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:
Nov. 19, 2024
Filed:
Feb. 07, 2023
Wells Fargo Bank, N.a., San Francisco, CA (US);
Andrew J. Garner, IV, State Road, NC (US);
Chris Theodore Kalaboukis, San Jose, CA (US);
Rameshchandra Bhaskar Ketharaju, Hydedrabad, IN;
Joon Maeng, Newcastle, WA (US);
Ramanathan Ramanathan, Bellevue, WA (US);
Abhijit Rao, Irvine, CA (US);
Andres J. Saenz, Redmond, WA (US);
Wells Fargo Bank, N.A., San Francisco, CA (US);
Abstract
A method includes using a distributed computing system to form a syndicate, generate a unique identifier for each of a plurality of participants of the syndicate, receive a verification request comprising the unique identifier from each of the plurality of participants, verify that a respective entity is a node on the distributed computing system, receive loan terms templates from each of the plurality of participants, receive a plurality of data from each of the plurality of participants, identify a first subset of participants having an excess of funds and a second subset of participants having a lack of funds, and verify each of the first subset of participants and the second subset of participants. The method includes using a syndicate computing system to automatically execute at least one loan agreement between at least one of the first subset of participants and at least one of the second subset of participants.