Bank of America Corporation
REAL TIME DATA PROCESSING PLATFORM FOR RESOURCES ON DELIVERY INTERACTIONS

Abstract:

Embodiments of the present invention provide a system operatively connected with a block chain distributed network and for using the block chain distributed network for processing resources-on-delivery interactions in real-time. Embodiments receive, at a node of a block chain distributed network, a smart contract associated with a resources-on-delivery interaction between a first entity and a second entity, access a distributed ledger, wherein the distributed ledger is updated based on communications from the block chain distributed network, receive an interaction request associated with the smart contract from a user device of at least one of a first user associated with the first entity or a second user associated with the second entity, determine, from the distributed ledger, that the interaction request meets one or more conditions of the smart contract, process the interaction request by executing the smart contract, and complete an interaction associated with the interaction request.