The patent badge is an abbreviated version of the USPTO patent document. The patent badge does contain a link to the full patent document.
The patent badge is an abbreviated version of the USPTO patent document. The patent badge covers the following: Patent number, Date patent was issued, Date patent was filed, Title of the patent, Applicant, Inventor, Assignee, Attorney firm, Primary examiner, Assistant examiner, CPCs, and Abstract. The patent badge does contain a link to the full patent document (in Adobe Acrobat format, aka pdf). To download or print any patent click here.
Patent No.:
Date of Patent:
Apr. 23, 2024
Filed:
Aug. 26, 2022
Bank of America Corporation, Charlotte, NC (US);
Joseph Benjamin Castinado, North Glenn, CO (US);
Charles Russell Kendall, Snoqualmie, WA (US);
Martha Sain McClellan, Lancaster, SC (US);
Lee Ann Proud, Ponte Vedra, FL (US);
Ayeesha Sachedina, New York, NY (US);
Calvin William Tackett, Jr., Rowlett, TX (US);
BANK OF AMERICA CORPORATION, Charlotte, NC (US);
Abstract
A system, computer program product, and method for executing real-time processing of resource transfers using distributed ledger technology is provided. In particular, the system utilizes a private or semi-private blockchain to create a distributed ledger which comprises a record of all resource transfers between a number of entities. The real-time processing system addresses a number of computer technology-centric challenges associated with executing resource transfers. In particular, executing resource transfers on a real-time basis allows the nodes of the blockchain to more evenly distribute computing workload over time when compared to more traditional resource transfer systems that use batch processing to execute transfers.