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SYSTEMS AND METHODS FOR PUBLIC-FACING ACCREDITATION USING FINANCIAL INSTITUION DATA
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Abstract:
Disclosed are systems and methods for validating institutional or individual credentials and generating public facing electronic insignias representative of the validated credentials. Financial institutions maintain vast amounts of data regarding customers, and in particular data relating to financial history and performance. The disclosed systems and methods provide a novel framework for leveraging such data in order to generate and/or validate credential data. In some embodiments, an immutable ledger maintained at one or more databases in communication with financial institutions may store electronic credential records regarding an institution or individual that can be analyzed and accessed in order to assign an entity to a specific accreditation tier.
Utility
18 Jun 2020
23 Dec 2021