Bank of America Corporation
BLOCKCHAIN-BASED PROPERTY UTILIZATION

Abstract:

Aspects of the disclosure relate to a blockchain-based approach for managing utilization of physical property items. Any full node computing device in a network, including a physical property management computing platform, may register a physical property item onto a blockchain associated with the physical property item. The computing platform may further register one or more users onto this blockchain so that the registered users can use the physical property item. Upon receipt of a use request for the physical property item by a registered user, the computing platform may appropriately allocate the physical property item for use.