Bank of America Corporation
Blockchain Management Platform for Performing Asset Adjustment, Cross Sectional Editing, and Bonding

Last updated:

Abstract:

Aspects of the disclosure relate to processing systems for performing bonding of asset approvers. A computing platform may generate a sub-element based on a parent element, associated with a first list of quorum approvers, in a stored element chain. The computing platform may determine that the sub-element should be associated with a second list of quorum approvers. The computing platform may generate authentication keys for the second list of quorum approvers by generating authentication keys for those included in the second list of quorum approvers that were not included in the first list of quorum approvers, and revoking authentication keys from those included in the first list of quorum approvers that are not included in the second list of quorum approvers. The computing platform may direct a database to store the authentication keys for the second list of quorum approvers and to concatenate authorization keys accordingly.

Status:
Application
Type:

Utility

Filling date:

2 Jan 2019

Issue date:

2 Jul 2020