Bank of America Corporation
ENCRYPTED TAGGING SYSTEM FOR PROTECTION OF NETWORK-BASED RESOURCE TRANSFERS

Abstract:

Embodiments of the invention are directed to systems, methods, and computer program products for protection of network-based resource transfers via the use of encrypted tags. As such, the system allows for generation of unique encrypted tags which encode authorization parameters for denominations of electronic resources. The system may then authorize or deny requested network-based transfers by utilizing a decryption module to access the authorization parameters for a specific electronic resource denomination. Furthermore, the system may manipulate the encrypted tags to alter the authorization parameters or to track an electronic resource denomination across multiple network-based transfers.