Bank of America Corporation
HIERARCHICAL PROXY POWER SYSTEM FOR ADMINISTRATION OF CHARITABLE TRUST
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Abstract:
Systems and methods for tracking and controlling the flow of funds in a digital donation platform are provided. The platform may receive a plurality of donation transmissions from a plurality of donors. Each donation transmission may be associated with a target charitable category. Each donation transmission may be converted into a plurality of data points that may be stored on a blockchain database. The platform may include a plurality of digital portals, each portal associated with a donor and configured to provide the donor access to the platform. Each portal may be configured with an access profile that may define a level of access to provide to the associated donor. The platform may be configured with a dynamically scalable hierarchical architecture, wherein donors are enabled to adjust the level of access for their own portals and/or the portals of other donors in the platform.
Utility
4 Mar 2019
10 Sep 2020