directory, and a network node. The tokenizer is configured to generate tokens. The token and alias directory is configured to store tokens. The network node is configured to receive user information for a user and to determine a membership for an institution associated with the user based on the user information. The network node is configured to send an authorization request to an authorization processor in response to determining that the membership for the institution associated with the receiver indicates an in-network institution and to receive an authorization approval in response to sending the authorization request. The network node is further configured to send a token request to the tokenizer, to receive a token in response to the token request, and to store the token in the token and alias directory.

Tokenization for network authorization routing

A system comprises a memory operable to store a customer account, a first float account, and a second float account. The system further comprises a processor communicatively coupled to the memory. The processor may receive an electronic request for a currency exchange and determine exchange rates for exchanging a first currency for a second currency. The processor may also determine an optimal exchange rate. In response to determining the optimal exchange rate, the processor may determine a first amount of the first currency and associate the first amount with the customer account. The processor may also transfer the first amount of the first currency into the first float account and determine a second amount of the second currency. The processor is further able to associate the second amount with the second float account and transfer the second amount of the second currency to the customer.

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Charlotte, NC, United States of America

Richard Huw Thomas