Intelligent Distributed Ledger Consent Optimizing Apparatus for Asset Transfer

Patent №

US 11,625,698

Granted

2023-04-11

Filed 2021

Owner

BANK OF AMERICA CORPORATION

Lab

AI components

3

planning · evo · hardware

Assignment

Recorded

Dataset

AIPD

2023_r1 edition

Application

17335660

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.

PlanningEvolutionary computationAI hardwareG06Q 20/102G06Q 20/389G06Q 2220/00Y02D 10/00

AI classification

AI hardware1.00
Planning0.87
Evolutionary computation0.64
Knowledge representation0.11
Vision0.00
Speech0.00
Machine learning0.00
Natural language0.00

Ownership

BANK OF AMERICA CORPORATION

assignment · 564040059

Assignors

DEY, SUBROJYOTI, KHARE, PRASHANT, MANOCHA, KANIKA, UPADHYAYA, ANKIT, BIDKAR, PRASHANT

On an employer assignment, the assignors are typically the inventors.

From the same owner

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