Bank of America Corporation
System for validated tracking and management of events associated with equipment during lifetime usage

Last updated:

Abstract:

Validated tracking and managing of events associated with equipment during a usage lifetime. Equipment is registered within a distributed register/ledger of a distributed trust network according to an equipment identifier and subsequently events related to the equipment are registered and managed within the distributed register/ledger during the usage lifetime. Such events include resource arrangement-related events and property-right-related events. In addition, logic may be included in the distributed register/leger that triggers various actions in response to the events.

Status:
Grant
Type:

Utility

Filling date:

26 Mar 2020

Issue date:

26 Jul 2022