Bank of America Corporation
Managing a third-party recipient digital resource vehicle via a distributed trust computing network
Last updated:
Abstract:
A system for managing a digital resource vehicle within a distributed trust computing network, such as a blockchain network or the like. The digital resource vehicle monitors for occurrence of output-triggering events and in response to determining the occurrence of event, determines output recipients, distribution portions and initiates execution of the resource events. The distributed trust computing network ensures immutability of the digital resource vehicle and provides a source of truth for verification/validation of triggering events and resulting resource events.
Status:
Grant
Type:
Utility
Filling date:
10 Sep 2019
Issue date:
8 Feb 2022