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:
Dec. 17, 2024
Filed:
Oct. 21, 2021
Bank of America Corporation, Charlotte, NC (US);
Udaya Kumar Raju Ratnakaram, Telangana, IN;
Puneetha Polasa, Telangana, IN;
Sandeep Kumar Chauhan, Hyderabad, IN;
Bhagya Lakshmi Sudha Lavanya Mallidi, Hyderabad, IN;
Prashanthi Jambula, Hyderabad, IN;
Shravan Kumar Kondoju, Hyderabad, IN;
Bank of America Corporation, Charlotte, NC (US);
Abstract
Aspects of the disclosure relate to verifying external accounts in real-time using dynamic smart contracts. A computing platform may receive a consumer request to initiate a transaction, at an enterprise organization, with an entity associated with an account. The computing platform may use the received consumer request to generate a smart contract profile associated with the entity. The computing platform may use the smart contract profile associated with the entity to determine a trust score associated with the entity. The computing platform may gather data indicating external accounts associated with the entity. The computing platform may use the data indicating the external accounts associated with the entity to determine a confidence threshold value. The computing platform may compare the trust score associated with the entity to the confidence threshold value to verify the legitimacy of the account associated with the entity.