Invention Grant
- Patent Title: Intelligent distributed ledger consent optimizing apparatus for asset transfer
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Application No.: US17335735Application Date: 2021-06-01
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Publication No.: US12020246B2Publication Date: 2024-06-25
- Inventor: Subrojyoti Dey , Prashant Khare , Kanika Manocha , Ankit Upadhyaya , Prashant Bidkar
- Applicant: Bank of America Corporation
- Applicant Address: US NC Charlotte
- Assignee: Bank of America Corporation
- Current Assignee: Bank of America Corporation
- Current Assignee Address: US NC Charlotte
- Agency: Banner & Witcoff, Ltd.
- Main IPC: G06Q20/38
- IPC: G06Q20/38 ; G06N3/02 ; G06Q20/10 ; G06V30/148 ; G06V30/10

Abstract:
Aspects of the disclosure relate to processing asset transfers. A computing platform may receive an asset transfer request, and may modify a distributed ledger to include a new block corresponding to the asset transfer request. The computing platform may identify, for each of a plurality of consensus methods, a subset of existing blocks that, when used to perform the corresponding consensus method, uses a minimum number of the existing blocks to perform the corresponding consensus method. The computing platform may store, in the distributed ledger, block combinations having the minimum number for each of the plurality of consensus methods, and may execute, using each corresponding identified subset of the existing blocks, each of the plurality of consensus methods. Based on establishing the consensus, the computing platform may direct an event processing platform to process the asset transfer request, which may cause the event processing platform to process the request.
Public/Granted literature
- US20220383302A1 Intelligent Distributed Ledger Consent Optimizing Apparatus for Asset Transfer Public/Granted day:2022-12-01
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