Intelligent distributed ledger consent optimizing apparatus for asset transfer

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United States of America Patent

PATENT NO 11790336
APP PUB NO 20230196317A1
SERIAL NO

18110408

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Abstract

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Aspects of the disclosure relate to processing asset transfers. A computing platform may receive an asset transfer request and extract information from it. The computing platform may modify a distributed ledger to include a new block corresponding to the asset transfer request. The computing platform may identify a consensus method by identifying, for each of a plurality of consensus methods, a subset of blocks from the distributed ledger that, when used to execute the corresponding consensus method, result in a lowest energy consumption value in comparison to remaining subsets of blocks. The computing platform may execute each consensus method using the corresponding identified subset of blocks, which may result in establishing consensus to process the asset transfer request. Based on establishing the consensus, the computing platform may direct an event processing platform to process the asset transfer request, which may cause the event processing platform to process the request accordingly.

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Patent Owner(s)

  • BANK OF AMERICA CORPORATION

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Inventor(s)

Inventor Name Address # of filed Patents Total Citations
Bidkar, Prashant Anna Delhi, IN 15 0
Dey, Subrojyoti Delhi, IN 4 0
Khare, Prashant Maharashtra, IN 30 24
Manocha, Kanika New Dehli, IN 4 0
Upadhyaya, Ankit Haryana, IN 10 0

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