Bank of America Corporation
PERMISSIONED LEDGER FOR REAL-TIME RESOURCE DISTRIBUTION RECONCILIATION

Abstract:

Systems, computer program products, and methods are described herein for a permissioned ledger for real-time resource distribution reconciliation. The present invention is configured to receive, from a computing device of a user, an indication that the user has executed a resource transfer with a resource distribution entity; receive, from a computing device of the resource distribution entity, an artifact associated with the resource transfer; retrieve, from a repository, a distributed ledger associated with the user, wherein the distributed ledger comprises one or more blocks representing one or more artifacts associated with one or more resource distribution entities with whom the user has executed one or more resource transfers; generate a block associated with the resource transfer for the distributed ledger; and update the distributed ledger with the block associated with the resource transfer.