Bank of America Corporation
SYSTEM FOR AUTOMATED RESOURCE TRANSFER PROCESSING USING A DISTRIBUTED SERVER NETWORK

Last updated:

Abstract:

A system provides automated resource transfer processing using a distributed server network. In particular, the system may comprise a distributed database of data records relating to resource transfers which may be accessible by authorized users and/or entities. The distributed database may further comprise executable code which may be submitted and/or approved by the authorized users and/or entities before being deployed to the distributed database. Once deployed, the system may automatically execute the executable code upon detecting the existence of certain triggers, thereby enabling the system to efficiently resolve the steps in the resource transfer process on behalf of multiple disparate entities.

Status:
Application
Type:

Utility

Filling date:

9 Oct 2019

Issue date:

15 Apr 2021