SYSTEMS AND METHODS FOR FUND TRANSFERS VIA BLOCKCHAIN
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United States of America
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Issued Date -
Jan 9, 2025
app pub date -
Sep 26, 2024
filing date -
Sep 26, 2024
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Abstract
Methods and systems for managing and/or processing a blockchain to maintain data security for confidential and/or personal data are provided. According to certain aspects, the disclosed data security techniques may enable access sharing functionality utilizing the blockchain. The data security techniques disclosed herein also enable the use of smart contracts to transfer funds associated with payment obligations. A node may receive a transaction indicative of a settlement condition of a smart contract being satisfied. Accordingly, the transaction may be compiled into a block of a blockchain and routed to the smart contract. The smart contract may direct a node to transfer funds in accordance with the payment obligations.
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