BLOCKCHAIN FACILITATION OF ASSET TRANSFERS BETWEEN COMPUTING SYSTEMS

Number of patents in Portfolio can not be more than 2000

United States of America Patent

APP PUB NO 20250029098A1
SERIAL NO

18910913

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ATTORNEY / AGENT: (SPONSORED)

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Abstract

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A method may include receiving at a receiving system an electronic request to transfer assets, included in an account of a user at a delivering system, to the receiving system; generating an electronic transaction record, the electronic transaction record identifying the user, the assets, and transfer information related to the assets; adding the electronic transaction record to a shared ledger data structure; in response to the adding: transmitting an indication to the delivering system that the electronic transaction record was added; and transmitting a notification to computing nodes associated with the shared ledger data structure that the shared ledger data structure was updated; after transmitting the indication, receiving confirmation from a third-party system that the assets were successfully transferred; and in response to the confirmation, updating an account database at the receiving system indicating a transfer of the assets

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Patent Owner(s)

Patent OwnerAddress
WELLS FARGO BANK N A420 MONTGOMERY STREET SAN FRANCISCO CA 94104

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Inventor(s)

Inventor Name Address # of filed Patents Total Citations
Lenz, Jimmie Harold Isle of Palms, US 5 1

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